India-China agree to hold 2nd Strategic Economic Dialogue in India in 2012

This document records the agreed minutes of the 1st India-China Strategic Economic Dialogue held in Beijing on September 26, 2011, where both countries committed to enhancing pragmatic cooperation in economic sectors and strengthening communication on macro-economic policies.

Who it concerns: The agreement involves the governments of India and China, specifically led by the Planning Commission of India and the National Development and Reform Commission of China. It concerns businesses in both countries, as well as sectors including energy (renewable), infrastructure (railway), water conservation, and environmental protection.

What was agreed

• Commitment to deepen bilateral investment cooperation and improve the investment environment in both countries.
• Agreement to strengthen cooperation on energy efficiency, conservation, environmental protection, and renewable energy.
• Agreement to enhance infrastructure cooperation, particularly in the railway sector.
• Agreement to encourage bilateral cooperation on water conservation and clean water technologies.
• The 2nd India-China Strategic Economic Dialogue is scheduled to be held in India in 2012.
• A working group meeting will be held prior to the 2nd Dialogue to implement decisions from the 1st Dialogue.

Also in the document

• The dialogue was established based on the consensus reached in the India-China Joint Communiqué during Premier Wen Jiabao's visit to India in December 2010.
• Both sides agreed that the 2nd Dialogue will be convened in India in 2012.