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India - China sign Treaty Our Beijing Bureau 31 DEC India & China have signed a treaty at Tianjen yesterday heralding a new world order in global trade. The two countries have agreed to increase intra-trade relations and also to work towards forming a common market in the near future. Special concessions will be given to traders and there will be various promotion schemes. Joint infrastructure projects will be implemented in both countries. India's foreign minister said that "This is positive step in relations between the two countries. In today's global scenario, there has is need for a trade bloc beteen the two countries."  |
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