Indian biz participate in China's South Asia Expo
The Dollar Business Bureau A large delegation of businessmen and traders from India is participating in the yearly China's South Asia Expo which was inaugurated on Sunday in China’s southwest Kunming city. At the expo, the Federation of Indian Export Organisations (FIEO) and Indian Chamber of Commerce (ICC) set up special pavilions, which were inaugurated by Y K Sailas Thangal, the Indian Consulate General in Guangzhou. The expo which is into its fourth year attracts businessmen from China, and countries from South and South East Asia. The event provides a good platform to the traders to showcase and sell their products as well as strike business deals. Besides being an expo, the event is also a fair where handicrafts, ...
'India-China trade deficit needs to be addressed pro-actively'
The Dollar Business Bureau India can reduce its trade deficit with China by ensuring better market access for Indian IT and agricultural products, said V K Singh, Minister of State for External Affairs. Expressing concern over the widening trade gap between the two countries, Singh said the imbalanced trade was “not in the long-term interest of either country” and it needs to be addressed “pro-actively”. “Both governments are committed to taking imaginative measures and rigorous effort in tackling this issue,” Singh was reported to have said at the India-China Economic and Tourism Cooperation Forum held at the sidelines of the ongoing China-South Asia Expo in China’s Kunming city. He said that improving market access for Indian products like IT and services, pharmaceuticals, ...
