India, China can achieve trade aspirations simultaneously:Prez

Image
Press Trust of India
Last Updated : Jan 21 2013 | 4:48 AM IST

President Pratibha Patil today said there was enough scope for both India and China to achieve their economic and trade aspirations simultaneously, especially among ASEAN countries.

"Laos and Cambodia have good relations and cooperation with China and also with India. Our relations (with these two countries) have improved since we started our Look East policy in the 1990s...

"We believe there is enough scope in the world for both countries, China and India, to develop and grow. Both the countries can achieve their aspirations simultaneously," Patil, who commenced a 10-day state visit to Laos and Cambodia today, told reporters on board her special aircraft.
    
The President was replying to a question on whether Laos and Cambodia leaned more towards China than India.
    
Patil felt that the full potential of trade and commerce between India and the two ASEAN countries had still not been exploited and hoped her visit would prove effective in enhancing it.
    
"A business delegation is accompanying me. India is one of the largest trading partners of ASEAN countries today. But I feel the potential is much bigger and has not been fully realised. My visit should encourage them to explore more areas of economic cooperation," she said.
    
Patil said India had long-standing cultural relations with Laos and Cambodia.
    
"We have maintained political dialogues with both these countries.... My visit will be an opportunity to continue discussions with the leaderships of these countries and to reaffirm our commitment to strengthen and consolidate our relations as well as enhance our economic engagement with these countries," she said.
    
She noted that India had been the Co-chair of International Commission for Supervision and Control on Indo-China, where it played a significant role for which there is considerable appreciation in the region.
    
Patil also said that both Laos and Cambodia have given unconditional support for India's candidature for permanent membership of the UN Security Council.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 09 2010 | 5:38 PM IST

Next Story