Prime Minister Narendra Modi and Chinese President Xi Jinping Saturday continued their conversation from where they left off the previous day, as part of their informal summit meeting on the shores of the Bay of Bengal. "There has been much talk about doing so for a long time, but progress has been very slow", said Manoj Kewalramani, fellow of China Studies at the Bangalore-based Takshashila Institution think-tank.
He said that both Modi and Xi are "very strong and very popular leaders", and they are fully capable of shaping the future of the bilateral relationship in a constructive and mutually beneficial direction. "Both sides emphasize peace at the disputed boundary and work together amid the changes underway in the worldwide political and trading order".
"Our Chennai vision today has launched a new era of cooperation between our two countries", he added.
Xi said the two countries should take a clear-cut position to safeguard an global system with the United Nations as its core and an worldwide order based on worldwide law, adding that they should firmly uphold multilateralism and maintain a multilateral trading system with the World Trade Organization as its core, and safeguard the legitimate development rights of developing countries.
China, embroiled in a bruising trade war with the United States, was quite appreciative of the imbalance in its own trade with India and willing to address it, Gokhale told reporters.
The Indian foreign secretary said that both India and China also supported the rule of law in trading regimes and back the World Trade Organisation mechanism.
According to India's Commerce Ministry, India's exports to China amounted to $13.33 billion in the 2018 financial year, compared with imports of $76.38 billion.
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Xi and Modi held almost six hours of talks in an Indian seaside town in their second annual summit created to break through decades of distrust over border disputes, trade rows and China's close military ties with India's arch rival, Pakistan.
The US has asked its allies not to use Huawei equipment, which it says China could exploit for spying. In 2017, the Indian and Chinese armies faced each other down for more than two months on a high altitude border plateau claimed by China and India's tiny Himalayan ally Bhutan.
"President Xi's concern is whether India will agree to be a doorstop to China's growth".
The president said they will instruct relevant departments of both sides to implement the results of the meeting so as to open up new prospects of China-India cooperation.
Xi was received in the coastal city by a veshti-wearing Modi. China said India should not act unilaterally in Kashmir, a portion of which China also controls.
Noting that he attaches great importance to the friendship with Xi, Modi said he is willing to maintain such conducive and effective strategic communication with Xi and together create a attractive future for India-China relations.
The Prime Minister also briefed Xi on the handlooms of Tamil Nadu. Despite the ongoing disagreement in Kashmir, Modi and Xi have claimed that talks were productive on Friday, with officials stating that the countries will move forward on a set of confidence building measures along their border including border trade, tourism and even joint military patrols to boost trust.