India-China Bilateral Relations >> Trade & Commercial Relations

INTRODUCTION

 

1.      India and China officially resumed trade in 1978. In 1984, the two sides signed the Most Favoured Nation (MFN) Agreement. India-China bilateral trade which was as low as US$ 2.92 billion in 2000 reached US$ 51.8 billion in 2008, making China India’s largest trading partner in goods, replacing the United States of America. By the end of 2009, as a result of the world economic downturn, bilateral trade dropped to US$ 43.27 billion (a decline of 16.54%). However, in 2010 bilateral trade reached US$ 61.74 billion, a growth of 43% compared to the same period last year. India exported goods worth US$ 20.86 billion (+52%) to China and imported goods worth US$ 40.88 billion (+38%) from China, resulting in an adverse balance of trade of US$ 20 billion. In 2011, bilateral trade stood at US$ 73.9 billion (+20%). India’s total exports to China for 2011 were US$ 23.41 billion (+23%) and China’s exports to India reached US$ 50.49 billion (+24%). Trade deficit for India for year 2011 stood at US$ 27.08 billion. China’s trade with India and the world for year 2012 reflected the trends of the global economic slowdown, marked by lower consumption and slower growth in trade volumes.

 

2.      India-China total trade in goods for 2012 stood at US$ 66.57 billion, recording a decline of almost 10%. This decline in overall bilateral trade can be attributed to decline in both India’s exports to China (@20%) and India’s imports from China (@5%). Commodity-wise, bilateral trade was dominated by reactors, boilers, machinery, etc.; electric machinery, sound equipment, etc.; organic chemicals; ores and cotton. India’s exports to China for 2012 reached US$ 18.8 billion, recording a decline of more almost 20% y-o-y whereas imports touched a total of US$ 47.75 billion, recording a decline of more than 5% over the figure for 2011. Trade deficit for India for Jan-Oct, 2012 stood at US$ 29 billion.

 

3.      In 2012, India was the 15th largest trading partner of China with a share of 1.72% in China’s overall trade, recording a decline of almost 10% y-o-y; 7th largest export destination for China, comprising a share of 2.33% of overall Chinese exports and 19th among the countries exporting to China with a share of 1.1% in overall imports by China.

  

INSTITUTIONAL FRAMEWORK OF BILATERAL COOPERATION

 

       There are several institutional mechanisms for India’s economic and commercial engagement with China. India-China Joint Economic Group on Economic Relations and Trade, Science and Technology (JEG) is a ministerial-level dialogue mechanism established in 1988 during the visit of former Prime Minister Rajiv Gandhi to China. A Joint Study Group (JSG) was set up after former Prime Minister Vajpayee’s visit to China in June 2003 to examine the potential complementarities between the two countries in expanded trade and economic cooperation. As per its recommendation, a Joint Task Force (JTF) was set up to study the feasibility of an India-China Regional Trading Arrangement. JTF Report was completed in October 2007. There are also Joint Working Groups on Trade, Agriculture and Energy. In Dec 2010, both countries agreed to set up the India-China Strategic and Economic Dialogue (SED). The first SED took place in Beijing on September 26, 2011.

 

India-China Strategic and Economic Dialogue (SED)

 

       During Chinese Premier Wen Jiabao’s visit to India in December 2010, India and China agreed to set up the Strategic and Economic Dialogue mechanism. The SED is a forum for both sides to discuss strategic macro-economic issues impacting both nations as a result of the changing international economic and financial landscape, to share their individual best practices and in handling challenging domestic economic issues and to identify specific fields for enhancing cooperation, learning and experience sharing. At the SED. the Indian side is by Mr. Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, while the Chinese side by Mr. Zhang Ping, Chairman, National Development and Reforms Commission (NDRC).

 

First SED Meeting- The first India-China SED Meeting took place in Beijing from September 26-27, 2011. Issues that were discussed during the 1st SED included introduction to the 12th plan priorities of the two countries, a discussion on each country’s monetary and fiscal policies, investment policies of the two countries, policies on energy conservation and environment protection etc.

·           The two sides decided to constitute five Working Groups on policy coordination, infrastructure, energy, environment protection and high-technology.  

