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Home / World / Modi-Xi Wuhan Summit: Trump's Protectionism on the Agenda; Top 10 developments

Modi-Xi Wuhan Summit: Trump's Protectionism on the Agenda; Top 10 developments



At the Narendra Modi-Xi Jinping Summit in Wuhan, China, April 27-28, the Indian Prime Minister and Chinese President discuss US President Donald Trump's "protectionist" trade policy and the "unprecedented" changes in the US World order over 100 years, along with the controversial bilateral issues such as China's Belt and Road Initiative (BRI), which includes the China-Pakistan Economic Corridor (CPEC), and the border dispute between India and China, which erupted during last year's documentary Stalemate. In the run-up to the Modi-Xi summit, Defense Minister Nirmala Sitharaman and Foreign Minister Sushma Swaraj attended the meeting of defense and foreign ministers of the Shanghai Organization for Cooperation (SCO) in China on Tuesday.

One Day Later The Modi-Xi Wuhan Summit was announced, EAM Swaraj called on Chinese President Xi and held an important one-on-one interview with Vice President Wang Qishan. Swaraj is in Beijing to attend the SCO Foreign Ministers' Conference. She also met China's ambassador to India, Luo Zhaohui. While Swaraj Xi met with the foreign ministers of the SCO member countries, her personal conversation with Wang, considered China's second most powerful man, is considered of high importance before the informal meeting between Modi and Xi takes place. During their meeting, Swaraj and Wang discussed ways to strengthen bilateral relations between India and China.

The Dalai Lama welcomed the Modi-Xi Summit, apart from official statements and state reports, saying that the two countries could together make big contributions in different areas. At the weekend, the Tibetan spiritual leader said Tibet could stay in China, but only if Beijing recognizes and respects the region's distinctive culture and autonomy.

The Modi-Xi Summit will aim to create a broad framework for India-China. According to official figures, both from New Delhi and Beijing, the two leaders build trust and build trust. While the two-day Wuhan Summit will be informal, it will not shy away from a major strategic divergence between India and China ̵

1; Modi and Xi will hold open talks on the BRI, including the $ 50 billion CPEC. Project has become a major stumbling block in bilateral relations between India and China. Modi and Xi will also explore ideas on how to tackle the long-running border dispute between India and China. Informed sources told the news agencies that the Modi-Xi Wuhan summit will give the two leaders a "sincere attempt" to develop a common understanding on the future course of India-China relations.

Here are the top 10 developments surrounding the Narendra Modi-Xi Jinping Wuhan Summit in China and what is expected to come from the meeting:

1) In Wuhan, Modes, Xi to speak out against protectionism: Donald Trump, US protectionism, the possibility of a trade war and globalization are reported to be on the agenda at the summit of Modi-Xi Wuhan. China has said that US "protectionist" trade policy and "unprecedented" changes in the world order over the past 100 years will be discussed by Prime Minister Narendra Modi and Chinese President Xi Jinping at the Wuhan Summit this week

Referring to the background of the Modi Xi Summit, Chinese Foreign Ministry spokesman Lu Kang said, "I believe you also realize that the world is now facing rampant unilateralism and rising protectionism Globalization – All these new trends in the world need to be closely monitored and discussed. "Lu said China and India have much to discuss about such a decline.

"We are both emerging and developing with a large population, so we believe the two countries will continue globalization, so we have many common interests, concerns and positions," the spokesman said.

Lu further said that Modi and Xi in Wuhan will "discuss long-term strategic goals, as well as the latest trends in the world, to make the world more stable."

