India’s trade in China decreased from USD 89.71 billion in 2017-18 to USD 87.07 billion in 2018-19. India’s imports from China declined from USD 76.38 billion in 2017-18 to USD 70.32 billion in 2018-19, and our exports grew from USD 13.33 billion in 2017-18 to USD 16.75 billion in 2018-19. India’s trade deficit with China reduced from USD 63.05 billion to USD 53.57 billion. The Government of India consistently making efforts achieving a more balanced trade with China in all our official engagements with the Chinese Government, requesting them to lower trade barriers for Indian exports to China.
The various protocols signed to facilitate the export of Indian rice, rapeseed meal, tobacco and fishmeal/fish oil, and chili meal from India to China. National Medical Products Administration China jointly conducted a workshop, and Central Drugs Standard Control Organisation India to train Indian Pharma exporters on the updated regulatory practices of China, on 21st June 2019, at Shanghai, China. The Government of India taken various measures to extend support to exporters by facilitating Buyers Seller meets between potential Chinese importers and Indian exporters to increase exports. Indian exporters are encouraged to participate in major trade fairs in China to showcase Indian products.
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