India-China pact on literary classics soon

In an attempt to foster the cultural bonding between the two countries, India and China will sign a pact on translation of each other’s literary classics during Chinese premier Li Keqiang to India from May 19.

In an attempt to foster the cultural bonding between the two countries, India and China will sign a pact on translation of each other’s literary classics during Chinese premier Li Keqiang to India from May 19.

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A pact on minor irrigation projects will also be inked to help the two countries learn from each other’s experience in this field. India would also stress on its early position of having a joint mechanism on river Brahmaputra, in the wake of Chinese plans to build three more dams on the river.

Both the countries will also be focusing on building on the convergences, while trying to address their differences in the areas such as the border issue.

Despite the dip last year, the bilateral trade target of $100 bn by 2015 remains within the reach. India would raise demand of China addressing the trade imbalance, especially through giving market access to Indian pharmaceuticals and IT products in that country.

The two sides are also set to reiterate their commitment to maintain peace and tranquility along the LAC. Ahead of Keqiangs’ visit, India had said both countries should resolve the boundary issue as a strategic objective.