Aiyar could give a whole new meaning to synergy in Beijing

Hoping to transform one of Asia’s most deadly rivalries into one of the region’s most significant partnerships, petroleum minister Mani Shankar Aiyar will arrive in Beijing on Wednesday for a four-day visit. Besides signing a number of memoranda of understanding between energy majors, the two sides are expected to set up an institutional mechanism to monitor cooperation.

In a tight energy supply market, bidding wars between Indian and Chinese firms have been pushing up prices. Over the last year, Mr Aiyar has repeatedly called for greater cooperation across the Himalayas in pooling resources and joint bidding for assets.

The Financial Express