In what is certainly a positive development for the alliance, India and China have struck a landmark agreement at a recent BRICS meeting. Specifically, both Chinese foreign minister Wang Yi and India’s National Security Advisor Ajit Doval have reached a crucial pact regarding cooperation and disengagement.
Despite their place in BRICS, the two sides have had a rather contentious relationship. Over the past two years, the economic alliance has surged, placing those bilateral relations under a microscope. With just a few weeks until the highly anticipated 2024 BRICS Summit, the two sides have announced a massive deal.
Source: CNBC
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BRICS Bloc Sees Critical India and China Agreement Take Place
The BRICS alliance has seen massive growth take place over the last two years. It has firmly embraced de-dollarization in a move that has influenced a global shift. Moreover, they have implemented their first expansion effort since 2001. Specifically, welcoming the United Arab Emirates (UAE), Egypt, Iran, and Ethiopia to the bloc.
A period of tremendous growth has still seen some concerns abound regarding the bloc’s cooperation. Yet, that has been targeting two nations primarily. Both India and China have been engaged in an ongoing border dispute. The Sino-India border conflict has been a facet of the relationship. Moreover, it has been a key focus of the outside world as they observe the collective’s next moves.
However, both sides have made a massive step regarding those concerns Friday. Indeed, both India and China made a landmark agreement during a recent BRICS meeting. Specifically, officials from both sides agreed to improve bilateral relations. The focus of the agreement is on the stabilization of cooperation for the long-term benefit of both nations.
Source: TimesNow
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The two counters agree to “implement the consensus reached by their leaders, strengthen mutual understanding, and maintain continuous communication,” to improve bilateral ties, a report stated. Moreover, they announced the continued efforts toward unity and cooperation, “rather than conflict.”
A key aspect of the agreement is disengagement progress. This is crucial to relieving the tension that both sides face. If they can follow through on this pact, the entire collective could be better for it.
India noted in a press release that both sides have added the necessity to work with “urgency” in order to reach full disengagement from Eastern Ladakhn tension areas. The two nations have been facing off over the border since 2020. Yet, that could be nearing an end soon.
