The bilateral trade between India and China having a potential worth over $70 billion in year 2010 will create huge and unprecedented opportunities for both countries’ business and investors while bringing about a greater stability in the region.

India-China bilateral trade has for the first time nearly touched $2 billion in the year 2000-01 and is already on way to achieving the target of $60 billion in year 2010.

Chinese accession to the World Trade Organization (WTO.) has further underlined the potential of the Chinese market. A new era is emerging where India and China while encouraging bilateral trade and investment relations, will work jointly to establish common negotiating strategies in the international forum. This scenario brings to for need to exploits the opportunity for mutual benefits by India and China where ICTC place an important facilitating role.