As India’s biggest single or bilateral trade deficit is with China over the last few decades which reached USD 58.04 billion in 2018, The Vice Minister of General Administration of Customs of China, Zou Zhiwu informed that the Indian marine products export to China has seen a ten-fold growth since the Wuhan Summit in April ..
Trade Deficit: GK, Current Affairs, Questions, Trivia and News
The report from the Ministry of Commerce and Industries provides insights about the opportunities for India from the US-China trade war: The ongoing US-China trade provides a big window of opportunity to India for enhancing its exports for both of these nations. The ongoing US-China trade offers an opportunity to India for boosting exports of ..
The Strategy Paper of the Ministry of Commerce has outlined measures to bridge the trade deficit with China. India’s Trade Deficit with China Over the last decade, India’s trade deficit with China had increased rapidly. But the deficit narrowed in fiscal 2019 since exports to China increased by 25.6 per cent and the imports declined ..