Indian ambassador says trade with China will grow
07/09/2009
China and India can develop a very “ambitious” relationship if the two giant neighbours work together to deal with challenges and issues between them, India’s new ambassador to China has told China Daily.
In his first interview with Chinese media since taking office, S Jaishankar said trade between the two countries was booming, with the value of bilateral trade set to reach $60 billion next year, a 30-fold jump since 2000.
“This is a very open relationship, both in terms of what we can do and also in terms of the progress we can make,” the ambassador said. He recalled that the two countries had set a trade target of $40 billion for 2010 during a visit that China’s president, Hu Jintao, made to India in November 2006. “But we met the target much faster than we had expected,” he said.
Leather is one of the main products India exports to China at the moment, but the ambassador said India is keen to broaden the range of products it exports across the border.
Share this story:
