Current affairs:

INDIA AND CHINA: **India and China agreed to increase their defence and security dialogue and work to take steps to ensure that the two countries achieve a100 billion dollars trade target by 2015. **The decision was taken on the sidelines of the Rio 20 summit at Rio De Janeiro. **India also raised the border issue during the talks. India and China agreed that they would continu e political dialogue at the political level. **India and China also decided that the special representatives would work for preparing the joint record of their work so far, which was already announced in January 2012 and give directions for the future coordination between the two countries. **The special representatives of India and China would submit a report on the developments so far by January 2013. **India would setup interministerial group on its side while China would have an official team that would periodically exchange views on maritime issues relating to trade and security.