The Confederation of Indian Industry (CII) and the China Council for the Promotion of International Trade Shanxi Provincial Committee signed the Cooperation Framework Agreement on Monday.
The pact aims to strengthen bilateral economic and trade cooperation and establish a win-win cooperative relationship on resource sharing. The trade between Shanxi Province and India mainly focuses on chemicals, machinery, mining, building materials, food and textile industries.
Shanxi Province’s main export commodities include solar cell mobile phone and antibiotics. The main import commodities are castor oil, static rheological device, iron ore and cotton yarn.
