During the meeting help between the two countries at Bali on the sidelines of the ASEAN and East Asia Summits, Singh mentioned the balanced trade to create more conducive environment pertaining to considerably untapped potential. The ministers also discussed the issue of "robust" economic ties, as they recognised that it was the "core" of the relationship.
Meanwhile, In terms of trade, both the countries are exploiting each other's fast-growing markets while addressing issues like tariffs and non-tariff barriers. Currently, the bilateral trade between the two countries has crossed USD 60 billion mark in 2010 and currently aims at crossing USD 70 billion this year.
Additionally, Indian Prime Minister welcomed greater Chinese economic engagement with India and mentioned that China was among the partners in executing a large number of projects in India.
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