| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Marketing & Retail » Supply Chain » Topic

India attemtps to address China trade imbalance with produce exports

Zoom in font  Zoom out font Published: 2012-12-19  Authour: Foodmate team  Views: 33
Core Tip: India has several times raised the issue of market access to China for agricultural products.
India has several times raised the issue of market access to China for agricultural products.

India-China bilateral trade stood at $75.5 billion, but the ballooning trade deficit in Beijing's favour, which rose to about $40 billion in 2011-12, has raised concerns among Indian authorities.

"India has consistently been raising the issue of market access and removal of the bottleneck of Indian agricultural products with the Chinese side," Minister of State for Commerce and Industry D Purandeswari said.

She said that China has allowed entry of nine types of fruit - mangoes and grapes included - and eight varieties of vegetable, but 14 other fruits and vegetables are pending.

The minster said the government was doping everything in its power to speed up market access and bridge the trade deficit.

She said that the global economic downturn had seen a decline on interest in India exports, including fresh produce, in many of the country;s traditional markets.

 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate