India, China agree to form "strategic partnership" after talks in New Delhi

Indian and Chinese leaders Monday agreed to create a "strategic partnership for peace and prosperity" between the two Asian giants, sealing their agreement with a set of accords aimed at ending a long-standing border dispute and boosting bilateral trade and economic cooperation.

The statement announcing the partnership, signed by Chinese Premier Wen Jiabao and his Indian counterpart, Manmohan Singh, gave few details, but said the agreement would promote diplomatic relations, economic ties and contribute to the two nations "jointly addressing global challenges and threats."

Associated Press