PM Modi meets Chinese President Xi Jinping in Fortaleza

The 80-minute meeting was the Prime Minister’s first summit-level interaction with China.

"The two leaders observed that India and China had enormous opportunities to not only forge mutually beneficial partnerships, but also serve as catalytic agents of Asian and global prosperity," the Prime Minister's Office said in a statement on Tuesday.

President Xi Jinping underscored the importance of the bilateral relationship and said: When India and China meet, the whole world watches.

The two leaders were pleased with the opportunity to meet within a few weeks of the assumption of office by the Prime Minister.

They expressed satisfaction at the high momentum of bilateral engagement during the past few weeks, including the visit of Vice-President of India Shri Hamid Ansari to China and the visit of Chinese Foreign Minister Wang Yi to India as President Jinping’s Special Envoy, in June.

Both sides emphasized on the need to find a solution to the Boundary Question.

The Prime Minister stressed the importance of strengthening mutual trust and confidence, and maintaining peace and tranquility on the border.

He said that if India and China could amicably resolve the Boundary Question, it would set an example for the entire world, on peaceful conflict resolution.

Modi suggested the addition of one more route for the Kailash-Mansarovar Yatra, keeping in view the terrain difficulties.

"President Xi Jinping accepted this as a suggestion for consideration," read the statement.

The Prime Minister called for enhanced Chinese investment in the infrastructure sector in India, and hoped that the trade imbalance between the two countries is resolved.

Xi Jinping agreed that balance in trade is necessary for a sustainable economic relationship.

He also said enhanced services exports from India to China could be one way to address the issue.

China has invited India to attend an APEC meeting in November this year.

Xi Jinping also said India should deepen its engagement with the Shanghai Cooperation Organization (SCO).

Modi said India currently has observer status in the SCO, and was ready to accept additional responsibility, if asked to.

Modi warmly recalled his visits to China as the Chief Minister of Gujarat.

He underlined that relations between countries are built on the strength of relations between their people.

He expressed hope for increase in tourism and ties between the people of the two ancient civilizations.

Prime Minister expressed hope that Xi Jinping’s planned visit to India this year was an opportunity to chart a new and ambitious agenda for the strategic partnership between India and China.

He expressed appreciation for the invitation extended to him to visit China and looked forward to an early visit.