Narendara Modi News

China Lures India with Deep Sea Mining Cake

A week before Indian Prime Minister Narendara Modi is set to visit the country, China said it was ‘eager to cooperate’ with India on deep sea mining in the Indian Ocean, reports Press Trust of India. China's sweetheart deal is to break through India's resistance to its attempt to access the Indian Ocean. It is offering India an opportunity to participate in joint seabed mining in the ocean, where large deposits of gold and silver have reportedly been discovered. "With quickening oceanic development and increasing mineral exploration in the Indian Ocean, China is eager to cooperate with India on deep seabed mining," the China Daily quoted China Ocean Mineral Resource R&D Association as saying.