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26 April 2024

India's growth to speed up in 2010

India's Minister of Commerce and Industry said as he demanded better access to China's markets to help exports. (REUTERS)

Published
By Reuters

India's economic growth will accelerate this year, India's Minister of Commerce and Industry said as he demanded better access to China's markets to help exports.

Anand Sharma's call for greater access for Indian goods comes amid a widening trade gap between the countries.

Trade between the two grew rapidly to $50 billion (Dh183.5bn) in 2008, making China India's second-largest trading partner, but fell back to $43bn in 2009 as global trade declined.

"We have an imbalance, a gap in trade, which we need to meaningfully address," Sharma told a forum in the Chinese capital.

 

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