Explain the principle of ‘Panchsheela’.

Panchsheela is the five principles established by Gautama Buddha for developing a friendly and peaceful relationship with all nations. It mainly emphasized the power of moral values. It is a policy of non-interference and focussing on equality and mutual benefit. Giving respect to territorial integrity is also one of the main concerns of the Panchsheela treaty established on 29^th April 1954 between India and China.