Chinese Foreign Minister expects more investments in India

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Kolkata, Sept 8 : Visiting Chinese Foreign Minister Yang Jeichi on Monday expressed a keenness for more Chinese investments in India.

Jeichi, who arrived here on Sunday on an official two-day visit to India, met West Bengal Chief Minister Buddhadeb Bhattacharjee this morning and held discussions on various issues.

Addressing the media after his interaction with Bhattacharjee, Jeichi said his country would be interested in making investments in various fields including infrastructure building and other areas.

"The Chief Minister has emphasized the fact that he would like to welcome more investment from China, and I have discussed the complimentarity of our two economies. I for a fact believe that there is great potential for expanding our cooperation in fields like electricity, telecommunication, infrastructure and building, and in general speaking theres a lot more that we can do together," said Jeichi.

Jeichi said both India and China should work together for the growth of their economies which would be beneficial not only for Asia but for the whole world.

"We have a strategic, cooperative partnership and the rise of China and India is very good omen not only for our two countries but also for Asia and for the whole world. India and China should stay united and we should look forward hand in hand, shoulder by shoulder for much more bright future," added Jeichi.

Jeichi is reaching New Delhi this afternoon to meet Prime Minister Dr.Manmohan Singh and to hold delegation level talks with the External Affairs Minister Pranab Mukherjee.

The Indian leadership is expected to convey its disappointment about Beijing's stand at NSG meet at Vienna for granting waiver to New Delhi's nuclear trade.

Reports from Vienna suggested that China, which initially refrained from saying much on the India-specific waiver from the (NSG), started playing an "active role" to try to block a consensus before the nuclear cartel decided to give India the waiver on Saturday.

Beijing's stand at Vienna came as a surprise to India especially after Chinese President Hu Jintao and Prime Minister Wen Jiabao had assured Manmohan Singh that their country would take a constructive stand on the issue.

Mukherjee is also hosting a special dinner and a cultural show in honour of Jeichi.

Jeichi 's visit to India follows a similar visit to Beijing undertaken by Mukherjee in June 2008. The four-day visit saw the world's most populous nations talking the language of partnership. The ministerial exchanges follow Indian Prime Minister Manmohan Singh's visit to China in January this year.

Trade ties, the border dispute, the situation in Tibet and other issues of bilateral, regional and global importance to the two countries are likely to figure in the discussions between the two foreign ministers.

ANI

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