·            Apart from the official meetings [which included detailed deliberations in three working groups on Investment and Infrastructure led by Chairman Railway Board Shri Vinay Mittal, Water Management (led by Shri Dhruv Vijay Singh, Secretary (Water Resources)) and Energy Efficiency (led by Dr. Ajay Mathur, Director General, Bureau of Energy Efficiency)], the SED also included to a site visit to Tianjin, where the Indian delegation was introduced to water desalination facility. At the end of the official meetings both sides signed the Agreed Minutes of the 1st SED. The Indian delegation also called on the Chinese Premier Wen Jiabao.

 

Second SED Meeting- 2nd Meeting of SED took place on Nov 26, 2012 in New Delhi, India. During the 2nd meeting, the two sides discussed a wide range of topics including greater cooperation at the global level, strengthening communication on macro-economic policies, deepening and expanding trade and investment and promoting bilateral cooperation in the financial and infrastructure sectors.  The proposals and recommendations made by the five Working Groups were considered during the 2nd Dialogue and directions given for their future activities. The two sides agreed that in the current global economic situation it was important to raise the level of economic engagement between India and China. 

·           The two sides also signed a total of 4 Government-to-Government and 7 business MoUs during the 2nd SED in India. Details of the G-2-G MoUs are as under:

 

(a)      Memorandum of Understanding  between the Planning Commission of the Government of the Republic of India and National Development and Reform Commission of the Government of the People’s Republic of China on Undertaking Joint Studies.

 (b)     Memorandum of Understanding between the Bureau of Energy Efficiency, Ministry of Power, Government of the Republic of India and National Development and Reform Commission of the Government of the People’s Republic of China on Enhancing Cooperation in the Field of Energy Efficiency.

 (c)      Memorandum of Understanding between the Ministry of Railways of the Government of the Republic of India and Ministry of Railways of the Government of the People’s Republic of China on enhancing technical cooperation in the railway sector.

 (d)     Memorandum of Understanding between the National Association of Software and Services Companies (NASSCOM), India and the China Software Industry Association (CSIA) on Enhancing Cooperation in the IT/ITES Sector.

 

The 3rd SED Meeting is scheduled to take place in Beijing in second half of 2013.

 

Joint Economic Group

 

India-China Joint Economic Group on Economic Relations and Trade, Science and Technology (JEG) is a ministerial-level dialogue mechanism established in 1988 during the visit of former Prime Minister Rajiv Gandhi to China. JEG has so far met nine times. The scheduling of the previous seven JEG’s is placed below:

 

First Session                   New Delhi             Sep 18-20, 1989

Second Session               Beijing                  Feb 06, 1991

Third Session                  New Delhi             Dec 09, 1991

Fourth Session                Beijing                  Jan 04, 1993

Fifth Session                   New Delhi             Jun 13, 1994

Sixth Session                  Beijing                  Feb 19-20, 2000

Seventh Session              New Delhi             Mar 16, 2006

Eighth Session                Beijing                  Jan 29, 2010

Ninth Session                  New Delhi             Aug 27, 2012

 

The 9th JEG was jointly chaired by Indian Commerce & Industry Minister Shri Anand Sharma and Commerce Minister, P.R.C Mr. Chen Deming.

 

The 10th JEG is scheduled to take place in Beijing in second half of year 2013.

 

Civil Aviation

 

The MOU signed during Premier Wen Jiabao’s visit to India on 9-12th April 2005 provides for major liberalization of air links between India and China with multiple designation of carriers and an open skies policy for cargo, an increase in capacity entitlements, more points of call and an increase in the number of intermediary and beyond points. According to the Memorandum, the designated airlines of both parties are entitled to have unlimited third, fourth and fifth freedom traffic rights with unlimited capacity entitlement for dedicated cargo services. In terms of frequency, the liberalized civil aviation agreement allows for 42 flights a week. It is now up to the airlines to utilize this capacity. Enhanced number of flights would be a function of commercial viability and availability of aircrafts. At present, five air service operators - Air China (5 per week), China Eastern (8 per week), China Southern (3 per week), Air India (4 per week), and Ethiopian Airways (4 per week) are currently operating a total of 24 flights between China and India every week. The cities linked are Beijing-New Delhi; Guangzhou-New Delhi, Shanghai-New Delhi, Mumbai-Shanghai, Kunming-Kolkata and Chengdu-Bengaluru. Shanghai Airlines has also expressed keen interest in operating flights to India. In September 2010, the Ministry of Foreign Affairs, People’s Republic of China authorized Hainan Airways to operate direct flights between India and China as per the 1988 ASA concluded between the two countries in Beijing.

