Ease curbs on Chinese cos in India: CPM

Written by Political Bureau | New Delhi, Jan 17 | Updated: Jan 18 2008, 04:27am hrs
Citing growing bilateral trade with China and a $60-billion target for 2010, the CPI(M) has called for easing of restrictions against Chinese companies operating in India on security grounds.

The CPI(M) has been hinting at double standards adopted by the government in the backdrop of denial of security clearance for a Chinese conglomerate seeking to build a port at Vizhinjam, Kerala. CPI(M) general secretary Prakash Karat himself had approached Prime Minister Manmohan Singh demanding a review of the decision.

That the bilateral trade has grown so rapidly despite many restrictions, given security considerations it itself shows the tremendous potential of economic co-operation between India and China. There is now bound to be a serious review of visa curbs and the black listing of certain Chinese companies even after they have qualified global tenders as it happened in the offshore seaport in Kerala, the CPI(M) said in an editorial in the partys mouthpiece, Peoples Democracy.

While accepting that there was no major breakthrough on the border dispute notwithstanding PMs visit to Beijing, the party said the visit, however, will strengthen the bilateral economic ties. It also hoped the visit will be positively contributed towards carrying forward the improvement of relations between the two Asian giants.

"What is important, however, is that while continuing the dialogue on the border dispute both the countries appear to have converged on the understanding that co-operation in other fields must proceed and be strengthened. It needs to be recollected that it took China more than seven decades to resolve its border dispute with the former USSR and today's Russia," the editorial said.