Trade-related talks are underway in New Delhi between senior officials of India and China. The Chinese side is being headed by Li Guo, Vice Minister of the General Administration of Customs of China (GACC).

From the Indian side, officials from different departments including commerce, agriculture, animal husbandry and the Agricultural and Processed Food Products Export Development Authority (APEDA) are participating.

The meeting assumes significance as India is seeking greater access for its manufactured and agricultural products in the Chinese market to bridge the widening trade deficit.

Recently, India has identified and shared with China a list of 380 products, including horticulture, textiles, chemicals and pharmaceuticals, as their shipments hold huge export potential.

Increasing exports of these products will help India narrow the widening trade deficit with China, which stood at 50.12 billion US dollars from April 2018-February -2019.

Published On : 09-05-2019

Source : News On Air