Friday, Mar 29 2024 | Time 14:07 Hrs(IST)
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India


Removal of tariff crucial to achieve bilateral trade target of USD 200 bn by 2022: Chaudhary

New Delhi, Feb 22 (UNI) Minister of State for Commerce and Industry C R Chaudhary said on Friday that India and ASEAN have enhanced their bilateral trade target to USD 200 billion and to achieve this target removing tariff was very crucial.
''India’s trade relationship with ASEAN is a key pillar of its regional policy and the foundation of its Act East Policy which is further reinforced by increase in trade in goods and services and investment agreements,'' he said addressing a plenary session during the 4th India ASEAN Expo and Summit 2019 here.
India accords high priority to its economic and trade ties with ASEAN and it has yielded rich dividends over the years, he said in the three-day summit which was inaugurated by Commerce and Industry Minister Suresh Prabhu on Thursday.
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