China Wants FTA With India
Canadians should wake up and smell the roses. Before you know it, China will have signed with many countries and once again, canada is slow off the blocks.
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China is very keen to have free trade agreement with India to strengthen further the economic cooperation and trade. This was revealed by a key member of the Chinese delegation which is in Delhi to brief about the changes effected during the recent 18th Communist Party Congress in Beijing.
Speaking at an interaction on “Implications of the Change in Leadership in PRC: Internal and External Dimensions” at Observer Research Foundation on Wednesday, Mr. Zhang Yansheng, Secretary General, Academic Committee, National Development and Reform Commission, said both the countries “should consider a Free Trade Agreement at the right time” to strengthen further the economic cooperation between the two most populous and fastest developing countries of the world.
Noting that already the two-way trade between China and India is around 73.9 billion US dollars, he said this would also help to achieve a model for South-South cooperation and greater role for both the countries in the global economy. He said China is for “a new type of global partnership” and India and China can work together.
– ANI