The Panchsheel Agreement is part of mutual relations and trade between India and Tibet on the territory of China. 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. 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. 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. The Panchsheel agreement was one of the most important relations between India and China to strengthen economic and security cooperation. The underlying assumption of the Five Principles was that, after decolonization, newly independent states would be able to develop a new and more principled approach to international relations. [Citation required] Now, in this article, tell us what the Panchsheel agreement between India and China was and why was it done? The agreement provides that “do not interfere in the internal affairs of the other.” The second category of optimists opposes this utopian approach. They believe that the superpower could adopt “a la carte” multilateralism.
But until there is a counter-power, the United Nations will remain a mere expansion of the foreign policy of the single superpower. Thus, these optimists propose a coalition of developing countries with the two great powers of tomorrow, China and India. They believe that the five principles should form the new basis for drastic reform of the United Nations. The first two principles, territorial integrity and non-aggression, should be implemented by a strong United Nations military structure established in accordance with Chapter VII of the chapter. The Military Staff Committee, made up of the Chiefs of Staff of the permanent members of the Security Council, must become an active reality. It should be responsible for the strategic direction of all the armed forces made available to the Security Council. Member States must provide the Security Council with armed forces, assistance and facilities in accordance with special agreements. 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. In April 1954, India, which considered Tibet to be part of China, reached an agreement with China on the “Panchsheel” principle. The main points of the Panchsheel agreement were: China has often stressed its close connection with the Five Principles.
 It had proposed it as the five principles of peaceful coexistence at the beginning of the negotiations that, from December 1953 to April 1954 in Delhi, between the delegation of the Government of the People`s Republic of China and the Delegation of the Government of India on relations between the two countries with regard to the disputed areas Von Aksai Chin and what China calls the Southern Stretcher and India Arunachal Pradesh , took place. The aforementioned agreement of 29 April 1954 was to last eight years.  When it broke down, relations were already angry, the provisions of the extension of the agreement were not resumed and the Sino-Indian war broke out between the two sides.