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Decoupling trade ties to hurt both, says China envoy


Written by Shubhajit Roy
| New Delhi |

Published: July 11, 2020 4:37:13 am

India China border dispute, India China LAC dispute, India China relations, India China trade relations, Galwan faceoff, Galwan valley clashes, India news, Indian Express Recalling the June 15 incident in Galwan Valley “causing casualties” he stated it was “a situation neither China nor India would like to see”. (AP/File)
As the border working mechanism reviewed the state of affairs on the bottom in Ladakh and the “progress made” in disengagement of troops alongside the Line of Actual Control, Beijing’s envoy to New Delhi Friday stated “the so-called ‘decoupling’ of China-India economic and trade relations” will “only harm others without benefit to oneself, and it will eventually hurt oneself as well”.

Ambassador Sun Weidong, in a press release launched by the Chinese embassy on its web site, stated the 2 nations “should meet each other halfway” to “overcome” the “complex situation” in ties and “turn it around as soon as possible”. He stated each needs to be “partners rather than opponents or adversaries”.

While calling for constructing “mutual trust” and “need to respect and accommodate mutual core interests and major concern”, he additionally stated each should “adhere to the principle of non-interference in each other’s internal affairs”.

Maintaining that China is “neither a warlike state nor an assertive country”, Sun stated “why should we fight against each other” when it “will only hurt those close to us and gladden the foes”.

Recalling the June 15 incident in Galwan Valley “causing casualties” – 20 Indian Army personnel and an unspecified variety of Chinese troops had been killed in clashes – he stated it was “a situation neither China nor India would like to see”.

“The right and wrong of what recently happened at the Galwan Valley is very clear. China will firmly safeguard its sovereignty and territorial integrity, and ensure the peace and tranquility in the border areas,” he stated.

In his assertion, Sun cautioned in opposition to the “unfair” boycott of Chinese merchandise by India. “China has been India’s largest trading partner for many years in a row, with cumulative investment in India exceeding $8 billion US dollars. China-India economic and trade cooperation has not only boosted the industries such as mobile phones, household appliances, infrastructure and automobile making in India, but also created a large number of local jobs,” he stated.

“Some people have been trumpeting the so-called ‘decoupling’ of China-India economic and trade relations, with an attempt to completely exclude ‘Made in China’. One basic fact they ignore is that the current global industrial and supply chains are formed in a process of natural selection by market optimization over the past decades. The business community and people of India are the beneficiaries of China-India economic and trade cooperation.”

“Any self-protection, non-tariff barriers and restrictive measures against China are unfair to Chinese enterprises, unfair to Indian employees who lost their jobs as a result, and unfair to Indian consumers who cannot get access to the products and services they deserve. It will only harm others without benefit to oneself, and it will eventually hurt oneself as well,” he stated.

Underlining that “China-India relations have gone far beyond the bilateral scope and have global strategic significance”, Sun used a Chinese saying “we have no fear of the clouds that may block our sights as we are already at the top of the height” to make the purpose that each nations should “bring bilateral relations back on the right track”.

On efforts to decrease LAC tensions, he stated “the two Special Representatives… agreed to follow the important consensus reached by leaders of the two countries. Both believed that maintaining peace and tranquility in the border areas matters significantly to the long-term development of bilateral relationship, that the boundary question should be placed properly in the bilateral relations, and that an escalation from differences to disputes should be avoided”.

The Ambassador’s assertion got here on the day officers of the Working Mechanism for Consultation & Coordination on India-China Border Affairs (WMCC) met for the second time in lower than a month — the final assembly was on June 24.

The Ministry of External Affairs stated: “They agreed that it was necessary for both sides to sincerely implement the understandings reached between Senior Commanders… As agreed by the two SRs, the Senior Commanders will meet soon to discuss further steps so as to ensure complete disengagement and de-escalation in a timely manner.”

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