As part of the agreement, India renounced all the extraterritorial rights and privileges it enjoyed in Tibet, which it had inherited from the British colonial heritage. India has officially recognized Tibet as a region of China. The five agreed principles were: 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. “China has a habit of treating India as a nation that pays its (annual) subsidy by ceding its territory,” Lieutenant-General P.K. Kamath (retd) said on social media. By declaring that we do not want war, the former commander of the Army War College in Mhow in Madhya Pradesh, India accepted the Chinese intrusion into the Depsang (Plains) and allowed them (PLA) to consolidate their positions. Gen Kamath eloquently added that even the concept of the LAC had not been mentioned in Jaishankar-Weng`s conciliatory joint declaration and that India now seems to have accepted the alternative nomenclature of “border areas”. Chinese President Xi Jinping said on Tuesday that the country was ready to cooperate with India to try to lead the Panchsheel agreement during a meeting with Prime Minister Narendra Modi on the sidelines of the Brics summit in Xiamen. Although the immediate Prime Minister Nehru tried to establish good relations between the two countries through the Panchsheel agreement, he failed and the 1962 war took place between the two countries.
In 1954, the current LAC was also nebulously defined as the usual and administrative management line between colonial India and Tibet, which had occupied Beijing four years earlier in 1950, making China India`s immediate neighbour. But in 1993, India agreed to formalize the LAC on the bilateral peace and calm maintenance agreement, which was later strengthened by a series of conflict-free management and maintenance pacts, a situation that has now become a foreign situation. India`s First Prime Minister, Jawaharlal Nehru, and The First Prime Minister of China, Zhou Enlai, met to define relations between the two countries, and on 29 April 1954, the five principles of peaceful coexistence or panchsheel were signed to ensure mutual territorial integrity and peaceful coexistence.