India,Vietnam holds 5th Joint Trade Sub-Commission meeting

India,Vietnam holds 5th Joint Trade Sub-Commission meeting

Daily Current Affairs   /   India,Vietnam holds 5th Joint Trade Sub-Commission meeting

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Category : International Published on: August 12 2023

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The 5th meeting of India-Vietnam Joint Trade Sub-Commission JTSC was held in New Delhi on 8 August 2023.

Vietnam is the 23rd largest global trade partner of India and the 5th largest among ASEAN countries with bilateral trade of 14.70 Billion dollars during 2022-23.

Vietnam accounts for 11.2 percent of India’s total trade with ASEAN. Vietnam is an important destination for India’s iron and steel and agricultural and animal products mainly meat products, animal fodder, cereals, and marine products.

 

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