The chief minister the central Indian state of Madhya Pradesh has gone on record saying that he sees a "golden opportunity" in the trade war between the US and China.
Tariffs On China By Us Is A Golden Opportunity For Mp Said Cm Shivraj Singh Chauhan – चीन पर अमेरिका द्वारा लगाया गया आयात शुल्क मध्य प्रदेश के लिए सुनहरा मौका: शिवराज https://t.co/Snjiz1vSF9 pic.twitter.com/ifgwbvN8n0— Aman jaiswal (@Amanjai99465340) July 13, 2018
Chief Minister Shivraj Singh Chauhan said that the new tariffs imposed by the US on China will be a chance for Madhya Pradesh to export soybeans to China. The statement comes a few days after the US slapped $34 billion in tariffs on Chinese imports. The escalating trade tiff is set to affect businesses in both countries.
"I met Prime Minister Narendra Modi and discussed the issue of China levying the tariff on American soybeans. It will be a golden opportunity for Madhya Pradesh and other states too," Chauhan told media after the meeting with the prime minister in New Delhi on Thursday.
Chauhan also unveiled his plan for the provincial government to send soybean traders to China to seek out various trade possibilities.
Madhya Pradesh to approach China-backed AIIB for project support: Madhya Pradesh Chief Minister Shivraj Singh Chauhan who is on a fiv…— pooja (@pooja_112) June 20, 2016
"Minister for Commerce and Industry Suresh Prabhu has given his nod over the issue. We will also soon talk to few exporters in Bhopal and Indore concerning the same. I'm also planning to send our delegation to China so that better relations are built," Chauhan told the media.