Surat Wealth Management：On the eve of the BRICS Summit, India revealed heavy news： China and India reached an agreement on the border issue

The BRICS Summit hosted by Russia was held in Kazan from October 22nd to 24th. The Indian Prime Minister Modi, who had previously absent from the Shanghai Summit, decided to attend this time, which means that the leaders of China and Russia and India will gatherOn the eve of the summit officially, Indian Foreign Minister Su Jesheng revealed a heavy news: China and India had reached an agreement on the border issue.

(Indian Foreign Minister Su Jiesheng)

In an interview with the Indian media on the 21st, Su Jiesheng said that India and India reached an agreement on the border patrol issue and have returned to the position of 2020.In this way, the process of separation from India and India has been completed.

Subsequently, China also confirmed the news that Lin Jian, a spokesman for the Ministry of Foreign Affairs, said that in response to the China -India border issues, China and India have maintained close communication through diplomatic and military channels in recent times. At present, the two parties have reached a solution on related issues.In the next step, China will implement the above solutions with the Indian side.

(Foreign Ministry spokesman Lin Jian)

The sharp deterioration of the Sino -Indian border situation dates back to April 2020. At that time, the Indian border defense forces blatantly violated the consensus with our side and successively passed the control in the Galwan Valley region, the south bank of the Bandonghu, and the Kyluski Mountain mouth.Line, deliberately provoking Chinese.Since then, the two sides have stopped patrol in several locations in the Radaka region and held multiple rounds of diplomatic and military negotiation talks.

Of course, India agrees to reach an agreement with China, nor is it decided for a while. In August of this year, the China -India delegation held the 31st meeting of the China -India border affairs consultation and coordination mechanism in a positive and friendly and frank atmosphere.Soon after that, Su Jiesheng let go, and the China -India border negotiations "made some progress, and 75%of contact problems have been resolved."

The news of India released this time, on the one hand, a signal to the Chinese side before the meeting of the Chinese and Indian leaders before the meeting of the BRICS summit, and on the other hand, it was also a pavement to improve the political and business relationship between China and India.

In fact, it has always been accustomed to inciting nationalism and advocating the tough Modi to ChinaSurat Wealth Management. After winning a re -election campaign, it has repeatedly revealed the willingness to improve the relationship with India, and has also been loose in China.Because they are increasingly aware of the importance of India.

For example, although the Indian government has been promoting the "self -reliance" strategy and even claiming to replace the status of India's "world factory", India is actually inseparable from India's technology and talents.India implements visa restrictions on Indian technicians. As a result, many equipment workers in the equipment will not be used at all and have to be idle, which directly affects the development of Indian manufacturing.To expand the production of products such as smartphones, solar panels and drugs, it also depends on imported raw materials and components from India, let alone that India has limited investment in India, and also limits India's economic development.

(Indian manufacturing depends on India)

After the most difficult and main border contradictions between China and India are resolved, it will undoubtedly help promote other aspects of cooperation, which is a good thing for both China and India.Pune Investment

Of course, reaching an agreement does not mean that we can have no worries since then, but based on India's reputation, even if it has reached a reconciliation with India on border issues, it is difficult to say whether it will be done. After allIndia, the US president was still Trump at that time, and as the US election approached, Trump may return to the White House. It may not be necessary to shake the Indian attitude again, but if India really wants to have a Sino -India relations in the long run, it will be long -term.Development should be said to be able to fulfill their promises with practical actions.

Bangalore Stock Exchange