The Five Principles of Panchsheel, as agreed upon in the Agreement between the Republic of India and the People's Republic of China on Trade and Intercourse between Tibet Region of China and India in 1954, are: 1. Mutual respect for each other's territorial integrity and sovereignty. 2. Mutual non- aggression. 3. Mutual non-interference in each other's internal affairs. 4. Equality and mutual benefit. 5. Peaceful co-existence.