Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

PM to meet Chinese Premier at ASEAN meet
Prakash Chawla/PTI / Thailand Oct 23, 2009, 10:20 IST

The serene Thai beach resort here is expected to provide an ideal setting for tomorrow's meeting between Prime Minister Manmohan Singh and his Chinese counterpart Wen Jiabao to lower temperatures built over recent weeks on border and other issues.

The Singh-Wen meeting on the margins of the ASEAN and East Asia Summits takes place against the backdrop of the war of words between the two neighbours over Arunachal Pradesh.

China regards Arunachal as a disputed territory and objected to Prime Minister's visit to the northeastern state for assembly polls, triggering sharp reaction from India which asserted that the state is an integral part of the country.

"All issues of mutual interest" will figure in the meeting, a senior Indian External Affairs ministry official said.

New Delhi has taken exception to China giving visas to the residents of Jammu and Kashmir on loose sheets, raising suspicion that Beijing does not treat the state as a part of India.

Beijing, on the other hand, is unhappy over India making its visa regime stringent for the expatriates, affecting Chinese workers on business visas the most.

India has given a deadline of October 31 for shifting the business visas to employment visas failing which the expatriates will have to leave the country.

Setting a positive tone for the talks, senior functionaries from both countries have said the border problem can be amicably resolved through bilateral negotiations.

Chinese Assistant Foreign Minister Hu Zhengyue said in Beijing on Wednesday, "there has been good progress in our bilateral relationship and we hope this momentum can be sustained".

Finance Minister Pranab Mukherjee also said in New Delhi "I am quite confident that all border disputes will be resolved through discussions, amicably".

The Thai beach resort of Hua Hin, known for its quiet coastal villages, will host 16 Asia Pacific leaders to discuss ways for increased economic and strategic engagement among themselves.

Leaders from the 10-member Association of Southeast Asian Nations (ASEAN), India, China, Japan, South Korea, New Zealand and Australia would be attending the twin meets which were twice postponed since December 2008 in the wake of anti-government protests in Thailand.

Several economies in Asia, including China, India and ASEAN have managed to keep growing even when rich nations last year slipped into the worst ever recession since the second World War.

For India, the 600-million people market in 10 southeast Asian nations offers a perfect fit for enhancing the India-ASEAN trade, which at present is estimated at about $45 billion, less than 10 per cent of its global merchandise engagement.

The signing of the Free Trade Agreement (FTA) in August between India and the southeast Asian nations was a testimony to India's growing engagement in the region.

Singh is also expected to meet Australian Prime Minister Kevin Rudd. Over and above the ways to enhance their economic ties, Singh is likely to impress upon Rudd to ensure that the racial attacks against Indian students in Australia are stopped.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Tata Motors skids as margins dip at JLR
- Toyota looks at more small cars for India
- Rupee-sensitive stocks risky for new investors
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us