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This is an archive article published on May 20, 2013

China,India CEOs resolve to push trade to $100 billion

Participating at the India-China CEOs Forum,around 20 top industrialists from China and India resolved to propel bilateral trade to $100 billion within two years from $ 67 billion in 2012.

Participating at the India-China CEOs Forum,around 20 top industrialists from China and India resolved to propel bilateral trade to $100 billion within two years from $ 67 billion in 2012.

Indian CEOs suggested that China initiate measures in correcting trade bilateral imbalances,which is tilted towards its neighbour. One of the CEOs contended that there should be parity in trade “to instill confidence among Indian investors.”

“We also raised the issue of poor air connectivity between the nations … besides the possibility of facilitating the outreach of each others’ banking institutions in both the countries,” Harsh Pati Singhania,MD of JK Paper told The Indian Express.

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