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India, China agree to resolve market access issue 'expeditiously'

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NEWDELHI (Reuters) – India and China have agreed to resolve market access issues “expeditiously” to promote a more balanced trade, the Indian government said in a statement on Thursday.

China is India’s second-biggest trading partner and a trade deficit has widened in favour of Beijing by nearly 75 percent to $63 billion since 2014, when India’s Prime Minister Narendra Modi came to power.

(Reporting by Neha Dasgupta; Editing by Subhranshu Sahu)

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