According to the Commerce and Industry Minister, Mr Suresh Prabhu, China has agreed to boost its imports from India. “Global disruptions offer a chance to increase Indian exports,” Mr Prabhu said at an event organised by the Confederation of Indian Industry (CII).
He informed that Chinese authorities will hold a meeting this month specifically with Indian exporters to address their concerns regarding 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 from its northern neighbour. The government has confirmed that it is set to boost exports of rice and rapeseed to China to try to narrow this gap, reports said.
