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Sunday, Oct 26th

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You are here: Home India India, China sign $5.2 b. deals to deepen economic co-operation

India, China sign $5.2 b. deals to deepen economic co-operation

New Delhi: India and China on November 26 pledged to deepen economic and commercial ties and create environment for promoting investment to the mutual benefit of the two nations.

As many 11 agreements, entailing investment of $5.2 billion, were inked here during a day-long second India-China Strategic Economic Dialogue.

India and China also agreed to enhance transportation links, encourage greater bilateral investments and work towards achieving a more balanced and sustainable bilateral trade.

The bilateral trade between the two countries has shot up from $3 billion in 2000 to $74 billion currently.