India-China Informal Summit at Wuhan
New Delhi: Prime Minister of India, H.E. Mr. Narendra Modi and President of People’s Republic of China, H.E. Mr. Xi Jinping held their first Informal Summit in Wuhan on April 27-28, 2018, to exchange views on overarching issues of bilateral and global importance, and to elaborate their respective visions and priorities for national development in the context of the current and future international situation.
India and China as two large economies and major powers with strategic and decisional autonomy, has implications of regional and global significance. They shared the view that peaceful, stable and balanced relations between India and China will be a positive factor for stability amidst current global uncertainties. They also agreed that proper management of the bilateral relationship will be conducive for the development and prosperity of the region, and will create the conditions for the Asian Century. To this end, they decided to strengthen the Closer Development Partnership in a mutually beneficial and sustainable manner, in pursuit of national modernization and greater prosperity for their peoples.
The two leaders agreed to push forward bilateral trade and investment in a balanced and sustainable manner by taking advantage of complementarities between their two economies. They also discussed ways to promote greater cultural and people-to-people exchanges and agreed to explore establishing new mechanisms in this direction.
Prime Minister Modi and President Xi underlined that as two major countries India and China have wider and overlapping regional and global interests. They agreed on their need to strengthen strategic communication through greater consultation on all matters of common interest. They believe that such strategic communication will have a positive influence on enhancing mutual understanding and will contribute to regional and global stability.
Prime Minister Modi and President Xi recognized the common threat posed by terrorism, and reiterated their strong condemnation of and resolute opposition to terrorism in all its forms and manifestations. They committed themselves to cooperate on counter-terrorism.
The forward-looking dialogue raised the level of strategic communication about the perspective, priorities and vision that guide their respective policy choices domestically, regionally and globally. It also helped them in forging a common understanding of the future direction of India-China relations built upon mutual respect for each other’s developmental aspirations and prudent management of differences with mutual sensitivity.