Commerce and Industry Minister Piyush Goyal has expressed hope that India would emerge as a major exporter of goods and services to China and the ASEAN region in the coming years. Goyal said he held meetings with his Chinese counterpart in Yaounde, Cameroon, and in New Delhi on the sidelines of the BRICS Summit. He added that India was open to promoting free and fair trade with every country. "They (China) are also providing us important intermediate goods, important raw materials. If in any particular product, we find that the fair play or pricing is not proper, then there's an established judicial process, which is conducted. Other than that, we believe in the rules of fair play; we believe in the rules of open trade ...we welcome suppliers to meet the growing needs of India," Goyal told reporters here. He was replying to a question on India-China trade relations in the coming years. The minister was here on a two-day official visit. "We are looking to open markets in different
New Delhi must find ways to prise open China's markets
Finance Minister Nirmala Sitharaman says China has denied market access to Indian products despite repeated requests, while calling for a review of India's trade pact with Asean.
Finance Minister said that Chinese non-tariff barriers are restricting Indian exports of generic drugs, beef, and vegetables, complicating efforts to strengthen trade and improve bilateral relations
Commerce Minister Piyush Goyal said India is working to develop relations with China again, but stressed that the journey remains unfinished and must ensure fair, stable engagement
The Line of Actual Control (LAC) has to be stable for normalising relations between India and China, External Affairs Minister S Jaishankar has said, asserting that any disturbance along the border will have consequences. Jaishankar also linked expansion of trade and investment ties between the two countries to peace and tranquillity along the border. "The point we make to the Chinese is: 'If you want a normal relationship, if the rest of the relationship is to move, it's common sense -- It is a no-brainer that the boundary has to be stable and that we need peace and tranquillity in the border areas'," he said. Jaishankar, speaking at the Bloomberg New Economy Forum on Tuesday evening, noted that the situation along the LAC has "settled down" to a great extent since 2024 and that the relationship is "commensurately moving towards normalcy." In the last few months, both sides have rolled out a series of confidence-building measures to repair ties frayed by the more than ...
Commerce and Industry Minister Piyush Goyal on Wednesday said India is working to rebuild its relations with China, but the last word has not yet been scripted on this journey. He also said India is open for joint ventures with any country, provided it gets a fair deal. "We are open to all countries around the world as long as we get a fair deal, as long as we ensure a continuity in the engagement, and as long as the geopolitical situation does not deteriorate. I think we had some concerns in the past. We are working to develop relations with China once again, but the last word has not yet been scripted on this journey," he said. He was speaking at the Bloomberg New Economy event. The remarks are important as China is India's second-largest trading partner. Bilateral trade between the two countries rose 7.9 per cent in 2025-26 to USD 127.7 billion from USD 118.39 billion in 2024-25. India's exports to China grew 36.62 per cent to USD 19.47 billion in 2025-26 from USD 14.25 billion
China on Tuesday strongly opposed India's decision to assign standardised names to 28 strategic locations and geographical features in Ladakh, claiming that the areas belonged to it. "China has never recognised the so-called 'Union Territory of Ladakh' unilaterally and illegally established by India," Foreign Ministry spokesperson Mao Ning told a media briefing here. Beijing, she said, "firmly opposes India's announcement of so-called standard names". Mao was responding to a question on India's Ministry of Home Affairs announcing standardised names for 28 places and geographical features in Ladakh. "The move is illegal and invalid and cannot change the fact that the relevant areas in the western sector of the China-India boundary have always belonged to China," she said. On October 2, India formally identified 28 strategic locations and geographical features in Ladakh, including key border friction points along the Line of Actual Control (LAC) such as Gogra and Hot Spring, on the
This year's Brics summit gave India and China a chance to mend ties, not reset them
The Indian government did have an idea that China would in the future operate in the Indian Ocean. But our plans were only defensive
The several forums that India participates in provide useful opportunities for meetings among leaders of countries which may have difficult or tense relations for one reason or another
Today's opinions examine a possible diplomatic opening before the 1962 India-China war, fears of an AI investment bubble, India's use of hard power and the evolving US-China relationship
The ties between India and China are "better" today as compared to a couple of years ago, External Affairs Minister S Jaishankar has said, underlining that as the border issues are resolved, the relationship returns to normalcy. Jaishankar was responding to a question on India-China relations, which have seen an upswing in recent times, including with President Xi Jinping's recent visit to India for the BRICS Leaders' Summit hosted by New Delhi. "If you asked me, compared to where you were in 2025, is the relationship better today? I would say yes. Compared to 2024, even more so," Jaishankar said during a conversation hosted at Asia Society on Monday. He said it's not so much a "structural change", but part of the reason why things have improved is "they had gone so much off-track that the moment you stabilised it, it was going to improve, because after what happened in 2020 and the long standoff that we had on the border, the relationship had really been impacted." Following the 2
DEA Secretary Anuradha Thakur said BRICS discussions include interoperability of payment and messaging channels and the use of local currencies for trade and investment
Former US National Security Adviser John Bolton has said that China is not ready to move when it comes to supporting India's bid for a permanent seat in the UN Security Council. Speaking to PTI Videos, Bolton said that attempts to change the composition of the 15-member council had continued for decades without result, and there are little prospects of reform. "I don't think China is movable on this question. I think that they like having five permanent members, which they are the only, really the only Asian country. And I don't see that changing," he told PTI Videos. Bolton said any expansion of the permanent membership would require an amendment to the UN Charter and suggested China could block India's bid. The United Nations Security Council (UNSC) has 15 member countries, consisting of five permanent members with veto power and ten non-permanent members elected for two-year terms. Five permanent members are China, France, the Russian Federation, the United Kingdom, and the Uni
The increase, however, comes off a relatively low base and has done little to narrow India's vast trade imbalance with its neighbor
Just let loose the instincts of natural traders. Trade may not guarantee border peace but it will increase the cost of war
Commerce Secretary Rajesh Agrawal said both sides would continue discussions on structural trade imbalances, supply chain issues and building mutual trust
The leaders' last sit-down bilateral meeting was on August 31, 2025, when Modi visited China for the Shanghai Cooperation Organization summit
PM Modi said Brics must strengthen resilient supply chains and inclusive technology access, warning that critical minerals weaponisation could impede shared growth