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India and China blamed each other for the fatal confrontation, claiming the other had violated the June 6 agreement.

China’s Foreign Minister Wang Yi held a phone call with his counterpart in India, External Affairs Minister Subrahmanyam Jaishankar, to try and mitigate the situation. 

Both sides agreed to deal fairly with the serious situation and cool tensions on the ground as soon as possible, and maintain peace in the border areas, according to CNBC’s translation of an online statement from the Chinese foreign ministry. 

Wang added that China’s will to safeguard its sovereign territory is firm. He expressed his country’s strong disapproval of India’s actions, requesting a thorough investigation and control of troops to ensure such incidents don’t occur again, the statement said. 

On that call, Jaishankar “conveyed the protest of the Government of India in the strongest terms on the violent face-off in Galwan Valley on 15 June 2020,” according to a statement from India’s foreign ministry.

India said China “sought to erect a structure in Galwan valley on our side of the (Line of Actual Control),” referring to the de facto border. It said when a dispute arose, “the Chinese side took pre-meditated and planned action that was directly responsible for the resulting violence and casualties.” 

Still, India said it was agreed that neither side would take any action to escalate matters and would ensure peace per bilateral agreements and protocol. 

University of Sydney’s Yuan added that it is unlikely that a third party, like the United States, would be called in to mediate as both India and China have the mechanisms in place to de-escalate the situation on their own and assess what went wrong. 

— CNBC’s Evelyn Cheng contributed to this report.