Given India's high dependence on imported oil, these circumstances encourage greater engagement with South American producers such as Venezuela, Brazil, Colombia, Ecuador and Guyana. The increase in Indian imports of Venezuelan oil during the current year provides a clear example, following a period in which imports from this country had been practically discontinued.
One highlight is VinFast, Vietnam's electric vehicle producer, announcing an investment commitment of US$500 million for a manufacturing plant in Tamil Nadu in south India. The company has also engaged its Indian supply chain with more than 300 local suppliers, aligning with the host country’s domestic industrialization agenda.
Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.
ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.
Amid the deepening crisis in the ruling party in the Maldives, President Ibrahim Mohammed Solih on Friday spoke to Chinese President Xi Jinping--for the first time in recent years-- and discussed the Covid-19 and “other issues of mutual interest” in a phone call that came two days after his call with Indian Prime Minister Narendra Modi
With India expressing singular unhappiness over the fragile standoff on their border where tens of thousands of soldiers from both sides are massed on either side of the Line of Actual Control (LAC), China said Thursday that it is ready to seek a "mutually acceptable solution" to the issues that require "urgent treatment" through negotiatio
China State Councilor and Foreign Minister Wang Yi on Wednesday asked Pakistan to investigate an explosion on a bus in which nine Chinese workers died in its mountainous Khyber Pakhtunkhwa province
Asserting that a "unilateral change of status quo" was not acceptable to India, India has reiterated to China that their decades-old border dispute needs to be resolved at the earliest as it "visibly impacting the relationship in a negative manner."
At least 13 people, including nine Chinese workers, were killed when a bus carrying Chinese and Pakistani construction workers fell into a ravine in the northwestern region of Pakistan, media reports say
In another outreach to Dhaka, Bangladeshi students will get priority in returning to their respective educational institutions in China when the pandemic situation will come under control
China and Pakistan are expected to sign a framework agreement for Industrial Cooperation (IC) during the 10th Joint Cooperation Committee (JCC) meeting on the China-Pakistan Economic Corridor (CPEC) scheduled to be held via video-link this month
China last week launched a new poverty alleviation program directed at South Asian countries which didn’t include the Maldives, Bhutan, and India
China was the top lender to Sri Lanka for the first four months of 2021, disbursing USD 514.9 million including a USD 500 million budget support loan, slightly down from a year earlier, official data shows
The Pakistan-US relationship will not impact the China-Pakistan Economic Corridor (CPEC), Abdul Razak Dawood, adviser to the Pakistan prime minister on commerce, has said
Prime Minister Narendra Modi Tuesday called up the Dalai Lama, the exiled spiritual leader of seven million Tibetans, on his 87th birthday, wishing him a long and healthy life, disregarding any potential disapproval from China, NDTV said
Former Afghan President Hamid Karzai has urged China to play a role in helping Afghanistan secure peace and improving its ties with Pakistan
The Pak-China Relations Steering Committee has decided to expand its membership by bringing provinces in its fold and discussed its scope and rationale in advancing the China-Pakistan Economic Corridor (CPEC), Pakistani media reports said
Pakistan Prime Minister Imran Khan has said his country accepted Beijing's version regarding the treatment of Uighur Muslims in China's Xinjiang province
Describing China as a trusted partner in the socio-economic development of Bangladesh, Prime Minister Sheikh Hasina has stressed the need for exploring more avenues to take the bilateral strategic partnership to a new height
