Showing posts with label doklam standoff. Show all posts
Showing posts with label doklam standoff. Show all posts

Monday, 28 August 2017

Doklam standoff ends: MEA says troops begin 'disengaging'

A press statement by the Ministry of External Affairs on Monday announced the development

Troops involved in the border standoff between India and China at Doklam have begun disengaging, a press statement by the Ministry of External Affairs (MEA) said on Monday.
Shortly after the MEA statement, China’s Foreign Ministry said that Indian troops had withdrawn to the Indian side of the disputed border at Doklam, where the two countries’ soldiers had been locked in a standoff for more than two months, news agency Reuters reported.
Speaking at a daily news briefing, ministry spokes woman Hua Chunying said Chinese troops would continue to patrol the disputed Doklam region, the report added.
New Delhi and Beijing have reached an understanding for disengaging troops involved in the Doklam standoff, the MEA press statement said.
According to the statement, "expeditious disengagement" of border personnel at the face-off site has been agreed to and "is ongoing".
The MEA statement said that during bilateral communications, "we were able to express our views and convey our concerns and interests". It was on the basis of these communications, according to the statement, that the agreement to disengage was reached.
The People's Daily has also tweeted that India has withdrawn its troops.
The decision to disengage troops comes ahead of a crucial BRICS summit being hosted by China in September, which Prime Minister Narendra Modi is expected to attend.
Indian and Chinese troops have been locked in a standoff since June at Doklam, located at the Sikkim section of the Bhutan-China border.
This is the longest standoff between the two armies since 1987 when they faced a similar situation at Somordong Chu Valley in Arunachal Pradesh. Read more

Monday, 14 August 2017

Amid Doklam standoff, India-China trade war looms: Chinese media

The article said that China 'could easily retaliate' with restrictions on Indian products

A trade war seems to be looming between India and China after New Delhi imposed anti-dumping duties on 93 Chinese products amidst a military standoff in Doklam area, two state media reports here said on.
An article in The Global Times, part of the ruling Communist Party's publication group, urged Chinese firms to "reconsider the risks" of investing in India and warned New Delhi to be "prepared for the possible consequences for its ill-considered action."

The article said that China "could easily retaliate" with restrictions on Indian products, but added that it "doesn't make much economic sense" for the country.
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It cited figures from the Indian embassy in China to show that Indian exports fell by 12.3 per cent year-on-year to $11.75 billion while India's imports from China rose by 2 per cent to $59 billion, resulting in a trade deficit of $47 billion.
According to the Indian Commerce Ministry, the trade deficit with China last year mounted to over $52 billion when the bilateral trade stood at $70 billion.
"A trade war between China and India seems to be looming after the latter moved last Wednesday to impose anti-dumping duties on 93 products from China," the report said.
"If India really starts a trade war with China, of course China's economic interests will be hurt, but there will also be consequences for India," it said.
The report on trade comes as India and China have been locked in a tense military standoff in Doklam in the Sikkim sector. Read more