Montek, Li discuss steps to boost India-China economic ties

Tags: News
Deputy Chairman of Planning Commission Montek Singh Ahluwalia today called on Chinese Premier Li Keqiang and discussed steps to enhance India-China economic cooperation.

Ahluwalia, who headed the Indian delegation at the third round of the just-concluded Strategic Economic Dialogue talks here, told Li that the talks were successful as the two countries identified specific areas of cooperation, especially in the area of Railways.

"We had a very good meeting of the SED. We have made progress in identifying the specific areas of cooperation, especially the railways," he told Li.

The SED focused on Chinese financial and technical assistance to modernise the Indian Railways.

The two sides identified three special areas, heavy haul of railway freight, increasing speed of the existing tracks and development of railway station.

The two sides proposed to set up a task force to pursue cooperation in this regard, he said.

Li said he is happy about the successful completion of the annual SED, which functioned directly under the Prime Ministers of the two countries.

"I am very happy about the future prospects of economic cooperation between our two countries," he said.

EDITORIAL OF THE DAY

  • Right to reveal

    Delhi is India’s first state to announce a scheme for witness protection. But what about the witnesses in other states?

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

New masters of the Financial Times

A few days ago, Japan’s leading financial daily Nihon Keizai ...

Anuja Sharma

Focus mindfully to get the result

Have you ever tried to light a fire using the ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture