China ready to end India border row, says Foreign Minister Wang Yi

China was ready for a final settlement of its border disputes with India and prepared to invest more in the South Asian nation if trade rules were eased, Foreign Minister Wang Yi said in New Delhi.

"Through years of negotiation, we have come to an agreement on the basics of a boundary agreement, and we are prepared to reach a final settlement," he said near the end of a two-day visit that included a meeting with Prime Minister Narendra Modi.

Wang did not elaborate.

He arrived in India as an envoy of President Xi Jinping , who has accepted Modi's invitation to visit later this year.

Modi, elected prime minister last month, had accepted an invitation from Premier Li Keqiang for an early visit to Beijing, his office said.

India and China are seeking to prevent territorial disagreements from affecting economic ties.