ID :
121154
Mon, 05/10/2010 - 07:50
Auther :
Shortlink :
https://www.oananews.org//node/121154
The shortlink copeid
RAMESH 2 LST
"Europe has not got used to the fact it completely got
bypassed in the last two days of the talks. Frankly Copenhagen
Accord was President Obama's accord with the BASIC group
facilitated by India and China," the Environment Minister
said.
Ramesh, who Saturday was openly critical of the Indian
Home Ministry accusing it of stalling the import by India of
the Chinese telecom equipment and raising "alarmist" security
concerns, defended the emerging rapprochement between the two
countries.
The area of cooperation of climate change has given both
India and China an opportunity to work together in a field
that has significance across the developmental spectrum.
"When we are talking of climate, we are talking of
energy, forestry, transportation and industry. Climate change
is an entry point in a whole set of areas," he said, adding
that it has led to cooperation in the fields like forestry.
Ramesh also argued that while India may not be critical
to China, India's massive expansion of infrastructure offered
a big scope for Beijing to invest and reap benefits.
India would have been 'no use' for China had its GDP
remained very low. But the fact that India too was developing
rapidly with 8.5 per cent growth rate offering billions of
dollars of worth of business for Chinese investment, which
already crossed USD 30 billion, made a difference, he said.
"We are offering a large market to Chinese companies ...
80 per cent of infrastructure by 2030 is waiting to be built.
20 per cent of power generating capacity to be built by 2012
will come from Chinese equipment. We are not yet critical for
them but they are critical to us," he said.
India's leadership in software is also proving
advantageous. The Chinese have not yet figured out why India
is continuing to lead in software, the minister said.
"They are ahead of us in hardware, we are far ahead of
China in software. If we are able to develop the leadership,
they will come to us and we will be important," he said,
adding that some of the provinces close to Indian borders are
also recognising the benefits of close relations.
"We are important to certain provinces like Yunnan in
southwest China. There the mindset is quite different as it is
contiguous with India. They are trying to build new markets
for their province," he said. PTI
bypassed in the last two days of the talks. Frankly Copenhagen
Accord was President Obama's accord with the BASIC group
facilitated by India and China," the Environment Minister
said.
Ramesh, who Saturday was openly critical of the Indian
Home Ministry accusing it of stalling the import by India of
the Chinese telecom equipment and raising "alarmist" security
concerns, defended the emerging rapprochement between the two
countries.
The area of cooperation of climate change has given both
India and China an opportunity to work together in a field
that has significance across the developmental spectrum.
"When we are talking of climate, we are talking of
energy, forestry, transportation and industry. Climate change
is an entry point in a whole set of areas," he said, adding
that it has led to cooperation in the fields like forestry.
Ramesh also argued that while India may not be critical
to China, India's massive expansion of infrastructure offered
a big scope for Beijing to invest and reap benefits.
India would have been 'no use' for China had its GDP
remained very low. But the fact that India too was developing
rapidly with 8.5 per cent growth rate offering billions of
dollars of worth of business for Chinese investment, which
already crossed USD 30 billion, made a difference, he said.
"We are offering a large market to Chinese companies ...
80 per cent of infrastructure by 2030 is waiting to be built.
20 per cent of power generating capacity to be built by 2012
will come from Chinese equipment. We are not yet critical for
them but they are critical to us," he said.
India's leadership in software is also proving
advantageous. The Chinese have not yet figured out why India
is continuing to lead in software, the minister said.
"They are ahead of us in hardware, we are far ahead of
China in software. If we are able to develop the leadership,
they will come to us and we will be important," he said,
adding that some of the provinces close to Indian borders are
also recognising the benefits of close relations.
"We are important to certain provinces like Yunnan in
southwest China. There the mindset is quite different as it is
contiguous with India. They are trying to build new markets
for their province," he said. PTI
