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’Chinese firms to find doing business in India easier’

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  2 Feb 2015 12:00 AM GMT

Beijing, February 1: India will make it easier for Chinese companies to do business in the country as it seeks to take bilateral economic ties with Chi to “a qualitatively new level”, Exterl Affairs Minister Sushma Swaraj said on Sunday, .

She also suggested a six–point template including “action–oriented approach” to boost mutual ties.

Addressing the launch of the Second India–Chi Media Forum, Sushma Swaraj also said the rendra Modi government was committed to exploring an early settlement to the India–Chi boundary row.

Noting Chi was India’s largest partner in trade and goods and the two economies are moving to invest in each other, she said: “Serious discussions on enhancing connectivity have been initiated. On that foundation, we are now seeking to take our economic cooperation to a qualitatively new level.”

“Another major thrust is in establishing industrial parks in two Indian states that would contribute to the ‘Make in India’ initiative,” she said.

“We will make it easier for Chinese companies to do business in India and expect that similar encouragement would be given to our companies to expand their business in Chi.”

Sushma Swaraj said that as both countries play a larger intertiol role, “our contacts and dialogues must commensurately grow. As the two major civilizatiol powers of Asia, we should have confidence in each other, to build on our shared interests”.

She outlined a six–point template for boosting ties including action–oriented approach, broad–based bilateral engagement, convergence on common regiol and global interests, developing new areas of cooperation, expanding strategic communication and fulfilling common aspirations to usher an “Asian Century”.

Sushma Swaraj also appreciated Chi’s decision to open an additiol route through thula for the Kailash Masarovar Yatra.

Swaraj, who will on Monday launch ‘2015: Visit India Year’ in Chi, said that Chinese monks Fa Hsien and Xuan Zang had visited India in search of knowledge and Indian monks Kashyap Matanga, Dharmarat and many others travelled to Chi to spread knowledge. IANS

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