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Indian PM's speech brings relations closer
( 2003-06-24 00:19) (China Daily)

For the more than 300 students and teachers from Peking University who listened to visiting Indian Prime Minister Atal Bihari Vajpayee's speech Monday, Sino-Indian relations seemed that much closer when they realized how involved Sino-Indian ties are.

"I think there is no reason for the two countries to regard each other as enemies since their friendship could be traced back more than one thousand year,'' said Gao Yan, a graduate student of the School of Foreign Languages at the university.

"As China and India are the two largest developing nations and also neighbours, to develop bilateral relations is a wiser choice for the two rather than being divisive rivalry,'' Gao said.

"I think Vajpayee's visit is a fresh start for the relations between the two, because I can see that India has shown their stronger willingness to enhance relations with China,'' he continued.

Gao said there is a need for both countries to promote mutual understanding.

Gao said that many people in China were not as familiar with Sino-Indian relations as they were with some other neighbouring countries.

The 78-year-old prime minister attended a ceremony to mark the opening of a Centre for Indian Studies at Peking University before his speech. He promised that New Delhi would provide US$21,500 a year to support it and a scholarship for one of its Chinese students to visit India.

In his half--hour-long speech at the Overseas Exchange Centre of the university, Vajpayee called for closer co-operation between the two countries, stressing "combined strength'' and "complementarity'' of Indian-China partnership.

"We are both at the forefront of developing and applying the technologies, which drive the knowledge-based economy.

"If we acted in concert, it would be very difficult for the world to ignore us.

"We should focus on the simple truth that there is no
objective reason for discord between us, and neither of us is a threat to the other,'' he said.

Vajpayee brought a 40-plus entrepreneurs delegation along with senior leaders.

Amit Mitra, secretary general of the Federation of the Indian Chamber of Commerce and Industry, told China Daily Monday that at least five companies in the visiting business group had factories in China.

Although trade between India and China is growing, it remains at a very low level given that the two nations have more than a third of the world's population, said Mitra.

"But we are more than happy to see that now it is speeding up,'' Mitra said.

According to Chinese figures, the Sino-Indian trade volume in the last four months reached US$2.31 billion, of which China's exports to India were US$980 million, up 42 per cent, while China's imports totalled US$1.33 billion, up 101 per cent.

As the two largest developing nations, India and China have witnessed an improvement in their economic exchanges from simple cargo trade to comprehensive co-operation covering trade, project contracts and mutual investment, said Mitra .

He listed a number of potential fields for future business co-operation, such as entertainment, bio-technology, medicine, IT and manufacturing.

"It (co-operation) gives us the reason to have a good expectation of India-China economic relations,'' he said.

   
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