At summit end, Hu, Singh talk

Updated: 2012-03-30 08:01

By Hu Yinan and Wu Jiao in New Delhi and Li Lianxing in Beijing (China Daily)

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"The Chinese side appreciates the effective and concrete measures taken by the government of India in overcoming the disruptions and the disturbances and in ensuring the safe and smooth holding of the (BRICS) summit," Luo told journalists.

Luo stressed that India and China were enjoying "very sound momentum" in their bilateral ties that is marked by frequent political contacts at the highest levels and cooperation in international issues.

He said meetings between the two governments had been made easier, and peace and tranquility had been maintained in the regions where they both exercise control. "I'd say that's a great success," Luo said.

Earlier, India's media said the country had been asking China to allow its information technology and pharmaceutical firms access to the Chinese market.

China is India's largest trading partner, while India is China's fourth-largest. Both countries are expecting slower economic growth this year.

Cooperation through the BRICS platform, particularly in the business sector, is a way to address existing frictions among the member nations, said Li Zhongmin, a researcher with the Chinese Academy of Social Sciences.

Fu Xiaoqiang, an expert on South Asian studies at the China Institutes of Contemporary International Relations, said China and India should cooperate more under a multilateral framework like BRICS.

"This will enhance the economic and business relationship by increasing communication and mutual understanding," he said, adding that greater cooperation will help both respond to international affairs more positively.

"It will enormously increase the biggest developing countries' common interests and international status," he added.

Simran Sodhi from The Statesman, a member of the Asia News Network, contributed to this story.

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