 

BILATERAL TRADE FIGURES FOR YEAR 2012

 

Highlights:

 

  • India-China total trade in goods for year 2012 stood at 66.57 billion, recording a decline of almost 10%

·         India’s exports to China for 2012 reached US$ 18.8 billion, recording a decline of more almost 20% y-o-y. This decline can be attributed to decrease in the exports of ores, slag and ash (@59%), plastics and articles thereof (@5%), electrical machinery, sound equipment, etc. (@14%) and iron & steel (@20%). Ores, slag and ash; cotton & yarn, fabric; copper and articles; precious stones; organic chemicals; plastic and articles; salt, sulfur, earth & stone; nuclear reactors, boilers, machinery, etc. continued to dominate the Indian export basket. Among the products exported from India to China, iron ores, slag and ash and cotton, including yarn and fabric together constituted a dominant share of 45%.

·         China’s exports to India for 2012 China touched a total of US$ 47.75 billion, recording a decline of more than 5% over the figure for 2011. The decline in China’s exports to India can be attributed to decrease in the exports of nuclear reactors, boilers, machinery, etc. (@10%), electrical machinery, sound equipment (@7%), fertilizers (@16%), articles of iron & steel (@16%) and iron & steel (@22%). Nuclear reactors, boilers, machinery; electric machinery, sound equipment; organic chemicals; fertilizers; articles of iron or steel dominated the Indian import basket from China.

  • Trade deficit for India for 2012 stood at US$ 29 billion.

 

The overall bilateral trade figures for year 2012 released by the China Customs are as follows: 

 

(All figures in US$ billions)

 

2010

2011

2012

Total India-China Trade

61.74

73.9

66.57

Growth %

42.66

19.71

-9.93

India’s Exports to China

20.86

23.41

18.82

Growth %

52.19

12.26

-19.61

China’s Exports to India

40.88

50.49

47.75

Growth %

38.25

23.5

-5.4

Trade Balance for India

-20.02

-27.08

-28.93

 

 

India’s total trade with China for year 2012

 

In year 2012, India-China bilateral trade touched a figure of US$ 66.57 billion, recording a decline of almost 10% y-o-y. Major items traded included nuclear reactors, boilers; electrical machinery; organic chemicals; ores, slag and ash, etc. Except for organic chemicals; cotton and yarn; copper and articles; plastics and articles and pearls and precious stones, most of the other items recorded a decline y-o-y.

 

INDIA’S TOTAL TRADE WITH CHINA- COMMODITY WISE

SN

HS

Description

Value in US$ Millions

% Share

% Change

12/11

2011

2012

2011

2012

 

Total      

73901

66566

100

100

-10

1

84

Nuclear Reactors, Boilers, Machinery Etc.; Parts

12819

11592

17

17

-10

2

85

Electric Machinery Etc; Sound Equip; Tv Equip; Pts

11183

10415

15

16

-7

3

29

Organic Chemicals

5616

5941

8

9

6

4

26

Ores, Slag And Ash

10496

4307

14

6

-59

5

52

Cotton, Including Yarn And Woven Fabric Thereof

3375

4303

5

6

27

6

31

Fertilizers

3544

2972

5

4

-16

7

74

Copper And Articles Thereof

2363

2356

3

4

0

8

39

Plastics And Articles Thereof

1846

2021

3

3

10

9

73

Articles Of Iron Or Steel

2214

1854

3

3

-16

10

72

Iron And Steel

2172

1701

3

3

-22

11

71

Nat Etc Pearls, Prec Etc Stones, Pr Met Etc; Coin

1297

1353

2

2

4

12

90

Optic, Photo Etc, Medic Or Surgical Instrments Etc

1147

1238

2

2

8

13

87

Vehicles, Except Railway Or Tramway, And Parts Etc

1057

1097

1

2

4

14

94

Furniture; Bedding Etc; Lamps Nesoi Etc; Prefab Bd

625

911

1

1

46

15

59

Impregnated Etc Text Fabrics; Tex Art For Industry

861

728

1

1

-15

 

