Singh and Jiabao to hold talks

Prime Minister Manmohan Singh and Chinese Premier Wen Jiabao will hold bilateral discussions on Monday for a "fair trade balance" between the two and for market access for Indian firms in pharmaceutical and IT sectors. The leaders, presently in Cambodia, will meet on the sidelines of the ASEAN summit here.

Singh will also lead the India-ASEAN summit's deliberations towards reaching an agreement on services trade and investment. India has a comprehensive economic partnership agreement with Singapore and the attempt is to raise the level of co-operation under FTAs between India and ASEAN member nations to that level. India will hold bilateral discussions with Philippines Thailand, China and Cambodia.

"This year we are preparing to launch the negotiations for a regional comprehensive economic partnership among ASEAN and its free trade agreement partners, including India," Singh stated before his departure to Phnom Penh.

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