China figured in the Quad ministerial meeting with the four foreign ministers concurring that Beijing’s “forceful attempts” to change situation on the seas in the region should be strongly opposed, according to the Japanese Foreign Ministry
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
Nepal approves Sinopharm vaccines developed by China
The drug regulator in Nepal has granted emergency use approval to the Sinopharm COVID-19 vaccine developed by a Chinese state-owned pharmaceutical firm, reported The Kathmandu Post
43 Chinese firms to invest in Gwadar port in Pakistan; 200 more show interest
The first phase of the Special Economic Zone (SEZ) of the Gwadar port in Pakistan will see investment by 43 Chinese companies, reported The Express Tribune
To oust Chinese firm, India offers grant for power project in Northern Sri Lanka
Within a month after a Chinese firm won the bids to develop three renewable power projects in three northern islands in Sri Lanka, just 50 km off the Tamil Nadu coast, India has reportedly offered Sri Lanka $12 million grant to develop the power projects
Can Pakistan Railways stay on track with China waving red flag?
The Imran Khan government is struggling badly to keep Pakistan Railways on track after putting "all its eggs in the Chinese basket" and Beijing pulling the plug on financing various projects under the China Pakistan Economic Corridor (CPEC), the flagship project of its Belt and Road Initiative (BRI)
Indian Army uses drones, cameras to monitor Chinese troop pullback
Indian Army teams armed with drones and cameras are monitoring evacuation and dismantlement of military infrastructure by Chinese troops at Pangong Lake in Eastern Ladakh
With eye on China, India and Japan see strategic convergence in Northeast
With China as the elephant in the room, India-Japan strategic ties are moving to the next level
Chinese army vacating Finger 4 area of Pangong Lake, says India
The Chinese People's Liberation Army is finally vacating Finger 4 area on the northern bank of Pangong lake that it had occupied last year and changed the status quo on the Line of Actual Control with India
China-funded nephrology hospital completed in Sri Lanka
The construction of a China-funded National Nephrology Hospital in Polonnaruwa district of the north-central region of Sri Lanka has been completed, reported Newswire
Another Chinese vaccine gets nod for emergency use in Pakistan
The Drug Regulatory Authority of Pakistan (DRAP) has issued emergency use authorisation to the COVID-19 vaccine by Chinese company Cansino Biologics Inc, officials said, adding the supply of the doses will begin in a few weeks
India has 'given in' to China's 1959 claim on LAC: Former general
Though the Modi government has trumpeted the India-China disengagement along the Line of Actual Control (LAC) in Ladakh as a victory, Indian Army veteran, Lt. Gen. H.S. Panag, called it pragmatic acceptance of weakness and Beijing's 1959 claim
Indian and Chinese troops begin frontline thinning at disputed LAC
After nine months of standoff and nine rounds of military talks, disengagement by Indian and Chinese frontline troops from the flashpoints at Pangong Lake in eastern Ladakh began on Wednesday, with officials on both sides claiming that the process is taking place in a step-by-step manner
China, India in troop withdrawal along LAC, says Beijing
China and India on Wednesday began their simultaneous withdrawal of troops along the Line of Actual Control (LAC) in Ladakh, according to an official statement issued by the Chinese government
US to stand by India in face of China's aggressive action
In the face of China's aggressive actions against India, the US will stand with New Delhi, according to State Department spokesperson Ned Price
80 Chinese companies still 'active' in India
As the Indian government pushes the 'Aatmanirbhar Bharat' vision, official data show that about 80 Chinese companies established in India are 'active' currently
