India and China agree to end a four-year military stand-off, the Indian foreign minister said on Monday, improving political and business ties between them.
India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the India n foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants.
The news came on the eve of Indian Prime Minister Narendra Modi's visit to Russia for an Oct. 22-24 summit of the BRICS regional grouping, during which he could hold talks with Chinese President Xi Jinping, Indian officials said. "We reached an agreement on patrolling, and with that we have gone back to where the situation was in 2020 and we can say... the disengagement process with China has been completed," Indian Foreign Minister Subrahmanyam Jaishankar said at a NDTV media conclave.
The senior military officer said that both sides would pull back their troops a little from current positions to avoid face-offs, but would be allowed to patrol these areas according to a schedule that is being worked out. Slow progress during talks over the last four years to end the stand-off damaged business ties between the two large economies, with New Delhi tightening scrutiny of investment by Chinese firms and halting major projects.
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