Indian MMF exports have been stagnating for the past four years. At $6 billion, the exports had grown by a marginal 1.9 per cent in FY19.
The 5 leaders noted that world economic growth appears to be stabilising and is generally projected to pick up moderately.
India exported goods worth over USD 6 billion under GSP in 2018.
According to a communication of WTO, both countries have stated that they have a substantial trade interest in ICT goods.
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