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India breaks into the top 10 list of Agri produce exporters

Robust exports of rice, cotton, soya beans and meat propel the country to No. 9 spot In 2019, Mexico and India, with 3.4% and 3.1% share in agri exports, replaced Malaysia (7th) and New Zealand (9th) as the top exporters India broke into the top 10 list of agricultural produce exporters in 2019 with a sizeable share in the export of rice, cotton, soya beans and meat, according to a World Trade Organization (WTO) report on the trends in world agricultural trade in the past 25 years.   In 2019, Mexico and India, with 3.4% and 3.1% share in global agri exports, respectively, replaced Malaysia (7th) and New Zealand (9th) as the largest exporters, while the US, which topped the list in 1995 (22.2%), was overtaken by the European Union in 2019 (16.1%). The US’s share fell to 13.8% in 2019. Brazil maintained its ranking as the third largest exporter, increasing its share from 4.8% in 1995 to 7.8% in 2019. China climbed from the sixth spot in 1995 (4%) to fourth in 2019 (5.4%). The top rice exporters in 1995 included Thailand (38%), India (26%) and the US (19%). In 2019, India (33%) overtook Thailand (20%) to top the list, while Vietnam (12%) overtook the US to the third spot. The top 10 exporters accounted for more than 96% of exports in both 1995 and 2019. India is...

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External Affairs Minister’s meeting with State Councilor and Foreign Minister of China, H.E. Mr. Wang Yi on the sidelines of SCO Foreign Ministers’ Meeting July 14, 2021

The External Affairs Minister (EAM) met State Councilor and Foreign Minister of China H.E. Mr. Wang Yi on 14th July 2021 in Dushanbe, Tajikistan on the sidelines of the SCO Foreign Ministers’ meeting. The two Ministers had a detailed exchange of views on the current situation along the Line of Actual Control (LAC) in Eastern Ladakh and also on other issues related to the overall India-China relations. Recalling their last meeting in Moscow, in September 2020, the External Affairs Minister emphasized the need to follow through on the agreement reached then and complete the disengagement, resolving the remaining issues along the LAC in Eastern Ladakh at the earliest. EAM pointed out to State Councilor that the successful disengagement in the Pangong Lake Area earlier this year had created conditions for resolving the remaining issues. It was expected that the Chinese side would work with us towards this objective. EAM noted however that the situation in remaining areas is still unresolved. EAM recalled that both sides had agreed that a prolongation of the existing situation was not in the interest of either side. It was visibly impacting the relationship in a negative manner. Assessing the overall relationship, EAM emphasized that maintenance of peace and tranquility in the border areas has been the foundation for the development of ties since 1988. The attempts to change status quo last year that also...

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India-China trade grows 62.7% in 1st half of year, crosses $57 billion

Bilateral trade between India and China grew over 62 per cent in the first half of this year. The total bilateral trade between the two countries increased to $57.48 billion during the period. Though Indian exports to China picked up with 69.6 per cent year on year increase, the trade deficit climbed to 55.6 per cent. The China-India bilateral trade in the first half of the year totalled USD 57.48 billion, up 62.7 per cent year on year, perhaps the highest in recent years amid the Ladakh impasse and the COVID-19 pandemic, according to data released by China’s Customs. Though Indian exports to China picked up with 69.6 per cent year on year increase, the trade deficit, a structural problem for India for long, climbed to 55.6 per cent. According to data released by China’s Customs, India’s exports to China reached USD 14.724 billion, up 69.6 per cent year on year in the first six months and India’s imports from China amounted to USD 42.755 billion, up 60.4 per cent. China’s overall trade in the first half of the year rose by 27.1 per cent year on year to 18.07 trillion yuan (about USD 2.79 trillion) in the first six months, according to the customs data. The growth marks an increase of 22.8 per cent from the pre-epidemic level in 2019. Exports jumped 28.1 per cent from a year...

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BRICS Joint Statement on Strengthening and Reforming the Multilateral System (01.06.2021)

June 01, 2021 1. The Ministers of Foreign Affairs/International Relations of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa met on 1 June 2021 in via Video Conferencing. On the landmark occasion of the 15th anniversary of BRICS, the Ministers espoused their shared values of peace, freedom and rule of law, respect for human rights and democracy as well as a more fair, just, inclusive, equitable and representative multipolar international system, based on international law and the UN Charter, in particular sovereign equality of all States, respect for their territorial integrity and mutual respect for interests and concerns of all. 2. The Ministers noted that the COVID-19 pandemic has, over the past year and a half, manifested itself as one of the most serious global challenges in recent history, wreaking immeasurable political, economic and social damage, and thereby reminding us that in an intertwined world, truly effective and representative multilateralism is no longer an abstract ideal to be evoked in matters of war and peace alone, but an essential tool for ensuring successful governance of matters of everyday life and promoting well-being of people and a sustainable future for the planet. The Ministers reaffirmed that only together could the international community build resilience against future pandemics and other global challenges. 3. The Ministers agreed...

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Welcome Remarks by External Affairs Minister at the Meeting of BRICS Ministers of Foreign Affairs/International Relations (01.06.2021)

Dear Colleagues and Friends, With your permission I would like to begin the meeting today. I welcome you all to the BRICS Foreign Ministers’ meeting. The Covid-19 pandemic unfortunately prevents me from greeting all of you in person. It also continues to provide the larger context in which we assess the world and our policies. This is a time to reflect on its many implications. I also express my condolences for the lives lost due to this pandemic in all your countries. Dear colleagues, India has assumed the Chairship of the BRICS on its 15th anniversary. We have come a long way from the first time our Foreign Ministers met in New York in 2006. But the principles that guide our grouping remain consistent over the years. We strive for a fair, just, inclusive, equitable and representative multipolar international system. It is one based on international law and the UN Charter, that recognizes the sovereign equality of all States, and respects their territorial integrity while displaying mutual respect for interests and concerns of all. It is only by conducting our policies in accordance with these principles that we can expect to bring about the change we desire. Over the years, BRICS has evolved its own unique model of engagement that is based on consensus. Our collective endeavour is also to ensure that global decision-making reflects contemporary realities. To this...

