US Edition
China, India in Talks to Resume Border Trade After Five-Year Gap, Bloomberg News Says
India and China plan to restart symbolic border trade worth $3.16 million in 2017-18 amid easing tensions and rising US tariffs on Indian exports, officials said.
- On Monday, Chinese Foreign Minister Wang Yi will visit New Delhi for talks, his first trip to India in over three years.
- Under mounting US tariff pressure, Prime Minister Narendra Modi responded by strengthening ties with China after Trump doubled tariffs on Indian goods to 50%.
- India and China are holding discussions to reopen border trade via Nathu La, Lipulekh, and Shipki La passes after over five years.
- India recently allowed tourist visas for Chinese nationals, and China eased curbs on urea and fertilizer exports to India, signaling a thaw in relations.
- In late August, Prime Minister Narendra Modi is expected to attend the Shanghai Cooperation Organisation summit, where a bilateral meeting with President Xi Jinping is likely.
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32 Articles
32 Articles
India-China Trade: New Delhi, Beijing in Talks To Resume Border Trade Through All Designated Passes, Says MEA
The Ministry of External Affairs (MEA) on Thursday said that both countries are working to facilitate the resumption of trade through designated points, specifically: Lipulekh Pass in Uttarakhand, Shipki La Pass in Himachal Pradesh and Nathu La Pass in Sikkim. India-China Trade: New Delhi, Beijing in Talks To Resume Border Trade Through All Designated Passes, Says MEA.
China, India in Talks to Resume Border Trade After Five-Year Gap, Bloomberg News Says
India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as US tariffs disrupt the global trade order.
·New York, United States
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Coverage Details
Total News Sources32
Leaning Left3Leaning Right12Center5Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
15%
C 25%
R 60%
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