AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

NEW DELHI/BEIJING: Indian Prime Minister Narendra Modi and Chinese President Xi Jinping held their first formal talks in five years on Wednesday, signaling that ties between the Asian giants damaged by a deadly military clash in 2020 had begun to recover.

The two leaders met on the sidelines of the BRICS summit in the Russian city of Kazan, the Indian government and Chinese state media said, two days after New Delhi announced that it had reached a deal with Beijing to resolve the four-year military stand-off on their disputed Himalayan frontier.

Relations between the world’s two most populous nations - both nuclear powers - have been strained since a clash between their troops on the largely undemarcated frontier in the western Himalayas of Ladakh left 20 Indian and four Chinese soldiers dead in 2020.

The neighbours increased their military presence along the icy frontier since, adding tens of thousands of troops and weapons over the last four years.

Modi and Xi had not held formal bilateral talks since although they both participated in multilateral events. Their last summit talks were held in Oct. 2019 in the southern Indian town of Mamallapuram.

Russia showcases growing BRICS clout

The two spoke briefly on the sidelines of the G20 summit in Bali in Nov. 2022 and exchanged courtesies. They spoke again on the sidelines of the BRICS summit in Johannesburg in Aug. 2023 but ended up releasing different versions of the conversation, indicating the two sides didn’t see eye to eye.

Xi skipped the G20 summit hosted by New Delhi the following month, a decision seen as another setback to their relations.

Diplomatic efforts gained momentum in recent months after foreign ministers of the two countries met in July and agreed to step up talks to ease the border tensions.

As India had made improving the wider political and damaged business ties contingent upon finding a solution to the border stand-off, Wednesday’s talks between the two leaders is expected to result in potentially more Chinese investment into India.

New Delhi had increased the scrutiny of investments coming from China, blocked direct flights between the two countries and had practically barred issuing any visas to Chinese nationals since the Ladakh clashes.

Neither New Delhi nor Beijing - which confirmed the border pact on Tuesday - has shared details of how the stand-off will be resolved under the deal agreed to this week.

An Indian military source told Reuters that the pact will allow both sides to patrol contested points on the frontier according to an agreed schedule to prevent confrontations.

Comments

200 characters