World | Asia

November 27, 2012

India and China Sign Trade Agreements, Despite Political Tensions

Indian and Chinese companies signed Monday, November 26 in Delhi, commercial agreements on multi-billion dollar, thereby enhancing commercial ties despite political tensions.

These agreements signed in New Delhi interests include investments in the areas of'' clean energy, infrastructure, electric power, steel plant. "It is only through mutual investment that will strengthened Indo-Chinese cooperation to a higher level," he told reporters Montek Singh Ahluwalia, Deputy Chairman of the Indian economic development commission.

Wind energy figures prominently in the series of agreements with an investment of $ 3 billion between India's Reliance Power and Chinese Ming Yang Wind Power Group. India and China have also signed an agreement at government level on the study of a renovation project of the Indian railway system.

 

Text by lexpress.mu
 

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