ICTC | India China Trade Center

CHAIRMAN SRC STATEMENT PRIOR TO HIS DEPARTURE TO CHINA

“I will be visiting China from September 17th to 26th 2009 for Attending the “4th China Steel Trader’s Assembly” and Opening Ceremony of “China International Auto Parts Expo (CIAPE-2009)”.

I consider our bilateral relation with China is one of the most important bilateral relationships we have. India and China are two major countries in Asia, sharing many similar interests and subscribing to common values. A strong India-China relationship will play a significant role in the emerging Asian security architecture and will contribute to the peace, stability and prosperity of Asia and the world.

India China bilateral trade reached a historical high of 51.8 billion US dollars (According to the statistics from China’s Customs) in the last calendar year and China is now the largest trading partner of India. The trade target of US$ 60 billion by 2010 set by our two Prime Ministers is very likely to be surpassed before 2010.

During my visit of China I will have the honour to speak at “4th China Steel Trader’s Assembly” at Anshan, Liaoning Province and have a discussion with Leaders of Ministry of Commerce of the People’s Republic of China, Leaders from Liaoning Provincial Government, Leaders from Anshan Municipal Government and CEOs from more than 20 steel mills such as Anshan Iron and Steel Group Corporation, Shougang Iron and Steel Group, Maanshan Iron & Steel Co., Ltd, and Hebei Iron & Steel Group and etc. we will review the progress that has been achieved in our bilateral ties over the last one year and set the agenda for the next year. Even though over the last four years there has been significant progress in all aspects of our bilateral relationship, there is still a lot of untapped potential that remains to be realized.

After my visit to Anshan, I will be traveling to Beijing for attending the opening ceremony of the “China International Auto Parts Expo (CIAPE-2009)” on 24th Sep. and have discussion with H.E. Mr. Jiang Yaoping, Vice Minister of Commerce, People’s Republic of China and other distinguished guest from different countries. Also I will have the honour to speak at “China- Asia Auto Parts Economic & Trade Forum & Business Matchmaking Meeting” on 25th Sep.

Apart from these Programme i will have the opportunity to meet with various Chinese Chamber of Commerce, such as China Chamber of Commerce for Import & Export of Machinery & Electronic Products(CCCME), CCPIT – Beijing, China Plastics Processing Industries Association (CPPIA) and Chinese Chamber of Commerce of Metals, Minerals, and Chemicals (CCCMC) etc.

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