India-South America trade

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 releases Chinese soldier detained for crossing disputed border

Indian authorities on Monday released a soldier of China's People's Liberation Army (PLA), who was apprehended for crossing the disputed border in Eastern Ladakh

23 Indian ship crew stranded off China sail for Japan

Twenty-three Indian crew members aboard the ship MV Jag Anand, stuck off China for over six months, were allowed to set sail for a port in Japan on Saturday evening, the National Union of Seafarers of India (NUSI) said

Chinese PLA soldier held for straying into Indian territory

A Chinese People's Liberation Army (PLA) soldier was arrested after he crossed the Line of Actual Control (LAC) in Ladakh and enteredIndian territory, the Indian Army has stated

China grudgingly concedes India's Covid vaccines are good

As demand for the India-made COVID-19 vaccines gathers momentum in foreign countries, even China appears to have grudgingly accepted its South Asian neighbours domain expertise

Sri Lanka swap with China in advanced stage: Minister

A 10 billion yuan (about 1.5 billion US dollar) swap line for Sri Lanka’s central bank with the People’s Bank of China amount to 10 billion yuan is in an advanced stage, State Minister for Money and Capital Markets Nivard Cabraal said

'Chinese Army uses nomads to transgress into Indian territory'

The Chinese People's Liberation Army (PLA) is using nomads in Ladakh to transgress into Indian territory while the Indian Army has restricted its own nomads to pasture lands, severely impacting the lives of locals, the Ladakh Hill Development Council has flagged to Defence Minister Rajnath Singh

Citing India, Trump blocks eight Chinese apps over national security

Taking India's example of banning more than 200 Chinese apps, US President Donald Trump has signed a new executive order that blocks transactions with Chinese companies running eight apps, including Jack Ma-owned Ant Group's Alipay, Tencent's QQ and WeChat Pay applications

'China used 'unorthodox weapons', made unilateral attempts to change status quo at LAC'

China's People Liberation Army escalated the situation at Line of Actual Control in Eastern Ladakh by utilisation of "unorthodox weapons and amassing large number of troops", said India's Ministry of Defence in its year-end review

China’s foreign aid agency is all set to make foray into Nepal

For the first time, China’s external aid and development agency, China International Development Cooperation Agency (CIDCA) is making a foray into Nepal, pledging to finance 15 pilot development projects in 13 northern districts of the country

US asks China to end aggression against India and in Indo-Pacific

The US Congress through a bipartisan law, the National Defence Authorisation Act (NDAA) 2021 has condemned China for its aggression in eastern Ladakh

Pakistan to push agriculture sector in the next phase of CPEC

Pakistan’s Prime Minister Imran Khan announced that the next phase of CPEC would include the country’s agriculture sector, and it would emphasize increasing agricultural products in the country

China continues to invest in Pakistan

Year 2020 proved to be yet another period of misunderstanding the China-Pakistan Economic Corridor (CPEC)

Tibetan exiles vote to elect their next 'Prime Minister'

Tibetan exiles across the world on Sunday voted to elect their new 'Sikyong' or Prime Minister as well as members of the Tibetan Parliament-in-exile based here in this northern Indian hill town in Himachal Pradesh state

Next phase of CPEC to include agricultural sector: Pakistan PM Imran Khan

Pakistan Prime Minister Imran Khan said on Friday that the next phase of the China-Pakistan Economic Corridor (CPEC) would lay emphasis on the agricultural sector

Locals protest China-sponsored project in Nepal

Locals have been protesting against China-sponsored Damak Clean Industrial Park in Damak Municipality, demanding adequate compensation for the acquired land and transparency regarding the Chinese investment project located in Prime Minister KP Sharma Oli’s home constituency Jhapa-5

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