India’s Exports to China for year 2012

 

Highlights

 

  • Ores, slag and ash; cotton & yarn, fabric; copper and articles; precious stones; organic chemicals; plastic and articles; salt, sulfur, earth & stone; nuclear reactors, boilers, machinery, etc. continued to dominate the Indian export basket.
  • Among the products exported from India to China, iron ores, slag and ash (HS 26) and cotton, including yarn and fabric (HS 52) together constituted a dominant share of 45%.
  • Spectacular rise was seen in the exports of cotton, including yarn and fabric (HS 52); mineral fuel, oil etc. (HS 27); edible Vegetables & Certain Roots & Tubers (HS 7); and organic chemicals (HS 29) recording increase of 28%, 357%, 177% and 19% respectively.

 

SN

HS

Description

Value in US$ Millions

% Share

% Change

12/11

2011

2012

2011

2012

 

India

23412

18820

100

100

-20

1

26

Ores, Slag And Ash

10450

4271

45

23

-59

2

52

Cotton, Including Yarn And Woven Fabric Thereof

3199

4096

14

22

28

3

74

Copper And Articles Thereof

2161

2175

9

12

1

4

71

Nat Etc Pearls, Prec Etc Stones, Pr Met Etc; Coin

1196

1308

5

7

9

5

29

Organic Chemicals

992

1184

4

6

19

6

39

Plastics And Articles Thereof

695

657

3

3

-5

7

25

Salt; Sulfur; Earth & Stone; Lime & Cement Plaster

514

589

2

3

15

8

84

Nuclear Reactors, Boilers, Machinery Etc.; Parts

478

469

2

2

-2

9

27

Mineral Fuel, Oil Etc.; Bitumin Subst; Mineral Wax

94

429

0

2

357

10

15

Animal Or Vegetable Fats, Oils Etc. & Waxes

327

415

1

2

27

11

41

Raw Hides And Skins (No Furskins) And Leather

301

386

1

2

28

12

85

Electric Machinery Etc; Sound Equip; Tv Equip; Pts

431

369

2

2

-14

13

72

Iron And Steel

326

259

1

1

-20

14

67

Prep Feathers, Down Etc; Artif Flowers; H Hair Art

224

227

1

1

1

15

07

Edible Vegetables & Certain Roots & Tubers

78

217

0

1

177

 

India’s Imports from China

 

Highlights:

  • In year 2012, imports from China touched a total of US$ 47.75 billion, recording a decline of more than 5% over the figure for 2011.
  • Major items of import included nuclear reactors, boilers, machinery; electric machinery, sound equipment; organic chemicals; fertilizers; articles of iron or steel, etc.
  • In year 2012, India was the 7th largest export destination for China.

 

SN

HS

Description

Value in US$ Millions

% Share

% Change

12/11

2011

2012

  2011

2012

 

India              

50489

47746

100

100

-5

1

84

Nuclear Reactors, Boilers, Machinery Etc.; Parts

12341

11123

24

23

-10

2

85

Electric Machinery Etc; Sound Equip; Tv Equip; Pts

10753

10047

21

21

-7

3

29

Organic Chemicals

4624

4758

9

10

3

4

31

Fertilizers

3544

2971

7

6

-16

5

73

Articles Of Iron Or Steel

2153

1802

4

4

-16

6

72

Iron And Steel

1847

1442

4

3

-22

7

39

Plastics And Articles Thereof

1151

1365

2

3

19

8

90

Optic, Photo Etc, Medic Or Surgical Instrments Etc

1008

1072

2

2

6

9

87

Vehicles, Except Railway Or Tramway, And Parts Etc

991

1023

2

2

3

10

94

Furniture; Bedding Etc; Lamps Nesoi Etc; Prefab Bd

607

892

1

2

47

11

59

Impregnated Etc Text Fabrics; Tex Art For Industry

855

716

2

2

-16

12

28

Inorg Chem; Prec & Rare-Earth Met & Radioact Compd

588

550

1

1

-6

13

69

Ceramic Products

502

515

1

1

3

14

76

Aluminum And Articles Thereof

466

475

1

1

2

15

70

Glass And Glassware

422

448

1

1

6

 

