The agreement, announced by India’s foreign secretary, marks a major thaw four years after bloody clashes between soldiers on the border tanked bilateral relations.

U.S. and Canadian warships sailed through the Taiwan Strait on Sunday, almost a week after China held massive war games around Taiwan, which Beijing claims as its own territory. The destroyer USS Higgins and the Canadian frigate HMCS Vancouver made a “routine” transit of the Taiwan Strait meant to uphold the principle of freedom of navigation for all countries,

The Chinese military criticized the US and Canada for “undermining peace and stability” by sending warships through the Taiwan Strait, just days after Beijing conducted major drills around the island.

China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.