Indian and Chinese parliaments are set to sign the first-ever memorandum of understanding to open a new avenue for bilateral exchange.
The MoU is expected to be signed after Lok Sabha Speaker Somnath Chatterjee meets with his Chinese counterpart, Wu Bangguo, who is also ranked no 2 in the hierarchy of the ruling Communist Party of China in Beijing on Monday.
Chatterjee, heading a parliamentary delegation to China, arrived in Beijing on Monday for an official visit that will last till July 8.
The two sides are expected to have wide-ranging discussions on bilateral issues as well as other topics of common interest, sources said.
The visit is expected to boost parliamentary-level cooperation between India and China at a time when both sides are taking steps to enhance political, military, cultural and people-to-people contacts that are key to increased mutual trust between the two neighbours, analysts said.
Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group
