India China Trade Relations
Overview India China trade relations are the most important part of bilateral relations between India and China . From a temporary decline in the the influx of Chinese imports in the Indian markets , the scenario seems to have changed - India is enjoying a positive balance of trade with China . The India China trade relations are regulated by the India China JBC , which ensures a free exchange of products and services between the two nations. India & China signed a Trade Agreement in 1984 which provided for Most Favored Nation Treatment and later in 1994, the two countries signed an agreement to avoid double taxation. The bilateral trade crossed US$13.6 billion in 2004 from US$ 4.8 billion in 2002, reaching $18.7 billion in 2005. The India China trade relations have been further developed from 2006, with the initiation of the border trade between Tibet , an autonomous region of China , and...