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China urges India to reopen door to Chinese telecom imports.


Date: 21-05-2010
Subject: China urges India to reopen door to Chinese telecom imports
BEIJING: Beijing urged India to remove restrictions on imports of its telecoms equipment and provide a “fair” business environment for Chinese firms. India’s home ministry has been blocking deals between Indian companies and Chinese vendors this year amid fears equipment could be vulnerable to hackers or be compromised by Chinese intelligence agents. Indian Home Secretary GK Pillai said last week New Delhi had not singled out Chinese products, but was concerned about imports of telecom equipment for use in areas along the border shared by the world’s two most populous nations. “We hope the policies (India) introduces will treat companies from all countries, including China, India and those in the West, equally,” Chinese commerce ministry spokesman Yao Jian told a press conference. “They should not discriminate against Chinese companies,” he said, urging India to allow firms on both sides to fulfill their contracts. Yao also called on New Delhi to “create a foreign investment policy environment that is open, fair and transparent”. Chinese telecom companies have big hopes of doing business in the fast-growing Indian mobile market, which has nearly 600 million subscribers and has been adding more than 20 million a month.

Source : Daily Times

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