"India can soon export rice to China"
India's rice exports to China have been virtually cleared. The assurance from Beijing came when Indian Prime Minister Manmohan Singh met with his Chinese counterpart Wen Jiabao in this Brazilian port city on Wednesday on the margins of the Rio+20 Summit.
"There were some regulatory issues earlier. Our commerce ministry had been working on it. Now these have been resolved as per the Chinese premier," a top Indian official, privy to the deliberations between the two leaders, told reporters.
The decision, he added, was conveyed when the two leaders dwelt on the target of boosting bilateral trade between the two Asian tigers to $100 billion by 2015, during which Manmohan Singh mentioned the large trade surplus in China's favour.
This was the 13th time the two leaders met, since Manmohan Singh, now in his second term, took over as prime minister for the first time in 2004.