Click to play videoNew Delhi: It has been a busy day for Prime Minister Manmohan Singh in Bali. He held back-to-back meetings with US President Barack Obama and Chinese Premier Wen Jiabao on Friday, on the sidelines of the ASEAN Summit.
Manmohan Singh, in his 55-minute long meeting with his Chinese counterpart for 55 mins asserted India's right to explore oil in the South China Sea, which china claims as its exclusive domain.
When Jiabao met Manmohan Singh, they resolved to take ties to a new level.
Meanwhile, Singh also urged Obama that US companies should begin nuclear trade with India, while ruling out any major changes in liability law in the future.
Manmohan Singh and Barack Obama were meeting after a gap of almost a year. That and the recent hiccups on military and nuclear deals had set off talk of a drift in ties - it was an impression which the Prime Minister wanted to dispel when he said there were no irritants in the bilateral relationship.
"I'm very happy to report to you that today there are no irritants whatsoever in our working on a multiplicity of areas," Manmohan Singh said.
That sentiment got a boost with India moving the last mile on the nuclear pact. Supplier liability has been limited to 5 years and capped at Rs 1500 crores and the Prime Minister told Obama that law would be no hurdle to US companies wishing to invest in India's nuclear sector.
While India and China try to keep tensions down, the region's powers are playing for high stakes in multiple balancing acts.
With an eye on China, America plans to increase its military presence in Australia and India is developing military ties with Vietnam and Cambodia.
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