SOURCE: REUTERS
India and China have reached a deal on patrolling the Himalayan frontier, aiming to resolve a four-year military stand-off, Indian Foreign Secretary Vikram Misri said on Monday.
The two nuclear-armed neighbours have had tense relations since their troops clashed in 2020. Here are some areas affected by India’s strained ties with China since then:
NO DIRECT FLIGHTS
The two countries have not had any direct flights for four years. China has been pressing India to restart direct passenger flights and India’s aviation minister said last month the two countries discussed an early resumption of scheduled passenger flights.
VISA RULES FOR CHINESE TECHNICIANS
India increased scrutiny for visa applications from Chinese citizens in the wake of the border clashes. This hurt some of India’s key manufacturing firms as stricter visa rules meant specialised engineers from China could not enter the country, leading to production losses.
After industry complaints, India recently decided to speed up processing of visas for Chinese technicians.
NEW INVESTMENT VETTING RULES
In 2020, India stepped up scrutiny of investments from companies based in neighbouring countries by adding an extra layer of vetting and security clearances, in what was widely seen as a move to stave off takeovers and investments by Chinese firms.
In 2020, India stepped up scrutiny of investments from companies based in neighbouring countries by adding an extra layer of vetting and security clearances, in what was widely seen as a move to stave off takeovers and investments by Chinese firms.
Indian authorities last year accused Chinese smartphone company Vivo Communication Technology of breaching some visa rules and alleged it siphoned $13 billion in funds.
India has frozen more than $600 million in Xiaomi assets for alleged illegal remittances to foreign entities, accusing the company of passing them off as royalty payments.
Both Chinese companies deny any wrongdoing.