NEW DELHI: Without naming the
, Prime Minister
raised the issue of trans-border rivers with his Chinese counterpart
in a meeting on the sidelines of the Rio+20 summit. Foreign secretary Ranjan Mathai said after the meeting that as a lower riparian state, India appreciated the fact that the Chinese had agreed to set up a mechanism for transfer of information.
"The PM said that we would like this to continue so that there is a greater confidence in our country. The Chinese agreed, and in fact they said they would agree to strengthen the communication with the Indian side on this issue as well as on the trade issue,'' Mathai said.
The two leaders also referred to the boundary question and decided that the special representatives would work for preparing the joint record of their work so far, which was already announced in January, and also give directions for future coordination between them.
"Both sides agreed that the joint mechanism which has been set up for handling boundary related issues, its first meeting which took place in
a few weeks ago, was a very positive step. PM recalled that in fact the joint mechanism was set up at the suggestion of Prime Minister Wen Jiabao in December 2010 when he had come to India,'' Mathai said.
Both PMs agreed that the target of $100 billion in trade by 2015, which was set a few years ago, was on track. Singh raised the issue of Indian trade deficit and the Chinese agreed to work with India in addressing the matter. They specifically mentioned that they were arranging trade missions to India to improve access of Indian exports into the Chinese market.
"They are organizing commodity fairs. And they noted for example one of the changes which has happened recently is that rice exports from India to China will now be commencing,'' Mathai said.
Both sides also felt that improving investment would be one way of dealing with the trade deficit issue, particularly if there was a large flow of Chinese investments into India. The PM also mentioned that Chinese investment in the infrastructure sector would be particularly welcome.