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Today, that ancient trade route is renewed with the Belt and Road Initiative, which strengthens ties between China and Spain in new areas.

He made the remarks when meeting with Kim Jong Un, top leader of the Democratic People's Republic of Korea (DPRK) during his two-day visit to the country.

This was a milestone like former Indian Prime Minister Rajiv Gandhi's visit in 1988, Mohanty told Xinhua.

The meeting also calls to optimize customs clearance procedures and promote Authorized Economic Operator (AEO) mutual recognition with other countries to better facilitate imports. New approaches to importing trade were called for at the meeting, and cross-border e-commerce and border trade will be further developed. At the same time, a credit information system in foreign trade as well as enhanced intellectual property rights protection are needed so that foreign trade and foreign investment will complement one another.

The prime minister said that maintaining frequent high-level exchanges and strategic communications between India and China is conducive to enhancing mutual understanding and cooperation, which is in line with the common interests of development and prosperity of the two countries and the region. India is willing to work with China to this end, he said.