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Significance
Two days earlier, India’s Ministry of External Affairs (MEA) announced a seemingly key development regarding the India-China border stand-off in the western Himalayas that began in 2020: an agreement on “patrolling arrangements along the Line of Actual Control”.
Impacts
Joint ventures with the Indian side holding a majority stake will increase in Indian sectors Delhi deems non-sensitive.
Indian imports of Chinese components will rise.
The two countries will try to intensify efforts to settle wider border issues.
Keywords:
India,
China,
AP,
Bangladesh,
Pakistan,
Russia,
United States,
INDIA/CHINA,
economy,
industry,
international relations,
border conflict,
defence,
foreign investment,
foreign policy,
foreign trade,
government,
immigration,
investment,
military,
policy,
regional,
security,
summit,
talks,
electronics,
energy,
media,
renewable energy
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2024
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