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Business

India, China start discussions on trade concerns; more meetings expected

Business Standard ·
India, China start discussions on trade concerns; more meetings expected

India and China have started discussions to address bilateral trade concerns, including structural trade imbalances and supply chain issues, with the two sides expected to hold more meetings to take the engagement forward, according to Commerce Secretary Rajesh Agrawal.

Agrawal said on Tuesday that the recent meeting between Commerce and Industry Minister Piyush Goyal and his Chinese counterpart Wang Wentao was an initial discussion aimed at understanding each other's positions on various trade-related issues.

"I think there will be meetings subsequently also to take these discussions forward.

These discussions are happening after a long gap.

So, slowly, each side will need to come up with their issues and also their position on issues of the other side, so that we can take this forward," the secretary told reporters here.

He said that there have been improvements in the relations between the two countries over the last one year in terms of people-to-people movement, and direct ...

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