In an apparent reference to a series of Measures taken by US President Donald Trump in his "America First" policy On protectionist measures, including China-US trade talks, Lu said that all these new trends in the world were closely followed and discussed. Asked whether there will be a common message regarding trade and protectionism, and in particular US unilateral protectionism, after the meeting between Modi and Xi, Lu said he could not make a prejudice before the meeting, "is certain that the two leaders will exchange views on these issues, but I believe that you will see and hear very positive voices. "

2) IMF calls on USA China to resolve trade tensions: The Government of Donald Trump in the US has recently threatened to impose tariffs of up to $ 150 billion in Chinese imports while China has pledged to avenge US exports if the Trump administration continues to tariff , Unilateralism and trade protectionism would inevitably harm others without taking advantage of themselves, as the global economy is deeply integrated, Hua Chunying, spokeswoman for the Chinese Foreign Ministry, said last week. Citing a Brookings Institution report, Hua said a trade war between the US and China would result in more than 2.1 million jobs being lost in 2,700 US states. In light of these developments, which threaten the fate of globalization, Executive Director of the International Monetary Fund (IMF) Christine Lagarde has called on the US and China to resolve tensions in trade through rule-based multilateral institutions.

PLEASE READ: India charges violent terrorism at the SCO meeting in China

3) EAM Swaraj tells SCI that terrorism is an enemy of basic human rights : [19659021] Foreign Minister Sushma Swaraj said today that terrorism is an enemy of fundamental human rights and that the fight against it should identify states that promote, support and finance the threat and provide refuge to terrorist groups. Swaraj raised the issue of global terrorism and protectionism during her speech to the Shanghai Ministers' Foreign Affairs Council (SCO) in Beijing. There are a number of challenges facing the world today, most notably the threat posed by global terrorism and the impending need to create a strong security architecture to combat terrorism, the minister said. "Terrorism is an enemy of basic human rights: of life, peace and prosperity," said Swaraj. "Protectionism in all its forms should be rejected, and efforts should be made to discipline measures that constitute trade barriers." India is determined to work with the SCO to strengthen our economic and investment relations Globalization should be more open and inclusive. " , fair and balanced for mutual benefit.

4) In the run-up to the Modi-Xi Summit, Swaraj, Sitharaman visit the SCO Defense Ministers' meeting in Beijing: Defense Minister Nirmala Sitharaman and Foreign Minister Sushma Swaraj attended Tuesday Meeting of Defense and Foreign Ministers of the Shanghai Cooperation Organization (SCO) in Beijing The two meetings are held at approximately the same time Sitharaman Arrives in China on Monday Night

The two meetings were held as part of the preparation of the SCO Summit in Beijing June in the Chinese city of Qingdao, with Prime Minister Narendra Modi likely to attend this meeting, the SCO's first ministerial-level meeting after the Aufna hme from India and Pakistan as members in the past year. A number of issues, including regional security and terrorism, were to be discussed at the meetings and to prepare the agenda for the SCO summit.


5) With Modi, Xi hired to discuss CPEC, Pakistan denies Reports of Debt Trap: Following the Modi Xi summit, there were reports that Beijing's massive CEPC project, which violated its sovereignty and territorial integrity, would also be discussed by the two leaders, with Pakistani Prime Minister Shahid Khaqan Abbasi dismissing reports that CPEC could be a debt trap for his country . Abbasi described the $ 50 billion project as a new form of cooperation between China and Pakistan.

Read the earlier developments at the Modi-Xi Summit: Modi-Xi Jinping Summit: An Honest Attempt to Improve Sino-Indian Relations; 10 points

At a seminar on the Sino-Pakistan economic corridor, Abbasi said the project was a reality despite reservations from various quarters. He said Pakistan saw the CPEC as a partnership between the two governments. Rebassi reports that CPEC could be a debt trap for Pakistan, Abbasi said people need to read history. "Three years ago, CPEC was still unknown, but today it is a reality recognized by many countries, and China President Xi's BRI initiative is a project for generations," he said, adding, "We recently discussed security and connectivity with Afghanistan also recognizes the CPEC as an opportunity. "

READ ALSO: CPEC: Enterprise, Security Headache for China, Pak

International financial institutions may not agree with Abbase's views. Last year, the International Monetary Fund (IMF) warned that the Corridor project will generate $ 4.5 billion in drains by 2024, while the export benefits of the project will gradually increase over time. It was said that filling in the gap could be a political challenge.

