AHMEDABAD, January 18: Tibetan spiritual leader and Nobel laureate Dalai Lama on Friday said he was 'looking forward to complete retirement' from political and administrative matters.

"I am already semi-retired," Dalai Lama said during his lecture on "Ethics and Business" at the Indian Institute of Management-Ahmedabad (IIM-A).

"Since 2001 we already have an elected political leadership and since then my position is semi-retired," he said, adding, "I am looking forward to complete retirement from all political and administrative matters."

However, Dalai Lama said he will continue to fight for the "Tibetan cause till his death".

"This is Tibetan flesh," he said pointing to himself. "So it is my moral responsibility to serve to Tibetan people, culture and environment.

"I'll carry on to fight for the Tibetan cause till my death."

Asked about Prime Minister Manmohan Singh's recent visit to China and the increasing closeness in the relationship between two sides having its effect on the Tibetan cause, he said, "India and China are the two most populous nations so good relations are necessary for peace in this continent."

"Both the countries have nuclear weapons and over two billion people, so friendship on the basis of trust is very essential," he said.

"We should have minimal autonomy to safeguard and preserve Tibet's unique culture, heritage and environment," he said.