ID :
121528
Wed, 05/12/2010 - 07:50
Auther :

Chinese media backs Ramesh's line on easing trade restrictions

K J M Varma

Beijing, May 11 (PTI) As India's Environment Minister
Jairam Ramesh faces flack back home for his support to
boosting trade with Beijing, the Chinese media has come out in
his favour pressing for removal of "needless restrictions" on
country's investment in India.

Terming Ramesh's approach as "prudent", the China
Daily in an editorial said India should view its trade ties
with China from the "broader perspective" and demanded that
obstacles in the way of bilateral trade should be rooted out.
While backing Indian Environment minister's
suggestions on trade and investment, the Chinese media
rejected his comments on diversion of Brahmaputra water.
The paper, whose comments are normally viewed as
official, said India should treat China more as a trust worthy
partner rather than a potential competitor.
"A higher degree of political trust is needed to build
a healthier economic and trade relationship," it said.
Ramesh's in remarks made to Indian media in Beijing
had hit out at India's Home Ministry for putting up 'needless'
restrictions on trade and investment from China and was
reprimanded by Prime Minister Manmohan Singh for these
comments.
Global Times, a sister concern of the ruling Communist
Party's official organ Peoples Daily, entirely focussed its
write up on Ramesh comments on Brahmaputra river waters head
lining its story "India questions Chinese projects over shared
river".
"China's and India's final resolution on territorial
sovereignty is the prerequisite for mutual cooperation on
trans-boundary waters," it quoted Ma Jiali, a researcher at
the China Institutes of Contemporary International Relations
as saying in reaction to Ramesh's remarks that it will be
difficult for India to accept any plans by China to divert
Brahmaputra river waters.
"Indian media exaggerate the fear of the Indian
government on the trans-boundary waters issue to a large
extent. Presently, the Chinese government has no
water-diversion plan for the Yarlung Zangbo River (the Chinese
name for Brahmaputra)," he said.
"Although some water dams are operating on the
tributary of the river, they do not impact the downstream
Brahmaputra River in India," Ma said, stressing that the
construction of Chinese hydro-electric projects adhered to the
principles of fully considering the legal rights of countries
downstream.
Ramesh also mentioned that the real concern for India
was the absence of any water-sharing agreement to regulate any
future use of trans-boundary waters and India should
accelerate its own hydro power project.


"The minister did not clarify whether India will
actually allow Chinese construction companies to operate in
the southern Tibet Autonomous Region of China, known by India
as Arunachal Pradesh," the newspaper said.
In its editorial on the reported restrictions in India
on Chinese equipment, the China Daily said "China and India
should handle ongoing trade frictions delicately. That will
add sincerity to the mutual promise of honouring commitments
on taking the relationship to a new level this year, the 60th
anniversary of the establishment of diplomatic relations
between the Asian powers".
It said Trade ties hit a "rough patch" after India
reportedly suspended approval for the import of Chinese
telecom equipment "due to so-called security risks".
"In fact, skirmishes over trade have arisen from time
to time in recent years, with most such disputes being
instigated by the Indian side. The latest import restriction
violates World Trade Organization norms. Worse, it could chill
Sino-Indian friendship, which has been warming of late due to
positive efforts by leaders on both sides," the newspaper
said.
It said China and India share a common interest in
increasing the national economic growth, and their economies
increasingly complement each other.
"A stable trade relationship is a win-win deal for
both nations, and one that also benefits the global economy,"
it said.
"The overall trade outlook is still rosy, with the
first two months of this year recording a jump in bilateral
trade by 55 per cent from the same period last year. Notably,
of the total USD 8.98 billion, Indian exports touched USD 3.49
billion, a 75 per cent increase from 2009," it said. PTI KJV
MRD

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