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Thursday, December 26, 2024 | 03:32 PM ISTEN Hindi

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India, China to resolve agri, pharma trade issues in shadow of trade war

The two countries are world's largest emerging economies, with 35% of world population and around 20% of world GDP

trade deficit
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Jyoti MukulSubhayan Chakraborty
India-China trade talks, which ended on Tuesday, saw the two countries signing joint minutes, beating the earlier record of 2014 when it took almost a month to agree on a statement.

The Indian side was able to persuade China to give a commitment on accelerating market access for Indian non-basmati rice, rape-seed meal, soya-meal, pomegranate and pomegranate aril, okra, banana and bovine meat.

China has also agreed to resolve issues about Indian pharmaceutical exports. Over 240 pharmaceutical applications of Indian exporters are pending with China.

The two sides have agreed to promote bilateral trade in pharmaceuticals. India's exports in the

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