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70th Anniversary of the Establishment of Diplomatic Relations between India and China (01.04.2020)

April 01, 2020 Messages of felicitations have been exchanged between the Presidents, Prime Ministers and External Affairs Ministers of the Republic of India and the People’s Republic of China on the occasion the 70th Anniversary of the establishment of Diplomatic Relations between India and the People’s Republic of China on April 1, 2020. 2. President Shri Ram Nath Kovind, in his letter to Chinese President Xi Jinping, conveyed ‘warm greetings, felicitations and good wishes’ to the Government and the people of China, and observed that the two sides have ‘made considerable progress especially in the last few years in enhancing our bilateral engagement in a number of areas, including political, economic and people-to-people ties.’ 3.Prime Minister Shri Narendra Modi, in his message to Chinese Premier Li Keqiang, stated that ‘India and China are two ancient civilizations, with a long history of mutually beneficial exchanges over centuries. Today, we are two large developing countries and emerging economies who are increasingly playing an important role on the global landscape. As such, good relations between India and China are conducive not only for our respective countries, but are also important from the perspective of peace, stability and prosperity of our region and the world’. PM also noted that ‘the COVID-19 pandemic was a reminder to us of the interconnected nature of our world today and the need therefore to adopt a truly...

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ICTC Executive Vice Chairman Mr. V. K. Mishra have meeting with Mr. Zhu Shilong at Beijing (21.11.2019)

ICTC Executive Vice Chairman Mr. V. K. Mishra have a meeting with Mr. Zhu Shilong, Secretary General of ASEM Cooperation Centre for Science Technology and Innovation, Chairman –Beijing Association for International Science & Technology Cooperation at Beijing, P. R. China. As we know that, Technology is changing the world, and farming is catching up. The introduction of everything from automated farm equipment to a wide array of Internet of Things (IoT) sensors that measure soil moisture and drones that keep track of crops have changed the business of agriculture. Some experts even call this movement “Agriculture 4.0”. The possibilities of cooperation in digital & eAgri or smart Agriculture equipment is huge and we discuss about the cooperation model to promote the cooperation between Indian and Chinese enterprises. ICTC extended the invitation to the department Science & Technology of Xian and enterprise to have active participation in upcoming 4th India-China Technology Transfer, Collaborative Innovation and Investment Conference 2020 on 24th February 2020 at New...

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ICTC Executive Vice Chairman Mr. V. K. Mishra have meeting with Shaanxi Technology Transfer Centre, Xian (19.11.2019)

ICTC Executive Vice Chairman Mr. V. K. Mishra have a meeting with Mr. Wang Weidong, Deputy Director and Mr. Wang Wenbin, Director, Xian Technology Resource market at Xian. India China bilateral trade has almost achieved 100 billion USD last year and its growing rapidly, as the demand of 1.3+ billion people is increasing day by day. At the same time Chinese investment in India is also growing, especially in new age Technology Companies, manufacturing, e-mobility, environment and waste management sectors etc. As Xian is one of the major force in equipment manufacturing and service outsourcing, ICTC propose to establish the cooperation with Shaanxi to strengthen the linkage with enterprise to invest in Indian market. The establishment of Xian High tech zone in India has been discussed in detail and further reports to the higher authorities will be made at appropriate level. ICTC extended the invitation to the department Science & Technology of Xian and enterprise to have active participation in upcoming 4th India-China Technology Transfer, Collaborative Innovation and Investment Conference 2020 on 24th February 2020 at New...

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ICTC Executive Vice Chairman Mr. V. K. Mishra have meeting with Mr. Prashant Lokhande, Counsellor (Economic & Commerce), Embassy of India, Beijing (21.12.2019)

ICTC Executive Vice Chairman Mr. V. K. Mishra have a meeting with Mr. Prashant Lokhande, Counsellor (Economic & Commerce), Embassy of India, Beijing on 21st November 2019 at Beijing to discuss about the upcoming activities of ICTC for the development of bilateral trade, investment and technology cooperation between both the countries. ICTC & ICTTC will be organizing 4th India-China Technology Transfer, Collaborative Innovation and Investment Conference, Economic Dialogues, B2B seminars, delegation to China and hosting many delegation from China to India for the development of trade, investment and technology cooperation. Mr. Lokhande has assure full support from Embassy of India in organizing bilateral visits and...

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Executive Vice Chairman Mr. V. K. Mishra delivered the keynote speech at the 8th World International Freight Forwarders Annual Convention 2019 (WIFFAC) at Xian, China (18.11.2019)

On the invitation of World International Freight Forwarder Alliance for the 8th World International Freight Forwarders Annual Convention 2019 (WIFFAC) at Xian, China on November 18-19, 2019. This conference is jointly organized by ShippingChina, CFLP and WIFFA. Mr. Mishra has delivered the keynote speech and highlighted the opportunities for investment in India and invited Chinese enterprise to take the benefit. He has highlighted the major reform in logistic sector, ease of doing business and continued progress in reforms. He said India has countless opportunities and immense possibilities. To take advantage of growing economy and 2nd largest market of the world, we should complement each other and at the same time learn the best business practices and adopt the new technology.   This conference was attended by 500+ CEO and Representative of Logistic enterprise, Technology Providers, Ports Managements, Government officials, Associations, Financial Enterprises and software companies...

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