By IRNA-Kyodo
Beijing : China and India, the world’s two largest developing nations, agreed to substantially increase bilateral trade ties Monday, according to officials of both sides. The two countries pledged to increase total trade to $60 billion by 2010, compared with $40 billion previously agreed.
After talks between the two countries’ premiers in Beijing, they also agreed to hold a second military exercise in increase trust between the two nations’ militaries.
India and China fought a border war in 1962, but there appeared to be no breakthrough in this long-running issue during the talks between Chinese Premier Wen Jiabao and Indian Prime Minister Manmohan Singh.
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