Daily Gist : 25th May
JOHN NASH IS NO MORE
India set to become water scarce by 2025: report
China sets up Silk Road gold fund
Russia’s new law draws U.S. ire
The China-India track on a possible new round of Confidence Building Measures (CBMs) is expected to see a contest between New Delhi’s insistence on the clarification of the Line of Actual Control (LAC) and Beijing’s focus on the elaboration of a “code of conduct” among border troops.
“It was formally documented in the Peace and Tranquility accord that was signed in 1993 in the backdrop of friction such as the one caused during the Wandung incident of 1986 in Arunachal Pradesh. Neither side wanted a repeat of such an eventuality,”
India’s reassertion on LAC clarification follows observations by Huang Xilian, a senior official in the Asia department of the Chinese foreign ministry.
In an interaction with a visiting Indian delegation on Wednesday, Mr. Huang had signalled China’s preference of deepening the code of conduct regime between the two countries over the LAC clarification process.
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