With the Chinese and Indian military pulling back from their respective positions in Ladakh, and the Indian Minister of Commerce, Som Parkash, stating that “FDI from all members of the WTO, including China, continues to be permitted”, it is now time for both parties to finally settle down and deal with the pressing matter of trade.
India has got off to a serious start with trade negotiations in 2021, making agreements to secure trade deals with EU and the UK, and seeking greater trade concessions from ASEAN, Japan, and Korea. Currently, nearly 30 trade agreements of various types are ‘under discussion’ with different countries – including China. But there are problems. Read More.