Debating India
Home page > Public directory > External Affairs > Cooperations > India for forward-looking economic ties with China: Surie

India for forward-looking economic ties with China: Surie

Wednesday 1 December 2004

Beijing, Dec. 1 (PTI): India today said it is keen to forge a "progressive and forward-looking" economic partnership with China to sustain the booming bilateral trade which is set to register a new record at $ 12 billion this year.

"India has adopted a progressive and forward-looking approach in constructing a mutually beneficial multi-faceted economic relationship with China," Indian Ambassador to China Nalin Surie said here.

"India and Indian business are looking for partners in China," he said while addressing the India-China Trade and Investment Seminar held as part of the second "Made In India Show" jointly organised by the Confederation of Indian Industry (CII) and the Indian Embassy here.

"The continuing expansion and intensification of India-China economic cooperation is essential for strengthening bilateral relations. The leadership of our two countries is committed to strengthening this aspect of relationship," Surie said, a day after Prime Minister Manmohan Singh met for the first time with his Chinese counterpart Wen Jiabao in Laos on the sidelines of the ASEAN meetings.

Surie noted that bilateral trade ties have witnessed a qualitative change in recent years and in 2003 the total trade between India and China amounted to a record $ 7.5 billion.

This year, according to Chinese customs statistics, bilateral trade has already surged to $ 10.8 billion during January-October period, realising ahead of time the targeted $ 10 billion worth of trade envisaged by the leadership of the two countries for the entire year.

SPIP | template | | Site Map | Follow-up of the site's activity RSS 2.0