CURRENT AFFAIRS

Detailed explanation-1: -“In 1954, India and China enunciated the Panchsheel, the Five Principles of Peaceful Coexistence.

Detailed explanation-2: -The 1954 Sino-Indian Agreement, also called the Panchsheel Agreement, officially the Agreement on Trade and Intercourse Between Tibet Region of China and India, was signed by China and India in Peking on 29 April 1954.

Detailed explanation-3: -The Panchsheel agreement served as one of the most important relation build between India and China to further the economic and security cooperation.

Detailed explanation-4: -The Five Principles of ‘Panchsheel’ are listed as mutual respect for each other’s territorial integrity and sovereignty, mutual non-aggression, mutual non-interference in each other’s internal affairs, equality and mutual benefits, and lastly, peacefully co-existing.