India Plans Trade Deal Talks to Boost Exports to China
- India is said set to seek concessions under Asia-Pacific deal
- Plan part of a strategy to cut down trade deficit with Beijing
This article is for subscribers only.
India is devising a plan to boost shipments of around 200 products to China and narrow the deficit with its biggest trading partner, a person with knowledge of the matter said.
The plan includes seeking duty waiver on a raft of products under the Asia Pacific Trade Agreement, the person said, asking not to be identified as the talks are still on. New Delhi wants China to scrap levies on items including uncombed single cotton apart from castor oil, menthol, granite, diamonds and glass envelopes for picture tubes when negotiations for expansion come up in April 2019.