India and China have agreed to take steps to realize the bilateral trade turn-over target of one hundred billion Dollars in the next two years.

AIR Correspondent reports that India's exports to China were only 13.52 billion dollars in 2012-13 while the imports aggregated to over 54.3 billion dollars, leaving a trade deficit of 40.78 billion dollars.

Both the countries also agreed to promote cooperation between their financial institutions to provide funding for economic projects.

The two sides also agreed to carry out bilateral cooperation in civil nuclear energy in tune with their international commitments.