. Energy News .




.
TRADE WARS
India, China pledge to deepen trade links
by Staff Writers
New Delhi (AFP) March 30, 2012


China agreed Thursday to open its doors to more Indian exports at a meeting between the leaders of the two countries on the sidelines of a summit of emerging market nations.

Chinese President Hu Jintao pledged to take steps to help boost India's exports to China and reduce New Delhi's $27-billion trade deficit with its neighbour during the talks with Prime Minister Manmohan Singh in New Delhi.

Hu promised China "would facilitate the entry of Indian goods and exports into the Chinese market, thereby reducing the trade imbalance," foreign ministry spokesman Syed Akbaruddin told AFP.

The trade move came as the two leaders also officially declared 2012 a year of "India-China Friendship," the Press Trust of India reported.

Late last year, the two Asian economic powerhouses said they would increase bilateral trade to $100 billion by 2015 from $74 billion last year, but the flow of goods remains lopsided in China's favour.

Hu was in New Delhi to attend the summit of BRICS nations -- Brazil, Russia, India, China and South Africa -- aimed at increasing the non-Western alliance's influence on global affairs and bolstering commercial ties.

Separately, China declared Thursday's BRICS summit "successful," saying increased cooperation among BRICS members would contribute significantly to global economic growth, the Press Trust of India reported.

The lead-up to the gathering saw angry protests by Tibetan exiles in India against Chinese rule.

A 27-year-old activist died Wednesday after setting himself alight during a demonstration two days earlier, becoming the 30th in a list of exiles who have killed themselves since March to protest alleged repression by China in Tibet.

Chinese officials earlier on Thursday blamed spiritual leader the Dalai Lama for the Tibetan protester burning himself to death.

"The Dalai Lama and so-called pro-independence elements are trying to push extreme and radical views," Luo Zhaohui, director general of China's department of Asian Affairs, told reporters.

But he said "the Chinese appreciate the concrete and effective measures implemented by the Indian government in overcoming the disruption."

The presence of the 80,000-strong Tibetan community in India is a source of friction between India and China and their ties also remain prickly over border issues.

China and India agreed to continue their talks to settle their long dispute over areas of their common Himalayan border, which triggered a brief but bloody war in 1962, the Indian foreign ministry spokesman said.

The rivalry between the world's two most populous nations is seen by critics as one of the main problems for the BRICS bloc, as well as the vast distances between members and their different political and economic systems.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
BRICS summit focuses on new development bank
New Delhi (AFP) March 29, 2012
Leaders of the emerging world met in India Thursday to discuss creating a new development bank, at a summit in which the bloc will seek to convert its economic might into collective diplomatic clout. The leaders of the BRICS countries - Brazil, Russia, India, China and South Africa - are attending the fourth meeting of the bloc, a key non-Western alliance that is looking to extend its infl ... read more


TRADE WARS
West Antarctic Ice Shelves Tearing Apart at the Seams

Signs of thawing permafrost revealed from space

NASA GRACE Data Hit Big Apple on World Water Day

ESRI Geospatial Technology Promotes Local Food Systems in US

TRADE WARS
GIS Technology Offers New Predictive Analysis to Business

Navigation devices in market woes

Iris: watch how satcoms help pilots

Smartphones can help track diseases

TRADE WARS
Indonesia land clearance 'wiping out' orangutans

Trace element plays major role in tropical forest nitrogen cycle

Tests New Tool to Guide Reintroduction of the American Chestnut

Electricity from trees

TRADE WARS
AREVA awarded funding for innovative biomass project

Biofuel cell generates electricity when implanted in False Death's Head Cockroach

New Synthetic Biology Technique Boosts Microbial Production of Diesel Fuel

Butterfly wings' 'art of blackness' could boost production of green fuels

TRADE WARS
SolarCity Unveils National Home Energy Loan

New Capital Area Food Bank Facility to Power Up and Save with Standard Solar

DuPont Signs Strategic Cooperation Agreements with Trina Solar

Tecta Solar Installs Largest Rooftop PV Solar System in Massachusetts

TRADE WARS
GDF SUEZ, VINCI, CDC Infrastructure and AREVA mobilized for offshore wind power

Real-World Wind Turbine Performance Metrics and Just-in-Time Predictive Maintenance Software

Denmark OKs ambitious green energy deal

GDF vows 6,000 jobs in French wind farm bid

TRADE WARS
Xstrata coal mine gets green light

India's coal contracts in question

Poisonous gas prevents rescue of 17 Chinese miners

China in bid to rescue 17 miners trapped after deadly blast

TRADE WARS
China blames Dalai Lama for Delhi self-immolation

Hong Kong court overturns maid residency ruling

Tibetan who set self ablaze in Delhi dies

China blames Dalai Lama for India immolation bid


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement