India Trade Promotion Association Chairman and Managing Director of the Subashi · Paniagua at Shanghai World Expo, the weekly activities in India, said that the Government of India to accomplish printing double bilateral trade over a period of four years.
"Although this is a great goal, but from India and bilateral trade and rapid development of momentum to see it is possible to achieve. "Paniagua interview with Xinhua said.
Yindushanggongbu Minister geotti la DITE Asia · scindia said, over the past 10 years, India and the rapid development of bilateral trade, the trade volume between the two countries have been from the beginning of this century's 30 million, to $ 430 billion in 2009.
He said: "India's trade between the two countries is expected to be high this year. ”
India and China among the bilateral trade in the first half of 2010, the year reached 320 million is expected to reach 600 billion in 2000 to 20 times. China has emerged as India's largest trading partner.
India Ambassador Su Jie Sheng said: "if I said that China will become the bilateral trade with India $ 6 billion in the first major trade partners, people would doubt I was disoriented. ”
He said that the Chinese Government also encourages Chinese enterprises to strengthen cooperation with India's business.
"I believe that the new policy incentives will soon emerge, bringing more of India IT and pharmaceutical enterprises to enter the Chinese market. "Scindia, India hopes that China can reduce production equipment and agricultural products import tariffs.
He urged, India and China among some complementary business cooperation. "Two States of the economic structure of complementarity, such cooperation can benefit both countries. ”
In his view, the obvious advantages of manufacturing in China for India learning; and China can learn from India in the financial, education, health care experience.
He said the two countries in the area of trade relations between the good cooperation will also become their good bilateral cooperation between powerful boosters.
"However, the Chinese enterprises also need more information about business opportunities in India. "Su Jie sheng says.
He said the late 1970s to begin the reform and opening up of China, India or a closed economy. Therefore, the Chinese people are aware of India Company, brand, product, less. "We're late, so we should redouble our efforts to try to make up for the lost time. ”
Embassy of India India has been to encourage enterprises to strengthen the marketing strategy in China, a forum to promote bilateral communication between entrepreneurs and cooperation.
Subas · Paniagua said, India is a huge potential in trade, growth in the number of times are possible. "But to do this, we need two peoples closer contacts and two countries on their cultural, social and political system of deeper understanding. ”
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