The 'Panchsheel Agreement' for peaceful coexistence was signed between

The correct answer is India and China.

Key Points

• Panchsheel Treaty
  • The Panchsheel Agreement, otherwise known as the Five Principles of Coexistence, are a set of principles to govern relations between states.
  • They were first codified during an agreement between Indian and China in 1954. Hence, option 3 is correct.
  • The 5 principles were emphasized by Prime Minister Jawaharlal Nehru and Premier Zhou Enlai in a broadcast speech made at the time of the Asian Prime Ministers Conference in Colombo, Sri Lanka after signing the Sino-Indian Agreement in Beijing.
  • The Five Principles of the Panchsheel Agreement are as follows:
    • Mutual respect for each other's territorial integrity and sovereignty
    • Mutual non-aggression
    • Mutual non-interference in each other’s internal affairs,
    • Equality and mutual benefit
    • Peaceful co-existence
  • The five principles were subsequently modified in a form of a statement of ten principles issued in April 1955 at the historic Asian-African Conference in Bandung, Indonesia.
  • The conference itself would lead to the foundation of the Non-Aligned Movement which gave shape to the idea that the post-colonial nations had something to offer to the bipolar world of the Cold War.