Prime Minister Narendra Modi’s forthcoming visit to China starting May 14, 2015, will come in handy for India to discuss with Beijing the issue of India’s huge trade deficit and ways to enhance co-operation and coordination in different fields.
Modi will visit Xian, Beijing and Shanghai. He will hold meetings with the Chinese leadership and will participate in cultural and business events. Modi will also attend an event organised by the Indian community in China. Modi’s visit is followed by a visit of Chinese president Xi Jinping in September to India.
His engagement in Mongolia on May 17 marks the first visit by an Indian prime minister to the region.
He will then visit South Korea during May 18-19 to hold bilateral discussions with President Park Geun-hye and meet important business leaders in Seoul. During his visit to Seoul, Modi will be hoping to attract investments of $10 billion for the infrastructure projects here.
In Beijing, Modi would discuss ways to raise presence of domestic products, including automobiles and pharmaceuticals, in China. India’s trade deficit with China climbed to a whopping $37.8 billion last year whereas trade stood at $65.85 billion in 2013-14.
Also on the table would be the Arunachal Pradesh border disputes.
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