China-India ties to be important in 21st century: Nirupama Rao

by mymazaa.com

China and India should regard each other’s rise as an opportunity and not a challenge and their relationship will be the most important in the 21st century, Indian Foreign Secretary Nirupama Rao has said.

Citing comments of Chinese Premier Wen Jiabao and Indian Prime Minister Manmohan Singh at the East Asia Summit in October, Rao said: “There is enough space for India and China to grow together.”

India and China have learned lessons in the six decades since the two countries established diplomatic relations in 1950, she said in an interview with Xinhua published Sunday.

“We have had times of difficulty in the relationship, at certain points of time. But despite those difficulties, we managed to raise the level of our dialogue and strengthen our cooperation to create an architecture for dialogue between our two countries. That should be the basis for what we do in the future,” Rao said.

Asked about biased coverage of China in some Indian media, Rao said: “There are many schools of thought in India on any given issue. But the common dominator when it comes to relations with China is that we want to build a stable relationship, a productive relationship, a relationship where we can talk to each other frankly as friends and look at the issues that remain to be resolved.”

Rao called for deeper mutual understanding at the grassroots level of the two societies.

“We should study each other objectively without subjectivity. Chinese young people should visit my country, travel around and study India’s fascinating culture more closely,” Rao said.

“We must understand that the relationship between India and China is going to be, in my view, the most important relationship in the 21st century,” Rao added.

Rao said the G20 summit in Seoul was fruitful with its many achievements, especially the putting of development issues onto the G20 agenda.

“The fundamental imbalance in the world economy is the developmental imbalance between rich and poor countries. It is very good for developing countries and emerging market economies like India and China to have the development issue on the G20 agenda,” Rao said.

Rao called on the US to be responsible as the world’s largest economy. “The health of the US economy impacts the global economy. We hope the US economy will revert back to a path of growth.

“But any measures taken (by the US) should not lead to any destabilizing capital flows in the world market. The US cannot create a problem for all of us in managing our economies,” Rao said, citing the US decision to conduct a second round of quantitative easing, which injects liquidity into world markets.