Opposition parties in Sri Lanka have questioned the manner in which the Sri Lankan government has approved the use of the Chinese vaccines in the island nation, reported Colombopage
India–South America Trade: Opportunities and Challenges in a Changing Global Economy
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.
Strong Defence Ties, Yet Limited Trade: The India–Vietnam Economic Puzzle
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’s Indirect Taxes are Among the Highest in the World: Negatively Impacting Middle Class
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.
Building ASEAN–India Integration Through Digitalization: A Bridge to Strengthen Economic Relations with Southeast Asia
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.
More on Geoeconomics, Trade and Development
India seeks military disengagement at all friction points in eastern Ladakh with China for ties' improvement
India called on China to withdraw troops from all friction points in eastern Ladakh along the Line of Actual Control (LAC) and asserted that the disengagement alone will ease tension in the border areas
Sri Lanka to receive Chinese Sinopharm vaccine on 31 March
Sri Lanka is likely to get 600,000 doses of Sinopharm COVID-19 vaccines from China on 31 March, reported Daily Mirror
Quad ‘democracies’ will hold Chinese ‘autocracy’ accountable for its actions: Biden
The Quad summit “got the Chinese attention” on their seriousness in holding Beijing accountable for its actions in the Indo-Pacific region, according to US President Joe Biden
Myanmar turmoil no hurdle for India in completing strategic Kaladan project
India has expedited work on its ambitious road infrastructure project -- Kaladan Multi-Modal Transit Transport Project -- that opens a gateway to Southeast Asian countries in an attempt to counter the growing influence of China in the region
India's China policy needs change; build alliances, leverage democracy, suggests think tank
India's stance on China has to irreversibly change in the light of the recent developments, both bilateral and global
Sri Lanka signs $1.5 billion currency swap deal with China
In what seems a temporary respite for Sri Lanka’s dwindling forex reserve, the Central Bank of Sri Lanka (CBSL) has signed a $1.5 billion currency swap agreement with China, reported Colombopage
Chinese nationals in Sri Lanka to get priority vaccination
Authorities in Sri Lanka will administer the Chinese-made Sinopharm COVID-19 vaccines first to Chinese nationals living in the country
US, India to expand defence and security cooperation - with China in mind
As part of expanding global security cooperation between the world's oldest and largest democracies, India will intensify military cooperation with the US Central Command in Florida and with the US Commands in the Indo-Pacific region and Africa
US Defence Secretary Lloyd Austin in Delhi to discuss ‘pressing’ Indo-Pacific 'challenges'
US Defence Secretary Lloyd Austin arrived here on Friday for discussions on cooperating to face “most pressing challenges” in the Indo-Pacific, an euphemism for China’a maritime muscle-flexing in the region
UK PM Johnson to visit India, discuss China threat
Calling the Indo-Pacific "increasingly the geopolitical centre of the world", United Kingdom Prime Minister Boris Johnson will visit India in April to ostensibly create a democratic counterweight to China
China says Quad reflects 'ideological bias'
China has accused the Quadrilateral Security Dialogue (QUAD), a four-nation grouping comprising Australia, India, United States and Japan, of "ideological bias and cold war mentality" and described it as a clique based on an ideology that is "detrimental to the border"
China steps up cyber-attacks after Ladakh disengagement
Indian government organisations such as Computer Emergency Response Team (CERT-IN) and National Critical Information Infrastructure Protection Centre (NCIIPC) have reported that Chinese hackers have attempted to infiltrate the country's cyberspace after troops from the two neighbours disengaged from Pangong Lake in eastern Ladak
Sri Lankan flag on doormat: Colombo raises objection with Beijing
A controversy erupted in Sri Lanka on Friday when people in Sri Lanka noticed that Amazon, an online platform, was selling doormats with imprinted Sri Lankan flag on them, reported Colombopage
IMF closely monitoring Lanka’s $1.5 billion currency swap with China
The International Monetary Fund (IMF) has said that they are “closely monitoring” the Sri Lanka’s recent currency swap deal of $1.5 billion with China, reported Colombopage
