On a fence mending visit to put strained ties back on track, Chinese Premier Wen Jiabao’s upcoming trip to New Delhi would be a mix of diplomacy,culture and trade with $20-billion business deals to be signed.
Heading the biggest ever delegation of 400 businessmen, Wen would be arriving in New Delhi on a three day visit on December 15.
The delegation includes senior executives of top Chinese business houses. Officials in the trade bodies here say the two sides plan to sign deals worth $20 billion and discussions are on to constitute a CEO forum on the lines of the India-US CEO forum set up in 2005 with top industrialists from both sides.
Deals worth $20-billion are expected to take place and majority of the MoUs are planned to be signed during this meeting. These deals include formalisation of the recent $10-billion deal between Reliance Power and Shanghai Electric Group Corporation (SEC), for supply of 36 coal-fired thermal power generation units.
E B Rajesh, Chief China Representative of Confederation of Indian Industry, which is hosting the India-China Business Forum in New Delhi said the business forum to be held on December 15 would also be addressed by Chinese Trade Minister Gao Hucheng.
“It is a good opportunity for interaction between Indian and Chinese businessmen,” he said.
Over 300 Chinese businessmen have already obtained visas to travel to New Delhi.
