Sangay was re-elected last month, after he defeated his lone rival Penpa Tsering, the Speaker of the Tibetan Parliament, winning more than 57 per cent of the votes.
Addressing the a packed audience at the main Tibetan temple, Sangay said the "middle way" policy envisioned by the Dalai Lama to peacefully resolve the issue of Tibet's autonomy, would continue to remain the official policy of the Central Tibetan Administration.
"We are committed to make efforts towards the holding of talks between the envoys of the Dalai Lama and the representatives of the Chinese government and resolve the issue of Tibet peacefully during His Holiness' lifetime," he said.
The Dalai Lama in his address, spoke of the rich cultural and religious traditions of Tibet and the need for a holistic education of Tibetan children.
"Tibet is called the roof of the world. Similarly, the rich Buddhist culture and tradition of Tibet is also one of the best traditions in the world," he said.
"Over the years I have met numerous people, including scholars, scientists, politicians and spiritual leaders.
"In my interaction with these people, I have come to realise that the Tibetan Buddhist tradition, derived from the Nalanda tradition of India, is among the best, primarily because it is based in scientific analysis and logical study," he said.
Several monks then recited a prayer of blessing to inaugurate the event, followed by serving of traditional Tibetan tea and sweetened rice to the gathering.
The ceremony was attended by thousands of Tibetans and supporters of their cause, besides R K Khrimey, MLA and advisor to the Arunachal Pradesh Chief Minister.
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