Goal is to achieve $40 billion in two-way trade by 2010
A bilateral pact between China and India intends to boost two-way trade between the partners to $40 billion by 2010.
“There is enough space for the two nations to develop together in a mutually supportive manner while remaining sensitive to each others’ concerns and aspirations,” remarked Indian Prime Minister Manmohan Singh.
Bilateral trade is estimated to reach $20 billion in 2006-2007, compared to just $260 million in 1990.
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