LD PRESIDENT 2

On the penultimate day of the 6-day State Visit, Patil
visited the India pavilion at the Shanghai Expo 2010, which
has the world's biggest bamboo dome, as a "unique example" of
Sino-India harmony.
She pitched for green technologies to ensure
"good life" in cities and said the pavilion, which was built
jointly by Indians and Chinese, was a "unique example of the
harmony" between the two countries.
She also unveiled a statue of India's Nobel Laureate
Rabindranath Tagore in honour of his visit to this eastern
Chinese city that left a lasting impression on Chinese poets
and writers.
Rao said India has sent the first consignment of
mangoes to China for commercial purposes. Indian officials
said the country will "soon" export basmati rice.
"There has been first consignment of Alphanso mangoes
recently for commercial purposes and India did export mangoes
in 2006 but that was only for promotional purposes, so this
was for the first time a produce has been exported for
commercial purposes," Rao said.
Yu, also a member of the CPC politburo, told the
Indian President that addressing trade balance was part of
China's long-term strategy and huge trade surplus was not good
and that it was going to encourage its companies to take more
outbound activities, Rao said.
Asked whether any concerns on anti-dumping was also
raised, she said the anti-dumping investigations are on but
the issue was not raised in Sunday's meeting.
She also said both India and China were engaged in
consultations and discussions on these trade related issues
and with increasing trade between the two countries, the
government ensures transparency and predictability to avoid
any kind of protectionism.
It also ensures corrective measures, Rao said.
The Indian President also said that Yu, who was
well-informed of India, was aware of the opportunities that
exist in the country and emphasised that both countries should
work together to achieve the target of USD 60 billion by the
end of 2010.
Giving details of the trade figure in Shanghai region
alone, Rao said there were more than 100 Indian companies and
six banks in the region which contributes for over USD five
billion. (MORE) PTI PYK
RDM


The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.



Delete & Prev | Delete & Next