India and China have signed a protocol on hygiene and inspection requirements for the exports. The commerce ministry stated in a statement that a protocol on hygiene and inspection requirements for the exports was signed in New Delhi during the visit of Chinese Vice Minister, General Administration of Customs of China Hu Wei who was leading a six-member delegation to India.
The move would enable India to commence export of fish meal and fish oil to China. The neighbouring country has so far not allowed these exports by India.
Source: News on AIR
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- China Capital: Beijing, Currency : Renminbi.