Current Affairs - Miscellaneous - Discussion

Indian Tea Association (ITA) signed a memorandum of understanding (MoU) with China Tea Marketing Association (CTMA). It aims at promoting green and black tea consumption in major tea markets in Europe, the U.S., Russia, and West Asia. The MoU covers the areas of trade promotion, intellectual property protection, and technology exchange. China imported 30 million kg of black tea annually amid its rising popularity in the country where green tea had earlier held sway. Indian exports stood at about 8.7 million kg in 2017 with the market being dominated by Sri Lanka and Kenya. An export of 15 million kg was being targeted next year. China was the world's third largest exporter, mainly of green tea.