BEIJING: Sharply criticising protectionist policies of western countries, India today offered to export soybean and sugar to China amid the tariff spat between Beijing and Washington and sought major Chinese investments specially in India’s housing-for-all project.
“You import a lot of agricultural products, up to USD 20 billion or more,” NITI Aayog vice chairman Rajiv Kumar said in his address to the fifth India-China Strategic Economic Dialogue (SED).
“I was noticing that there are some tariffs you imposed on farmers’ from Iowa and Ohio. Maybe India can substitute for soybean and sugar, if we could access those exports with all the due quality considerations to our farmers. That is very useful,” he told the chairman of China’s National Development and Reform Commission (NDRC) He Lifeng.