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India looks to resolve trade barriers with China as CSACF commences

ANI  |  Asia 

[China], Jun 11 (ANI): As province is all set to host the China-Cooperation Forum (CSACF), of (North-East) has said that such forums can be helpful in removing the existing trade barriers between the two countries.

"In such forums, we need to talk about the possibilities of furthering exports from to and removing those barriers particularly in and IT industries because our basket of goods is limited. We have to find areas where we are stronger," Saharia told ANI.

Highlighting the importance of Yunan, Saharia said, "as such borders and South- They have the responsibility in to improve relations. East and North-East of are closest to BCIM (Bangladesh-China- India-Myanmar Forum for Regional Cooperation) is there already. This kind of forum is helpful but a small percentage of gain makes a lot of difference. "

Talking about the future of Indo-China trade, he acknowledged that there are difficulties in trade, but exuded confidence that the sector will progress in the future.

Asked how the relationship between and Chinese can boost trade ties, Saharia said that individual relation between leaders do help, but only to a certain extent.

"It is the ground reality that ultimately works out," he added.

The 2nd CSACF, under the theme of "Stronger Sub-national Partnership for Win-Win Opportunities", is aimed at promoting policy dialogues, investment in economic trade, and experience sharing and consolidate integrated cooperation and development between China and South Asian countries.

Province is ready to deepen cooperation with local governments in South Asian countries and work towards common interests with mutual benefits.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, June 11 2019. 00:19 IST