China signs pact with India to inspect fish meal, fish oil imports

MUMBAI (Reuters) - India and China on Wednesday signed an agreement allowing Beijing to inspect imports of Indian fish meal and fish oil, as the two nations work out a broader trade deal following a thaw in relations this year. The decision was part of discussions between India's commerce ministry and a six-member Chinese delegation, led by Vice Minister, General Administration of Customs of China, Hu Wei, on easing market access for exports of various farm products, the ministry said in a statement.

Reuters November 29, 2018 04:05:24 IST
China signs pact with India to inspect fish meal, fish oil imports

China signs pact with India to inspect fish meal fish oil imports

MUMBAI (Reuters) - India and China on Wednesday signed an agreement allowing Beijing to inspect imports of Indian fish meal and fish oil, as the two nations work out a broader trade deal following a thaw in relations this year.

The decision was part of discussions between India's commerce ministry and a six-member Chinese delegation, led by Vice Minister, General Administration of Customs of China, Hu Wei, on easing market access for exports of various farm products, the ministry said in a statement.

Indian Prime Minister Narendra Modi and Chinese President Xi Jinping will meet on the sidelines of a G20 meeting this week, aiming to build on the thaw in ties after a military standoff on their disputed border last year, officials said.

(Reporting by Abhirup Roy and Neha Dasgupta)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply

also read

Thyssenkrupp ends talks with UK's Liberty on steel unit sale
Business

Thyssenkrupp ends talks with UK's Liberty on steel unit sale

By Christoph Steitz, Tom Käckenhoff and Arno Schuetze FRANKFURT (Reuters) - German conglomerate Thyssenkrupp ended talks to sell its steel division to Britain's Liberty Steel due to differences over value, the latest setback in efforts to consolidate the European sector. Liberty Steel, led by commodities tycoon Sanjeev Gupta, last month submitted a firmed-up non-binding bid for Thyssenkrupp's steel unit, Europe's second biggest in terms of sales, which sources said included commitments to protect jobs and sites.

Factbox: Stonks in Washington: Deciphering Reddit's WallStreetBets lingo
Business

Factbox: Stonks in Washington: Deciphering Reddit's WallStreetBets lingo

(Reuters) - Reddit trading lingo may filter in to Washington on Thursday when top hedge fund managers, the head of Robinhood and Roaring Kitty himself are set to give testimony before U.S. House of Representatives lawmakers.

Brent gives up gains after rising above $65 on Texas freeze
Business

Brent gives up gains after rising above $65 on Texas freeze

By Stephanie Kelly NEW YORK (Reuters) - Oil prices steadied on Thursday, with Brent edging back from a 13-month high, after a sharp drop in U.S. crude inventories supported prices, while buying spurred by a cold snap in the largest U.S. energy-producing state petered out.