Tuesday, November 27, 2012

2nd India-China Strategic economic Dialogue held in New Delhi

The 2nd India-China Strategic Economic Dialogue was held in New Delhi on 26 November, 2012. During the 2nd meeting of the Dialogue, India and China discussed a wide range of topics including greater cooperation at the global level, strengthening communication on macro-economic policies, deepening and expanding trade and investment and promoting bilateral cooperation in the financial and infrastructure sectors. The proposals and recommendations made by the five Working Groups were considered during the 2nd Dialogue and directions given for their future activities.

What is India-China Strategic Economic Dialogue:
Established during the visit to India of Wen Jiabao, Premier of the State Council of the People’s Republic of China in December 2010, the India-China Strategic Economic Dialogue is aimed at improving macro-economic policy coordination, promoting exchanges on economic issues and enhancing India-China economic cooperation. The 1st Dialogue had been successfully held at Beijing in September 2011 where the two countries agreed to constitute five Working Groups on policy coordination, infrastructure, energy, environment protection and high-technology. A working level delegation from China visited New Delhi in March 2012 following which the five Working Groups met in Beijing in the months of August and September 2012. This preparatory work has contributed immensely to the successful deliberations in and outcomes of the 2nd Dialogue.

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