BILATERAL INVESTMENTS

 

Chinese Investment in India

 

·           2007- US$ 16 million

·           2008- US$ 49.1 million (Cumulative investment till Dec 2008 was at US$ 91.1 million)

·           2010- US$ 33 million (China’s non-financial investment in India)

·           2011- US$ 95.90 million (China’s non-financial investment in India)

·           Cumulative investments till Dec, 2011- US$ 575.70 million

·           Jan-Oct, 2012- China’s investment in India was US$ 25.2 million

·           Cumulative investments till Oct 2012- US$ 657 million (China’s non-financial direct investment in India approved or registered by Ministry of Commerce, P.R.C.)

 

Indian Investment in China

 

·           2006 – US$ 52 million

·           2007- US$ 34 million in 78 Projects

·           2008- US$ 257 million in 92 projects

·           2010- India's FDI in China- 77 Projects; investment of US$ 55 million.

·           2011- India's FDI in China- 130 Projects; investment of US$ 42.17 million 

·           Cumulative investments till Dec, 2011 - India's FDI in China- 723 Projects; investment of US$ 441.70 million 

·           Jan-Oct 2012- India set up 40 new enterprises in China, recording a decline of 47.4% y-o-y. The actual utilized foreign capital stood at US$ 29.69 million, recording an increase of almost 48% y-o-y.

·           Cumulative investments till Oct 2012- US$ 470 million dollars with a total of 763 non-financial direct investment projects set up by India in China.

 

Chinese Project Contracts in India

 

·           2007- Contract signed - US$ 4.56 billion, turnover realized - US$ 1.99

·           2008- Contract signed - US$12.9 billion, turnover realized - US$ 4.3 billion

·           2010- Contract signed - US$ 6.9 billion, turnover realized - US$ 5.8 billion.

·           Jan-Dec, 2011- Contract signed - US$ 14.06 billion, turnover realized - US$ 7.44billion.

·           Cumulative value of Contractual Chinese investment (Projects) till Dec, 2011 was US$ 55.61 Billion. The overall turnover realized from these projects till Dec, 2011 was about US$ 26.82 billion.

·           Jan-June 2012- Newly signed contract between India and China amounted to US$ 1.98 billion, recording a decline of 83.2% y-o-y. Realized turnover stood at US$ 2.95 billion, recording a decline of almost 25% y-o-y.

·           By the end of June 2012, the total value of contracts entered into between India and China was US$ 57.59 billion with realized turnover of US$ 29.78 billion.

 

[Source: Ministry of Commerce, People’s Republic of China]

 

Indian Companies in China

 

With the growth in bilateral trade between India and China in the last few years, many Indian companies have started setting up Chinese operations to service both their Indian and MNC clientele in China. Indian enterprises operating in China either as representative offices, Wholly Owned Foreign Enterprises or Joint Ventures with Chinese companies are into manufacturing (pharmaceuticals, refractories, laminated tubes, auto-components, wind energy etc.), IT and IT-enabled services (including IT education, software solutions, and specific software products), trading, banking and allied activities. While the Indian trading community is primarily confined to major port cities such as Guangzhou and Shenzhen, they are also present in large numbers in places where the Chinese have set up warehouses and wholesale markets such as Yiwu. Most of the Indian companies have a presence in Shanghai, which is China’s financial center; while a few Indian companies have set up offices in the capital city of Beijing. Some of the prominent Indian companies in China include Dr. Reddy’s Laboratories, Aurobindo Pharma, NIIT, Bharat Forge, Infosys, TCS, APTECH, Wipro, Mahindra Satyam, Dr. Reddy’s, Essel Packaging, Reliance Industries, SUNDARAM Fasteners, Mahindra & Mahindra, TATA Sons, Binani Cements, etc. In the field of banking, ten Indian banks have set up operations in China. State Bank of India (Shanghai), Bank of India (Shenzhen), Canara Bank (Shanghai) and Bank of Baroda (Guangzhou), have branch offices, while others (Punjab National Banks, UCO Bank, Allahabad Bank, Indian Overseas Bank, Union Bank of India etc.) have representative offices. Apart from PSU banks, private banks such as Axis, ICICI also have representative offices in China.

