Why in News?
The Chief of Defence Staff (CDS) stated that India believed the Panchsheel Agreement (1954) had settled the northern border issue with China, whereas China viewed it primarily as a trade agreement without resolving boundary disputes.
Description:
About the Panchsheel Agreement (1954):
- Formal Name: Agreement on Trade and Intercourse Between the Tibet Region of China and India (1954).
- Signatories: India and the People’s Republic of China.
- Duration: Valid for 8 years (expired in 1962).
- India formally recognized Tibet as part of China under this agreement.
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