But, to maintain this partnership over the long run, we must also improve the access of Indian industry to the Chinese market. I am encouraged by President Xi’s and Premier Li’s commitment to resolve this problem.
As much as our bilateral cooperation, our international partnership will be important for each other’s success.
Our changing world has created new opportunities and challenges.
We both face instability in our shared neighbourhood that can threaten our security and slow down our economies.
The spreading tide of extremism and terrorism is a threat we both face; for both, its source is in the same region.
We must also deal with the changing character of terrorism that has made it less predictable and more diffuse.
We source a large part of our energy from the same region that faces instability and uncertain future.
India and China conduct their international commerce on the same sea lanes. The security of sea lanes is vital for our two economies; and, our cooperation is essential to achieve it.
Equally, we both seek to connect a fragmented Asia. There are projects we will pursue individually. There are few such as the Bangladesh, China India Myanmar Corridor that we are doing jointly.
But, geography and history tell us that the dream of an interconnected Asia will be successful, when India and China work together.
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