India, China looking to cement energy ties: Jaishankar

The ambassador hopes the two large nations cooperate to their mutual benefit

K J M Varma/PTI | April 14, 2011



India would like to step up cooperation with China in energy sector, specially in the field of green technologies to boost trade ties, which in turn could help to build mutual trust to overcome differences, Indian ambassador S Jaishankar said.

New and renewable energy sources are expected to be one area where the two can cooperate to their mutual benefit, he told official China Daily on the eve of the BRICS summit being held in China today.

"We hope to discuss it at our first Strategic Economic Dialogue, slated for this year," he said.

Strategic Economic Dialogue to coordinate macro-economic policies was made during Chinese Premier Wen Jiabao visit to India in December of last year.

India's 12th Five Year Plan (2012-2016) calls for generating more power through renewable sources such as wind and solar power, he said, adding that China's 12th Five Year Plan (2011-2015), also focuses on a greener approach to economic growth.

On the perception that China and India have found themselves at odds with each other over a range of issues in the past, Jaishankar said it is not necessary to be "overly fixated on competition".

"I recommend that the two look at the results of their cooperation to get a more balanced picture. The last 10 years have been particularly impressive," he said.

He also noted that Beijing and New Delhi can increase that cooperation "even more", while admitting that thinking big and working on a win-win solution does remain a challenge.

The ambassador pointed out that China is India's largest trade partner even though the trade has gone heavily in China's favour and the deficit rose from USD one billion in 2001 to USD 16 billion in 2007.

He noted that the group is still evolving, and especially in light of the upcoming BRICS summit in the Chinese resort city of Sanya, each summit has seen it grow further.

"These are large, influential nations meeting in a dynamic world, and the deliberations will certainly have their consequences," he said.

"This is a forward looking group whose very coming together symbolises change in the global arrangement. BRICS has a tradition of independent decision-making, and this is a shift towards a more multi-polar, democratic world order," he said.
 

Comments

 

Other News

Manch vs Musk: Forty people and a foreign billionaire

About forty people walked the roundabout on Teen Murti Marg to the gate of Chanakyapuri police station, a distance you could cover in under a minute, on Friday to protest against Elon Musk’s Starlink. The walk was called by the Swadeshi Jagaran Manch. Nobody joined them on the way, and nobody seeme

Master sculptor recalls the making of the Shankaracharya statue

The Golden Chisel: The Story Behind the Making of Ram Lalla  By Seethalakshmi S. and Rahul Nandan Rupa Publications, 168 pages, Rs 395  

Mumbai’s missing affordable homes

Mumbai’s real estate market keeps growing, yet homeownership remains out of reach for much of its population. Three experts – urban researcher Hussain Indorewala, urban planner Vidyadhar Phatak and developer Kamlesh Thakur of NAREDCO Maharashtra, agree that simply constructing more apartments

Rubio denies US foreknowledge of Starlink restrictions in Ukraine

US secretary of state Marco Rubio has said he was unfamiliar with the Wall Street Journal report suggesting Elon Musk had decided to throttle Starlink services in Ukraine, but rejected claims that Washington had ordered the restrictions to pressure Kyiv.   “There was no

Can AI change India’s breast cancer story?

Breast cancer has become a public-health challenge in India. The greatest opportunity is to find cancers earlier. Artificial intelligence (AI) is opening a new era in breast cancer detection. AI systems can analyse mammograms and other breast-imaging studies, identify subtle abnormalities and assist radi

Farm stability in the time of climate change

Indian agriculture is experiencing significant climate volatility, while the world economy seems to be in a highly volatile situation. Economic indices from various countries show that they need to recalibrate their strategies to withstand economic headwinds. In such a challenging situation, a country li

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter