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India-China bilateral trade up 88 per cent
Beijing:
India-China bilateral trade went up by 87.68 per cent
in the first quarter of this year at 3.13 billion dollars.
India's exports to China during the January-March period
alone grew by 124 per cent to 2.12 billion dollars, more
than double from the level reached in corresponding period
last year.
On
the other hand, India's import from China during the first
quarter reached 1.01 billion dollars, up 39.94 per cent.
Trade in the single month of March 2004 was worth 1.27
billion dollars. During March 2004, bilateral trade between
India and China grew rapidly, primarily on account of
growth of iron ore exports from India, official sources
said. In 2003, India-China trade had touched a record
7.6 billion dollars.
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Crude
price touches a new record
New York: Crude oil climbed back to record high
levels, above $41.50 a barrel mark despite Saudi assurances
that the country will boost output by 9 million barrels
a day in June. A
fire at oil pipeline near Iraq's major Kirkuk oilfield,
also added pressure to crude prices.
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