Wednesday, 6 June 2012

Krishna assures help to stranded Indian traders in China

External Affairs Minister S.M. Krishna on Wednesday assured two Indian traders, trapped in a financial dispute with local businessmen in the commodity hub of Yiwu, that he would take up their case with his Chinese counterpart on Thursday.
Mr. Krishna, who is here to attend the Shanghai Cooperation Organisation (SCO), met the two Indian traders Shyam Sunder Agrawal and Deepak Raheja who were released from illegal custody from the Chinese suppliers in Yiwu after India’s intervention.
“I had a good meeting with the two traders,” Mr. Krishna told the Indian media here today.
“I told them (traders) I will be meeting the Chinese Foreign Minister (Yang Jeichi) tomorrow. I certainly will take up the issue with him,” Mr. Krishna said.
Mr. Krishna has already discussed the case few times with Mr. Yang twice in the recent past.
Together, the two Indians have been asked to pay 10 million yuan ($1.5 million) to local traders. China has told India that cases against the two Indians would not be withdrawn until they repay the entire amount.
Both claim that they were the employees of a company run by a Yamanese national in the Chinese commodity trade hub Yiwu. The local traders took them into custody in December last after their owner fled without making payment for the supplies secured.
The two resided in Shanghai after their release in January and cannot go back to India due to travel ban.
They came to Beijing today just to meet Mr. Krishna. They say they have paid RMB nine lakhs to their captors and cannot pay any more. They are currently defending a case filed against them in the local court.

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