Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping




Home >> Business
UPDATED: 12:47, May 04, 2007
Extension of trade season with China a small start: Indian minister
font size    

Indian Minister of State for Commerce Jairam Ramesh has described the three-month extension in the trading season through the Nathu La pass as a small beginning in the move towards full-fledged trade between India and China through a land border, national daily, The Hindu, reported Thursday.

Border trade between the two countries resumed through the pass on Tuesday (May 1).

The trade this year began a month earlier than last year and will continue till Nov. 30, as against last year's Sept. 30.

The newspaper quoted the minister as saying that the duration of trade had been increased but there was still a long way to go.

According to the minister, the real issues inhibiting trade were upgrading the trade infrastructure on the Indian side and negotiating a new protocol with China which will move the border trade going on between the two countries for years to trade through the land border.

The two countries resumed trade through land border last year, the first time since 1968.

The Hindu quoted the minister as saying that"Both sides are still wedded to the concept of border trade rather than trade through the border. Our infrastructure is pathetic compared to facilities on the Chinese side and the list of items (traded) too is severely restricted."

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this



   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Manufacturers, Exporters, Wholesalers - Global trade starts here.

Dic

Versions:
Copyright by People's Daily Online, all rights reserved