皇冠体育app

From the Readers

How to reduce trade frictions

(皇冠体育app Daily)
Updated: 2011-01-14 08:02

Trade between 皇冠体育app and India has increased rapidly over the past decade. 皇冠体育app is now India's largest trading partner, and India is 皇冠体育app's largest trading partner in South Asia.

Despite this positive development, trade frictions between the two countries have become frequent. For the sake of 皇冠体育app and India both, measures should be taken to reduce the trade frictions.

First, the two countries should cast aside their differences and improve bilateral cooperation. There is a strong potential for 皇冠体育app and India to work through their differences by doing more business together.

As some Indian officials said recently, India and 皇冠体育app can intensify their cooperation in infrastructure. The two sides can benefit from expanded economic contacts and generate more win-win cooperation, instead of falling into the trap of zero-sum game.

Moreover, 皇冠体育app and India should shift from regional competition to regional cooperation, and strengthen bilateral exchanges.

To avoid protectionist measures, which will impede economic development, 皇冠体育app and India should seriously consider establishing a free trade area.

Xie Jing, via e-mail

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(皇冠体育app Daily 01/14/2011 page9)