India, China set $100bn trade target by 2015

Monday, December 20, 2010

India and China have agreed a new $100bn (66bn) bilateral trade target by 2015, up from $60bn in 2010.

The two sides agreed to take measures to promote greater Indian exports to China, to reduce India's trade deficit.

Companies have already signed business deals worth $16bn on the opening day of Chinese PM Wen Jiabao's three-day official visit to India.

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