India seeks more balanced trade amid momentum in China ties, says commerce secretary Rajesh Agrawal
India and China have also emphasised the need to address each other’s concerns, including “structural trade imbalance and supply chain issues."
Agriculture, marine products, pharmaceuticals, textiles, engineering goods and services – these are sectors where India boasts notable strengths, as commerce secretary Rajesh Agrawal outlined on Wednesday. Speaking at an event hosted by the Chinese embassy to celebrate the country's national day, Agrawal underscored the importance of addressing India's concerns, specifically the structural trade imbalance and supply chain issues, and attaining predictable market access for Indian goods and services.
The presence of the Indian foreign secretary Vikram Misri at a reception organized by Saudi Arabia for its national day the same day added to the significance of the event. This comes in the wake of a historic visit by Chinese President Xi Jinping to India, following a seven-year hiatus. The trip took place after India and China agreed to end a military standoff in Ladakh, a conflict that had strained relations to a six-decade low.
Both leaders, during their bilateral meeting, emphasized the need for sustained progress in bilateral ties and the avoidance of differences escalating into disputes.
Written by urgent.news from Hindustan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
