Connect with us

Featured

India-China To Strengthen Economic Relations Over “Tea and Biscuits”

Published

on

India and China are in talks to expand its tea business by trading beverages across the border. India, the second-largest tea producing country, sees potential among Chinese customers to export tea to China which is the largest tea producing country in the world.

“We see the potential of exporting Indian tea to the Chinese market, and we also see the potential of exporting Chinese tea to India,” Indian Ambassador to China – Gautam Bambawale told the Global Times.

The leaders of the two countries met in April in China in hope to extend the bilateral ties. The Modi government is ramping up attempts to bring more food and agricultural products to China in a bid to condense the trade deficit between China and India.

Chinese customs data showed that on an annual footing, the Sino-Indian bilateral trade surged 15.4% from January –March in 2018. Shivang Ksera, an employee of Indian Kamrup Tea Co stated that during a tea promotion seminar held in Beijing that “The response from Chinese importers was very positive. I have talked to dozens of importers this afternoon, and they have shown a keen interest in our products”.

A representative from the Beijing Tea Chamber, Qin Ling said that “Indian tea producers and exporters are using the EU product standards. Some Chinese companies’ products are not up to the ark.”

“Youths of China are elated to try new things. As you see, coffee has made it big in China, and mixology tea beverages are emerging too,” he said. “Indian black tea is the main material to make mixology tea beverages.”

Bambawale said he is not worried about the sales of Indian tea in China. “There is big potential, and we want to exploit this potential. With the population of 2.4 billion people the market is big,” he said.

If New Delhi breaks through this opportunity to establish interconnection and further multiply trade with Beijing, it is definitely a win-win situation for each other, Zhao stated. China has agreed to purchase rice from 14 of the 19 registered Indian rice exporters, while the other five have been asked to improve their storage and isolation facilities so they can apply again, according to the report.

More News at EurAsian Times

Advertisement
Advertisement

Facebook

FEATURED

F-35-INDIA F-35-INDIA
Americas11 hours ago

Massive Flaw In US’ Stealth F-35 Fighter Jets Exposed During NATO Drills

The Lockheed Martin F-35 Lightning II is a single-seat, single-engine, all-weather stealth multirole combat aircraft designed to perform both air...

Armenia-Azerbaijan Armenia-Azerbaijan
EurAsian Region11 hours ago

Armenia Declares Martial Law, Prepares For A Possible War As Border Conflict Escalates With Azerbaijan

Due to flaring tensions between Armenia and Azerbaijan over the region of Nagorno-Karabakh, Armenia on Sunday declared martial law and...

China-aerial-space-Indian-Drone China-aerial-space-Indian-Drone
Americas19 hours ago

US Demonstrates Technology To Launch A ‘Drone From A Drone’ & Recover It Back Mid-Air

General Atomics, the American defence giant has stated that it has carried out captive carry tests of its new air-launched...

ARMY-INDIA ARMY-INDIA
Featured20 hours ago

After Ladakh, Why Gilgit-Baltistan Could Be Next Big Flash Point Between India And China?

In a bid to gain further control on the disputed Gilgit-Baltistan region, Islamabad has decided to upgrade its status as...

sharif-modi-meeting sharif-modi-meeting
Featured22 hours ago

Nawaz Sharif’s Speech Against Pakistan Army Widely Celebrated In India – Imran Khan

Pakistan PM Imran Khan denounced former PM Nawaz Sharif and stated that the opposition has only one agenda i.e. how...

INDIAN-ARMY INDIAN-ARMY
Asia Pacific1 day ago

Indian Army Has Deployed Additional 100,000 Troops Near The LAC – Top Chinese General

Despite the sixth round of Corps Commander level meeting between India and China which failed to provide any significant breakthrough,...

F18-India-Deal F18-India-Deal
Featured1 day ago

NATO Commitment Forces Germany To Acquire F-18 Super Hornets & Reduce Number Of Typhoons

German President Frank-Walter Steinmeier is looking to procure the new Eurofighter Typhoons and F-18 Super Hornets to bridge the gap...

INDIA-CHINA INDIA-CHINA
Expert Reviews1 day ago

‘Hot Winters’ Ahead – China Says PLA Needs To Teach A Harsh Lesson To ‘Insincere’ India – OPED

The portents of war between China and India seem to be getting more and more darker by every passing day....

SAAB-GRIPEN SAAB-GRIPEN
Featured2 days ago

SAAB Delivers Gripen-E Jets To Brazil; Offers ‘Exceptional Deal’ To The Indian Air Force

With India’s new FDI model under the new indigenization drive, SAAB has seen it as a lucrative offer and is...

F-35-INDIA F-35-INDIA
Europe2 days ago

After Rafale Jets, This Air Force Wants Stealth F-35s That Was Once Meant For Turkey?

While some recent reports indicated that with the arrival of F-35s, UAE cold shed some of its F-16s and sell...

Advertisement