Govt of China wants investment treaty, more industrial parks in India

India's earlier Bilateral Investment Treaty with China had been terminated by India in 2016

The government of China has told Delhi it wants more industrial parks allocated for Chinese firms, as well as expeditious discussion on an investment treaty.

These were discussed during a meet between Commerce and Industry Minister Suresh Prabhu and Chinese counterpart Zhong Shan earlier this week in New Delhi, a senior government official said. The bilateral engagement was under the aegis of the India-China Joint Group on Economic Relations, Trade, Science, and Technology, after three years.

From 2016 onward, the government of India had terminated the Bilateral Investment Treaty (BIT) it had earlier entered into with various countries, including China. The government