Foreign Minister Krishna says growth of China and India complementary not competitive

November 1st, 2010 - 4:55 pm ICT by ANI  

Manmohan Singh Normal

New Delhi, Nov.1 (ANI): External Affairs Minister S.M.
Krishna said here on Monday that the economic growth of China and India were
complementary and not competitive.

Speaking at a seminar organised by the Congress and
Communist Party of China (CPC) to mark 60 years of diplomatic relationship
between the two countries, Krishna said: “India and China have nothing to fear
from each other. I think our growth has to be complemented by each other. It
(should) not be looked upon as an exercise in competition.”

“Any issue that might arise between China and India, there
is a mechanism, which has been created, and that mechanism will be brought to
play and all outstanding concerns will be taken care of,” he added.

The External Affairs Minister also said the Hotline between
Indian and Chinese Prime Ministers will be soon be made operational.

Krishna informed that Bejing would provide level-playing
field to Indian companies especially in Pharma and IT sector where market
access to India has been restricted.

He also said India will offer a warm welcome to Chinese
Premier Wen Jiabao during his visit to India in December.

Earlier in the day, a Chinese delegation led by the member
of China’s Politburo Standing Committee in-charge of political, legal and
legislative agenda, Zhou Yongkang, met Prime Minister Dr. Manmohan Singh.

The delegation has arrived on Sunday to lay the groundwork
for the forthcoming visit of Premier Wen Jiabao.

Communist Party of India - Marxist leaders Prakash Karat and
Sitaram Yechury are expected to meet the delegation later on Monday. (ANI)

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