 

Chinese Companies in India

 

According to information available with the Embassy of India, close to 100 Chinese companies have established offices/operations in India. Many large Chinese state-owned companies in the field of machinery and infrastructure construction have won projects in India and have opened project offices in India. These include Sinosteel, Shougang International, Baoshan Iron & Steel Ltd, Sany Heavy Industry Ltd, Chongqing Lifan Industry Ltd, China Dongfang International, Sino Hydro Corporation etc. Many Chinese electronic, IT and hardware manufacturing companies are also have operations in India. These include Huawei Technologies, ZTE, TCL, Haier etc. A large number of Chinese companies are involved in EPC projects in the Power Sector. These include Shanghai Electric, Harbin Electric, Dongfang Electric, Shenyang Electric etc. Chinese automobile major Beijing Automotive Industry Corporation (BAIC) has recently announced plans to invest US$ 250 million in an auto plant in Pune. TBEA a Xinjiang-based transformer manufacturer has firmed up plans to invest in a manufacturing facility in Gujarat.  During the visit of Premier Wen to India, Huawei announced plans to invest in a telecom equipment manufacturing facility in Chennai.

 

INDIA-CHINA BILATERAL AGREEMENTS

 

No.

Name of the Agreement/MOU/Protocol

Place/Date

1

Agreement between the Republic of India and the People’s Republic of China on Trade and Intercourse between the Tibet region of China and India

29-4-1954

2

Trade Agreement between the Republic of India and the People’s Republic of China

14-10-1954

3

Notes Exchanged between China and India on the Question of Transit of Chinese Commodities to the Tibet Region of China via India

14-10-1954

4

Protocol between the Government of India and China regarding the handing over of Postal, telegraph and public telephone services in the Tibet region of China

01-04-1955

5

Trade Agreement between the GOI and the Govt. of PRC

15-8-1984

6

Agreement between the Government of the PRC and the Government of the Republic of India relating to Civil Air Transport

22-12-1988

7

Protocol between the Republic of India and the People’s Republic of China on Resumption of Border Trade between the Tibet region of China and India

1988

8

Trade protocol between the GOI and the Govt. of PRC for the period 20th Sept, 1989 to 19th Sept, 1990

 20-9-1989

9

Trade protocol between the GOI and the Govt. of PRC for the Calendar year 1992

   13-12-1991

10

MOU between the Govt. of the Republic of India and the Govt. of PRC on Resumption of Border Trade

13-12-1991

11

Protocol between the Govt. of the Republic of India and the Govt. of PRC on Entry and Exit procedures for Border Trade

1992

12

Work plan for 1992-93 under the MOU on Cooperation in Agriculture between the Ministry of Agriculture of the Republic of India and the Ministry of Agriculture of the PRC

1992

13

MOU between the Office of the Comptroller and Auditor General, Republic of India and the Audit Administration, PRC

15-1-1992

14

Protocol between GOI and PRC on custom regulation, Banking arrangements and related matters for border trade

1992

15

MOU on Cooperation in Agriculture between the Ministry of Agriculture of the Republic of India and the Ministry of Agriculture of PRC

11-4-1992

16

Protocol between the Govt. of the Republic of India and the PRC for Extension of Border Trade across Shipki La Pass

7-9-1993

17

Agreement between the Ministry of Information and Broadcasting of the Republic of India and the Ministry of Radio, Film, Television of the PRC on Radio and Television Cooperation

7-9-1993

18

MoU between GOI and PRC on Cooperation in the field of Geology and Mineral resources

1993

19

Trade Protocol between the Government of the PRC and Govt. of Rep. Of India for 1994-95

15-6-1994

20

Agreement between the Government of the PRC and Government of Republic of India for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income

18-07-1994

21

MOU between Reserve Bank of India and the People’s Bank of China on Banking Cooperation.

