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Business EconomyPosted at: Nov 5 2018 4:38PM


India’s country pavilion at Shanghai expo showcases its strength

Shanghai, Nov 5 (UNI) Commerce Secretary Anup Wadhawan inaugurated India pavilion in the first China International Import Expo (CIIE) at the National Exhibition & Convention Centre, Shanghai, on Monday.
On Tuesday, Dr Wadhwan will hold bilateral consultations with China’s Vice Minister for Commerce Wang Shouen and also meet major sugar importers, according to a statement.
During the Joint Economic Group Meeting held in New Delhi in March 2018, China’s Commerce Minister Zhong Shan had extended an invitation to participate in this event.
The Ministry of Commerce, in consultation with the Embassy of India in Beijing, decided to showcase areas where India has proven strength with significant global presence, and there are good prospects for further more market access in China.
In this background, India’s country pavilion has focused on key sectors such as food and agro products, pharmaceuticals, information technology (IT) and information technology enabled services (ITES) , tourism and services sector. These four areas represent very minuscule Indian presence in China contrary to New Delhi’s strength and overall global presence.
Federation of Indian Export Organisations (FIEO) is the lead agency for the India Country Pavilion in CIIE, Shanghai along with other stakeholders including Ministry of Tourism, APEDA, NAFED, MPEDA, Pharmexcil, Electronics and Software Export Promotion Council and aims to showcase India’s strength in these diverse areas. The Consulate General of India in Shanghai has extended all local support.
China is India's largest trading partner with a total trade expecting to reach 100 billion dollar mark in near future.
Both nations have expressed a resolve to address India’s concern regarding large trade deficit with China.
The Government is consistently making sincere efforts to promote its exports to China. This has been achieved through various bilateral meetings at the government level and continuous engagement of Indian businessmen with China.
Recently, the Embassy of India in Beijing and Consulates in Shanghai and Guangzhou had organised a series of business promotion and buyer seller meets covering products including sugar, tea, rice, oil meals and pharmaceuticals which received encouraging participation from Chinese importers.
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