India rebuilding ties with China? Here’s what Piyush Goyal said
Indian Commerce Minister Piyush Goyal stated that India is working to rebuild economic relations with China while emphasizing the need for fair trade and supply chain security. Despite ongoing geopolitical tensions, bilateral trade between the two nations has continued to grow, though India's trade deficit remains a significant concern.
Why it matters
It reflects the complex balancing act between economic necessity and national security in India-China relations.
Union commerce and industry minister Piyush Goyal on Wednesday said India was working to rebuild its relations with China, while stressing that the future of the engagement remained open.He also said India was willing to enter into joint ventures with any country, provided it received a fair deal and there was continuity in engagement.“We are open to all countries around the world as long as we get a fair deal, as long as we ensure continuity in the engagement, and as long as the geopolitical situation does not deteriorate. I think we had some concerns in the past.
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