As two major powers in the emerging world order, India and China agreed to not only step up their consultations on developments affecting international peace, security and development but also coordinate their positions and work together to shape the regional and global agenda and outcomes.
In a joint statement issued today after restricted and delegation-level talks, both sides said the engagement between India and China transcends the bilateral dimension and has a significant bearing on regional, multilateral and global issues. Therefore, both the nations agreed to further strengthen coordination and cooperation in multilateral forums including RIC, BRICS and G20, promote the interests of developing countries and the building of a better world. India will support China in hosting the G20 summit in 2016.
Prime Minister Narendra Modi and Chinese Premier Li Keqiang welcomed the decision to launch a bilateral consultative mechanism on WTO-related issues as a positive step for enhancing coordination in the context of global trade talks.
Both sides reiterated their strong condemnation of and resolute opposition to terrorism in all its forms and manifestations and committed themselves to cooperate on counter-terrorism. They agreed that there is no justification for terrorism and urged all countries and entities to work sincerely to disrupt terrorist networks and their financing, and stop cross-border movement of terrorists, in accordance with the relevant principles and purposes of the UN Charter and international laws.
They called for early conclusion of negotiations on the Comprehensive Convention on International Terrorism.
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India and China stated that they support a comprehensive reform of the United Nations, including recognizing the imperative of increased participation of developing countries in UN's affairs and governance structures, so as to bring more effectiveness to the UN. China attaches great importance to India's status in international affairs as a large developing country, and understands and supports India's aspiration to play a greater role in the United Nations including in the Security Council.
Both sides mentioned that they are ready to continue cooperation under the framework of Shanghai Cooperation Organization. China welcomed India's application for full membership of Shanghai Cooperation Organization.
India and China further agreed to work together with relevant parties to accelerate the preparation for establishment of the Asian Infrastructure Investment Bank to promote regional infrastructure and
economic development.
Both nations welcomed the progress made in promoting cooperation under the framework of the BCIM (Bangladesh, China, India and Myanmar) Economic Corridor and recalled the second meeting of the Joint Study Group of BCIM Economic Corridor, and agreed to continue their respective efforts to implement understandings reached at the meeting.
The two sides also agreed to broaden cooperation in SAARC and recognized that APEC has a significant role in advancing regional economic integration and in promoting regional economic growth and
prosperity, and welcomes the success of the Beijing APEC meeting.
China acknowledged India's important role in driving the global economic growth, supported the openness of APEC, and welcomed India's desire to strengthen its link with APEC.
Both sides further welcomed the India-China Dialogue on Arms Control and Non-Proliferation held in Beijing on April 17, 2015. Noting the commonalities in their approach to global arms control and
non-proliferation, they agreed to continue their engagement bilaterally and in multilateral fora on arms control and non-proliferation. The Chinese side took note of India's aspirations to become a member of the NSG, in a bid to strengthen international non-proliferation efforts.
They also shared the view that the issue of climate change is of vital importance for the sake of today's world and future generations. They underscored the importance of working together and with other
countries to conclude an ambitious, comprehensive, universal, balanced and equitable climate agreement at the forthcoming CoP 21 to UNFCCC to be held in Paris later this year that will also encourage genuine technology transfer, collaboration for adaptation and mitigation and financial support in meeting this common global challenge.
