Diplomatic Delve: India-China Relations on the Ascend with Rare Earths Promise
India and China are improving bilateral relations, with China promising to address India's concerns about rare earths, fertilizers, and tunnel boring machines. High-level discussions, including the Chinese Foreign Minister's visit, aim for enhanced cooperation and trust, though export license clarity remains pending. Rare earth exports to India are notably down.
Amid an upward trend in diplomatic ties, India and China are fortifying their relationship with promises of cooperation on critical supplies. A senior Indian official revealed discussions on rare earths and other needs as the two countries mend relations strained by a 2020 border conflict.
During high-level talks in India, Chinese Foreign Minister Wang Yi engaged in dialogue with Indian National Security Advisor Ajit Doval and Prime Minister Narendra Modi. The discussions precede Modi's upcoming visit to China for the Shanghai Cooperation Organisation summit, marking a significant step toward improved bilateral engagements.
While there is a pledge from China to address key Indian concerns, such as rare earth supplies, the specifics regarding export license acceleration remain undefined. Despite commitments made by China, rare earth exports to India saw a 58% decline in June, indicative of ongoing complexities in trade dynamics.
(With inputs from agencies.)
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