India to discuss widening trade gap with China

New Delhi, Dec 29 (PTI) India will take up the widening
trade deficit to over USD 20 billion with China when the
commerce ministers of the two countries meet in Beijing on
January 19.

Indian Commerce and Industry Minister Anand Sharma and
his Chinese counterpart Chen Dimng will attend the meeting of
the joint economic group (JEG) where the issue of the large
trade gap would be discussed.
"The increasing trade gap is a cause of concern," a
Commerce Ministry official said.
India's imports from China are over three times its
exports to that country, according to the 2008-09 data.
Indian Prime Minister Manmohan Singh had taken up the
issue with Chinese Premier Wen Jiabao at the last East Asian
Summit in Thailand in October.
In the JEG meeting, which is convening after three years,
India would also seek access for its fruits and vegetables in
the Chinese market, the official said.
China on its part is likely to seek market economy status
from India and may reiterate its concerns on India resorting
to large number of anti-dumping cases against the neighboring
country.
In 2008-09, India's exports to China was USD 9.27
billion, while imports was USD 31.33 billion. PTI NKD
ANU


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