|
China's gain could be India's loss
Entry of China in WTO would not "dramatically" affect trade relations between India and the EU, Lamy said while answering questions from members at the CII meet. While the EU was still negotiating with China to faciliate its WTO membership, Lamy said it would have an impact on investment in India. The message: China was more open than India which both EU and India should be aware of. Most foreign investors would therefore be keen to go to China.Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
|