For the first time since 1954, leaders of India and China would have visited each others countries in the same year, the last time this happened was when Premier’s Zhou Enlai and Jawaharlal Nehru met. Then, was also the beginning of the formation of the cold war between the two neighbours, hopefully this time round these differences will melt into history.
As Indian Prime Minister Manmohan Singh sets in gear a host of deals ahead of his October 23rd meeting with Chinese Premier Li Keqiang, he will also make history by being the second Indian leader to visit China in a reciprocal visit across the himalayas. Premier Li Keqiang visited Delhi and Mumbai in May this year.
Plans for the leaders to announce big ticket deals are afoot with several high level delegations from Delhi already in Beijing. Over the past few days, dignitaries from the border security services, trade and finance, economy and policy have all been camped in Beijing ironing out last minute legalities before the leaders sign on the dotted line.
With bilateral trade and investment affecting the globe on a multilateral level, both China and India are consumed with re-balancing their basket of goods. In a strong bid to attract increased FDI into India, the premiers are expected to sign larger agreements between the two countries, boosting infrastructure and financing large deals within India.