The fourth principle of equality is mentioned in the preamble to the Charter. But the fact that the notion of mutual benefit has been added to the concept of the same implies a new dimension: economic as well. This means identical benefits for both parties to an agreement. Indira Ghandi said in 1976 at a meeting of the Non-Aligned Movement in Algiers. The five principles of peaceful coexistence, known as the Panchsheel Treaty: non-interference in other internal affairs and respect for the territorial integrity of the unity and sovereignty of the other (from Sanskrit, Panch: five, just: virtues) are a set of principles to govern relations between states. Their first formal codification in the form of a contract was concluded in 1954 in an agreement between China and India. They were formulated in the preamble to the agreement (exchange of notes) on trade and sexual relations between the Tibet region, China and India, signed in Beijing on 28 April 1954.  . Their first formal treaty codification took place in 1954 in an agreement between China and India – the trade and transport agreement (exchange of notes) between the Tibet region, China and India, signed in Beijing on April 29, 1954.   Panchsheel was subsequently adopted in a series of resolutions and declarations around the world. Now, in this article, tell us what the Panchsheel agreement between India and China was and why was it done? At the beginning of the Tibetan uprising in 1959, the Dalai Lama and his followers fled Tibet with the help of the CIA to protect their lives in India. The Indian government granted them asylum, and that is it from here that the Panchsheel agreement between India and China broke down. In this way, the Panchsheel agreement was a stimulating step in restoring India`s economic and political relations between India and China to Sanund, but China has exploited it badly and stabbed India in the back on several occasions.
The Panchsheel, or Five Principles of Peaceful Coexistence, was first officially signed on April 29, 1954 between India and the Tibet region of China. The agreement was signed between Jawaharlal Nehru, then Prime Minister, and the first Chinese Prime Minister, Chou En-Lai.