India wants China to simplify pharma export process
India is keen on China simplifying the registration and procurement process to boost pharma exports.
Following China’s removal of import duties on 28 essential drugs, India is hopeful of increasing generics export to China. But it wants Beijing to also simplify the registration and procurement process to ensure that the move actually helps to make more business.
Meanwhile, after hitting a historic high of $84.44 billion last year, China’s trade with India saw a robust growth in the first quarter of 2018, with bilateral trade netting $ 22.1 billion, up 15.4 per cent year-on-year, reports said.
Source: Exim News Service: New Delhi