India, China deepen economic cooperation ~ USM Worldwide

India and china have decided to expand their economic and trade cooperation. At the second India-China Strategic Economic Dialogue, both countries signed 11 memorandums of understanding valued at over 5 billion dollars. This dialogue is being seen as one of the most successful efforts at building relations between the two economies.

As the world looks at India and China to better their economies, India and china have decided to cooperate and communicate more to increase investment in each others countries. The second India china economic dialogue saw Zhang ping, chairman of national development and Reform commission of china say that’s now it about action to increase cooperation between both the nations.

Zhang Ping, Chairman of National Development & Reform Commission, said, "In the last year, both sides have made progress and preparations for the second meeting. And during this meeting, both sides will not only discuss macro-economic policy, but they will also take business to the next level."

India and China are looking at energy, environment and railways as big sectors. India is also looking at using china’s expertise in bulding High speed rail corridors.

Montek Singh Ahluwalia, Vice Chairman of Planning Commisstion, said, "There are many areas in railways which we would be interested in. Certainly high speed rail is one possibility also modernisation of railway stations. The Chinese have done an outstanding job of upgrading and modernising their railway stations and that’s something as can collaborate on."

Currently India and China's bilateral trade stands at 74 billion dollars and the target is to take to 100 billion dollars by 2015 but the figures could be much better with both the countries planning to cooperate on macro economic policy level. Even though differences remain including the issue of Chinese telecom companies entering India, both the nations are looking at the positives for now.

UNDERSTANDING THE MEANING

Introduction

What should be the purpose of international cooperation in the field of adult learning? A major thrust of the conference was to shift the emphasis in international cooperation from assistance to one of partnership, participation, networking, and mutuality. The participants in the workshop stressed that these concepts, which are central to adult learning, need to be taken all the more seriously at a time of increasing economic globalisation and accelerating development in the field of information and communications. Like many other conferences, CONFINTEA V proposed the strengthening of international cooperation in adult learning. However, unlike previous conferences, it ensured that international cooperation did not mean simply cooperation between governments, nor the dominance of the North over the South. Care was taken to include NGOs in the process and to maintain a balance of regional interests through a series of preliminary regional meetings.

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