Page 551 - SSB Interview: The Complete Guide, Second Edition

implemented properly. Instead of focusing on smaller pieces, both
should focus on the whole picture to resolve their differences with a

fresh point of view.

Economic treaties: To maintain economic stability in the South Asian

region, both the nations should endorse the Free Trade Agreement and
Friendship & Cooperation Treaty.

Competitive coexistence: India and China both should respect each

other’s demands and should participate in mutual initiatives like BRI,

SCO, etc.

Mutual Interest: Instead of fighting on terrestrial boundaries, they
should focus more on common interests like the fight against terrorism,

trading, fighting against religious and social problems.

Way Forward:

The two sides must make peace as it will certainly help both nations to rise at
a global level. Both of them should go to the root causes of the problems and

resolve them mutually. Indo-China relationship has never been built on trust,
so it is high time they should endorse policies that are based on shared trust.

Clear and continuous communication with 100% transparency is necessary to
maintain peace and a happy bilateral relationship as dreamt by PM Modi as
“Inch (India and China) towards Miles (Millennium of Exceptional

Synergy)”. Indo-China relationship is important not just for the countries, but
the people of the South Asian region too.

16. WORLD TRADE ORGANISATION (WTO)

Background

The WTO is one of the most important pillars of global financial order