India and China eye resumption of border trade
The Peninsula
New Delhi: India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as...
New Delhi: India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as US tariffs disrupt the global trade order.
Past trade between the neighbours across the icy and high-altitude Himalayan border passes was usually small in volume, but any resumption is significant for its symbolism.
The two major economic powers have long competed for strategic influence across South Asia.
However, the two countries, caught in global trade and geopolitical turbulence triggered by US President Donald Trump's tariff regime, have moved to mend ties.
Chinese Foreign Minister Wang Yi is expected for talks in New Delhi on Monday, according to Indian media, after his counterpart Subrahmanyam Jaishankar visited Beijing in July.
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