India banned import of milk, some mobile phones from China
Posted on:26 Apr 2016 12:35:26
26 April 2016 Current Affairs GK: India has banned import of milk and milk products, certain mobile phones and a few other items from China after finding them sub-standard or not following security codes.
Commerce Minister Nirmala Sitharaman said in Lok Sabha that India banned import of milk and milk products from China as their quality was unacceptable. The mobile phones, which do not carry International Mobile Station Equipment Identity number (IMEI) or other security features, and some steel products have also been banned from importing from China. The Minister said India's trade deficit with China stood at $48.68 billion during 2015-16 (April-February) and the total bilateral trade was $65.16 billion during the period.
Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power, while India's exports to China are characterised by primarily and intermediate products
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