India and China announced a hotline for the foreign ministers of both countries while reiterating their commitment to strengthening ties and building "mutual political trust". The two countries also decided to speed up liberalisation of visa norms and intensify efforts to resolve the border issue.
At a meeting between External Affairs Minister Pranab Mukherjee and his Chinese counterpart Li Zhaoxing, the Chinese also sought to assure India that their recent anti-satellite missile test was for peaceful and scientific purposes and was not targeted at any particular country.
India's ambassador to China, Nirupama Rao, told mediapersons that the two sides also reiterated their commitment to establish a system of dialogue to facilitate exchange of views on strategic, security, counter-terrorism and other fronts.
The two ministers expressed optimism that the target of $40bn-worth bilateral trade by 2010 would be met, and that a joint task force was currently conducting a feasibility study for a regional trade agreement between the two countries.