Fostering Common Bonds
India’s new youthful politicians met Chinese officials to foster common bonds between the two countries on Monday. Trying to bring about a much needed change in India’s political image in the eyes of the world, the politicians were led by Sachin Pilot, a member of the Lok Sabha (House of the People) of the Indian National Congress. Pilot is heading a delegation of young Indian members of parliament at the invitation of the International Department of the Communist Party of China Central Committee. The delegation met with Hua Jianmin, a senior Chinese legislator in a bid to share broad common interests between China and India, two of the largest developing nations.
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Dissolving Investment Barriers
The third ministerial meeting of the South Asian Association for Regional Cooperation Free Trade Agreement (SAFTA) hosted by India commenced on March 3, 2008 in New Delhi. Although SAARC – The South Asian Association for Regional Co-operation, comprising India, Nepal, Bhutan, Bangladesh, Sri Lanka, Maldives, Afghanistan and Pakistan, hasn’t had the desired impact that NAFTA (North Atlantic Free Trade Agreement) has made, changes are clearly in the pipeline.
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