22-10-1994

22

Agreement between India and China on Maritime Transport

29-11-1996

23

Agreement of Cooperation between Doordarshan of India and China Central Television

2-6-1997

24

Memorandum of Understanding on Cooperation in the field of Steel between GOI and PRC

22-02-2000

25

Memorandum of Understanding on co-operation in the field of Information Technology

2000

26

Memorandum of Understanding on co-operation in the field of Labor (Employment services, vocational training and social security)

2000

 

27

MOU on the application of Phytosanitary Measures between M/o Agriculture, Rep. Of India and State General Administration of the PRC for Quality Supervision and Inspection and Quarantine

14-1-2002

28

Agreement of the Rep. Of India and the Govt. of PRC on cooperation. in the field of Tourism

14-1-2002

29

(MOU) on the “Implementation Plan for Organized Group Travel by Chinese Citizens to India” on December 8, 2002

8-12-2002

30

MOU between the government of the Republic of India and the Government of the PRC on Expanding Border Trade

23-06-2003

31

Protocol of Phytosanitary Requirements for Exporting Mangoes from India to China between the Ministry of Agriculture of the Republic of India and the General Administration of Quality Supervision Inspection & Quarantine of the PRC

23-06-2003

32

MOU between Ministry of Information and Broadcasting of the Republic of India and the State Administration of Radio, Film & Television of the PRC

21-07-2004

33

Report of India-China Joint Study Group on Comprehensive Trade and Economic Cooperation

11-04-2005

34

MOU on the launch of the India-China Financial Dialogue

11-04-2005

35

Protocol of phytosanitary requirements for the export of Grape from India to China

11-04-2005

36

Protocol of phytosanitary requirements for export of bitter gourds from India to China

11-04-2005

37

Agreement on Mutual Administrative Assistance and cooperation in customs matters

11-04-2005

38

MOU on Civil Aviation

11-04-2005

39

Protocol on India-China Film Cooperation Commission

11-04-2005

40

MOU between The Ministry of Land and Resources of the PRC and The Ministry of Mines of the Rep. of India on Cooperation in Mining Sector

15-09-2005

 

41

MOU for Enhancing cooperation in the field of oil and natural gas

12-01-2006

42

MOU on Cooperation between the Ministry of Agriculture of the PRC and The Ministry of Agriculture of the Republic of India in the Field of Agriculture

28-03-2006

43

Protocol on Phytosanitary Requirements for Exporting Rice from India to China

21-11-2006

 

44

MOU on Inspection of Export Cargo (Iron Ore)

21-11-2006

45

MOU between the Indian Council of Agricultural Research and the Chinese Academy of Agricultural Sciences

21-11-2006

46

MOU between Forward Markets Commission of India and China Securities Regulatory Commission regarding Commodity Futures Regulatory Cooperation

21-11-2006

47

Agreement on Bilateral Investment Protection and Promotion

21-11-2006

48

MOU on undertaking Joint exploration and Production and acquisition of Oil and Natural Gas Resources in Third Countries

17-12-2006

49

MOU for Cooperation between the Planning Commission of India and National Development and Reform Commission of the PRC

14-01-2008

50

MOU on Cooperation between Ministry of Railways, India and Ministry of Railways, PRC

14-01-2008

51

MOU between Ministry of Housing and Urban Poverty Alleviation of India and Ministry of Construction, PRC

14-01-2008

52

MOU on Scientific Cooperation between Geological Survey of India and China Geological Survey in Geosciences

14-01-2008

53

MOU between NABARD and Agricultural Development Bank of China on Mutual Cooperation

14-01-2008

54

Protocol of Phytosanitary Requirements for the Export of Tobacco leaves from India to China between the General Administration of Quality Supervision, Inspection and Quarantine of the PRC and the Ministry of Agriculture of the Republic of India

14-01-2008

55

MOU of the Joint Economic Group between the Ministry of Commerce and Industry, Govt. of Rep. of India and the Ministry of Commerce, Govt. of the PRC on Expansion of Trade and Economic Cooperation

19-01-2010

56

MOU between Reserve Bank of India and China Banking Regulatory Commission

16-12-2010

57

MOU between Export Import Bank of India and China Development Bank Corporation

16-12-2010

58

Agreed Minutes of the 1st India-China Strategic and Economic Dialogue

26-09-2011

 

 

 

 

 

 

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