sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Markets »
 FM calms nerves, says no plan to tax market gains
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?

President Patil calls for greater market access for Indian goods
May, 31st 2010

President Pratibha Devisingh Patil, who is on a visit to China, said on Sunday that unless market access for Indian pharmaceutical, engineering and information technology companies improves, trade relations between India and China, which is under strain at present, would continue to worsen.

During her meeting here with the ruling Communist Party's Shanghai chief Yu Zhengsheng, Patil said it was important for Beijing to focus on trade imbalances and market access issues.

Briefing media persons about the meeting, Foreign Secretary Nirupama Rao underlined that India wanted more market access in China in fields like engineering goods, IT (Information and Technology), IT enabled services, agricultural products and commodities, and added that this issue has been well conveyed to the Chinese leadership during Patil's visit.

The trade relationship between the two countries has been seen as a crucial driver of overall bilateral relations amid persisting political strains over the long-pending border dispute.

India's recent restrictions on the import of Chinese telecom equipment in light of security concerns, has added to the list of strains.

Responding to a question on the dumping of Chinese goods in Indian markets, Rao said there are many corrective measures in place to check such practices.

"There are a number of anti-dumping investigations also on Chinese products coming into India. And , there are also safeguard duties that are placed on Chinese goods. Whenever we see a surge which is likely to affect our industry adversely, corrective measures are taken," she said.

Earlier, during the last leg of her China visit, Patil visited the Indian pavilion at the Shanghai World Expo, which is being described as the biggest and most expensive in exhibition history.

She also unveiled a statue of Rabindranath Tagore in the heart of old-town Shanghai, China's financial capital.

Tagore had visited Shanghai in the 1920s and left a strong influence on a whole generation of Chinese intellectuals and writers.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions