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China agrees to increase imports from India : Suresh Prabhu

China agrees to increase imports from India : Suresh Prabhu

The Commerce Minister Shri Suresh Prabhu recently said that China has agreed to increase its imports from the India. "Global disruptions offer a chance to increase Indian exports," Prabhu said at an event organised by the Confederation of Indian Industries (CII).

Prabhu said Chinese authorities will hold a meeting in November specifically with Indian exporters to address their concerns relating to market access and trade regulations.

India's trade deficit with China is its widest with any Country, with large amounts of electronics and other items flowing across the border with its northern neighbour. The Indian Government recently said that it is set to boost exports of rice and rapeseed to China to try to narrow this gap.

Source :- Dailyshippingtimes.com

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