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The 1954 Sino-Indian Agreement, also called the Panchsheel Agreement, [1] officially the Agreement on Trade and Intercourse Between Tibet Region and India, was signed by China and India in Peking on 29 April 1954.
The Panchsheel agreement served as one of the most important relation build between India and China to further the economic and security cooperation. An underlying assumption of the Five Principles was that newly independent states after decolonization would be able to develop a new and more principled approach to international relations.
Pañcasīla, derived from Pali or Sanskrit pañca (five) and sīla (principles), spelt Panchsheel in modern Indian languages, may refer to: Five precepts , the basic form of Buddhist precepts Five Principles of Peaceful Coexistence , enunciated by the People's Republic of China with Indian agreement
Nehru developed from Buddhist thought the Panchsheel (also known as the Five Principles of Peaceful Coexistence), which would be included in future agreements. Nehru based India's foreign policy on these five principles, as articulated in 1954: [19] coexistence
The 1962 Indian parliamentary resolution on China is the resolution passed by the Parliament of India on 14 November 1962. The unanimous resolution adopted during Sino-Indian War pledged to get back the territory occupied by Chinese to the last inch. [1]
1995 – Dayton Agreement – ended the Bosnian War and determines the future of Bosnia and Herzegovina; negotiated and signed in U.S. 1995 – General Agreement on Trade in Services (GATS) – extended multilateral trade to the service sector
Nehru used the phrase in a 1954 speech in Colombo, Sri Lanka. In this speech, Zhou Enlai and Nehru described the Five Principles of Peaceful Coexistence to be used as a guide for Sino-Indian relations called Panchsheel (five restraints); these principles would later serve as the basis of the Non-Aligned Movement. The five principles were:
The two countries signed six agreements including one to establish a Joint Commission to promote bilateral relations and another on cooperation in the hydrocarbon sector. Foreign Minister Nicolás Maduro visited India to attend the First Meeting of the India-CELAC Troika Foreign Ministers meeting in New Delhi on 7 August 2012.