The Indian commerce ministry has scheduled a meeting of stakeholders, which include the agriculture ministry, export promotion councils and the Agricultural & Processed Food Products Export Development Authority, to discuss ways to raise exports to China. The trade deficit with China rose to $63.12 billion in 2017-18 from $51.11 billion in 2016-17.
The meeting is reportedly scheduled in the first week of April, according to a news agency report.The Indian commerce ministry has scheduled a meeting of stakeholders, which include the agriculture ministry, export promotion councils and the Agricultural & Processed Food Products Export Development Authority, to discuss ways to raise exports to China. The trade deficit with China rose to $63.12 billion in 2017-18 from $51.11 billion in 2016-17.#
The steps India is taking to promote shipments to China include exporting agricultural goods like non-basmati rice to China.
India is seeking greater market access for various agricultural products, animal feeds, oil seeds, milk and milk products, pharmaceuticals because of the potential of these products and services in the Chinese market. (DS)
ALCHEMPro News Desk – India
marketing@alchempro.com