Earlier this month, a report by the Asian Development Bank (ADB) announced that Pakistan's current account deficit (CAD) has risen to 4.5 [19659007] per cents mainly due to the implementation of projects in the China-Pakistan Economic Corridor

New Delhi in turn has not changed its position to BRI and CPEC . Earlier this month, the State Department said the Chinese Belt and Road Initiative had violated the sovereignty and territorial integrity of the country. In response to a question on media coverage of possible cooperation with China on the BRI, MEA spokesman Raveesh Kumar said: "We have seen some media coverage of our potential cooperation with China in 'One Belt One Road' (OBOR) / 'Belt' and Road Initiative "(BRI). Our position on OBOR / BRI is clear and there is no change. The so-called "China-Pakistan Economic Corridor" (CPEC) violates the sovereignty and territorial integrity of India. No country can accept a project that ignores its core concerns of sovereignty and territorial integrity. "

6) China tries to dispel India's concern about militarizations of Hambantota: Search for concerns of India, in particular with After just days away modes-Xi Wuhan Instead, the facility was said to be part of Beijing's "pragmatic cooperation" with Colombo for economic development, and Chinese Ambassador to Sri Lanka, Cheng Xueyuan, recently met with Prime Minister Ranil Wickremesinghe, during which time he affirmed The Chinese Embassy in Colombo said that China maintains and supports economic globalization and attaches great importance to its relations with Sri Lanka. "Following the recent unfounded suspicion of so-called Chinese militarization in the Hambantota port, the ambassador pointed out that there is no military intention for China, a friendly and pragmatic cooperation with Sri Lanka, "it said in the press release.

The comments seem to dispel concerns raised by India about Chinese plans in neighboring Sri Lanka and the Indian Ocean region.

BOTH: China denies "hidden" military bases on CPEC

7) Dalai Lama Welcomes Modi-Xi Summit: The Dalai Lama has welcomed the Modi-Xi Summit and said that India and China together can make great contributions in various fields. "I think very well … neither India nor China … (has) the ability to destroy (each other)," the Dalai Lama told reporters on the sidelines of an event in New Delhi when asked about the visit. He said that the two countries should live as friendly neighbors. "We have to live side by side, then live much better lives." When combined, India and China, can contribute in many areas besides business, "said the Tibetan spiritual leader.

Also read: PM Modi-Jinping informal summit "very bold move": Jaishankar

8) Nirav Modi's surrender may take place during the Modi-Xi summit: India might be Punjab National Bank Fraud Accused Defendants Nirav Modi Extradition During the Modi-Xi Summit Times of India reported on Tuesday under citation. Suspected diamond dealer Nirav Modi is suspected of hiding in Hong Kong

However, the Hong Kong Ministry of Justice (DoJ) on Monday refused to share information about Nirav Modi. In response to the news agency's question about Nirav Ward's whereabouts, a spokesperson for the DoJ neither denies nor accepts that the jewelry designer is in Hong Kong. "The Department of Justice does not comment on isolated cases," he said. Earlier this month, the Foreign Ministry asked Hong Kong to give up Nirav Modi. Meanwhile, on Saturday, PNB relocated the Hong Kong Supreme Court against Nirav Modi.

9) Swaraj Pitches to bridge the language gap: Foreign Minister Sushma Swaraj on Monday urged Indians and Chinese to learn both the other languages ​​ as it will help them overcome communication barriers that could further strengthen relations between the two neighbors. Swaraj, who attends a four-day visit to China, spoke during a program organized by the Indian Embassy titled "Hindi Contribution to India-China Friendship." "When two friends sit together, what do they want? They want to express their hearts, share what they feel, and we need a language for that, I should be able to understand Chinese when you speak, and you should." to be able to understand Hindi when I am talking, "Swaraj said," If an interpreter sits between two friends, he may be able to translate the words, but not the feelings with which I say something. That's why it's important that we learn and understand a language, "she said, the day after it was announced that Prime Minister Narendra Modi and Chinese President Xi Jinping will hold an informal summit in Wuhan, central China, on April 27-28

10) Modes Following Rajeev Gandhi's Trails? Modi's visit from April 27-28 can be compared to the visit of then Prime Minister Rajeev Gandhi of 1988, then China's leader Deng Xiaoping met and resumed bilateral relations after the 1962 war.


With agency input


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