BIMSTEC

Growing Salience of BIMSTEC : Reconnecting the Bay of Bengal Civilisation Through Trade and Connectivity

If the twentieth century was shaped by the Atlantic and the early twenty-first century witnessed the rise of the Pacific, the coming decades may well belong to the Bay of Bengal. The foundations of that future will not be built solely through trade agreements or infrastructure projects. They will emerge from a shared commitment to connectivity, cooperation and civilisational understanding.

West Bengal's Economic Transformation: A Blueprint for Growth

West Bengal has the resources, talent, culture, and strategic location necessary to become one of India’s most prosperous states. By combining efficient governance, investment-friendly policies, infrastructure development, education, innovation, trade expansion, tourism growth, environmental sustainability, and social inclusion, the state can achieve rapid economic transformation and substantially raise incomes, employment, and overall quality of life.

India’s Balance-of-Payments Challenge: Need for Structural Transformation in Uncertain Times

India possesses immense talent, entrepreneurial capacity, and a large domestic market, yet it still lacks sufficient depth in high-end manufacturing, research and development, semiconductor ecosystems, advanced engineering, and globally dominant product companies.

What Trade Patterns Reveal About South Asia’s Economic Future

One of the most striking features of South Asian trade is how little the region trades internally. Intra-regional trade within South Asia remains among the lowest in the world relative to geographic proximity. Political tensions — especially between India and Pakistan — have prevented the emergence of a deeply integrated regional production system comparable to ASEAN or the European Union.  This is a major missed opportunity.

More on Geoeconomics, Trade and Development

Chinese investment under scanner, as India tweaks law post-Covid

In a move presumably aimed at blocking China and its companies from opportunistic takeovers of Indian companies due to the Covid pandemic and subsequent crisis, India has clarified that foreign investments from countries with which India shares land border shall be only after government approval

Another Chinese plane carrying medical aid arrives in Sri Lanka

Another Chinese plane carrying medical aid for Sri Lanka arrived at the Bandaranaike International Airport in Katunayake Friday evening

Unable to get India to sign up for BRI, China penetrates through tech

Unable to persuade India to sign on to its Belt and Road Initiative (BRI), China has entered the Indian market through venture investments in start-ups and penetrated the online ecosystem with its popular smartphones and their applications (apps)

Two Chinese foundations donate testing kits to Sri Lanka

China's Alibaba Foundation and Jack Ma Foundation have donated 20,000 COVID-19 testing kits to Sri Lanka, in a bid to scale up testing on the island

India's Assam state receives 50,000 imported PPE kits from China

The government in the northeast Indian state of Assam on Wednesday imported 50,000 personal protective equipment (PPE) kits from China for the frontline healthcare workers combating the Covid-19 pandemic in the state

Pakistan urges China to soften terms for power deals

Pakistan has requested China for ease in payment obligations of over $30 billion worth of about 12,000-megawatt power projects under the China-Pakistan Economic Corridor (CPEC) to minimise its financial and economic difficulties

Nepal seeks Chinese support for medical supplis

Nepal's Minister for Foreign Affairs Pradeep Kumar Gyawali has requested China's cooperation and facilitation for the purchase of essential medicines and medical equipment on G-to-G basis

China aids Afghanistan with medical supplies

In the past five months since arrival in Afghanistan, I have met friends from all walks of life and been deeply impressed by the Afghan hospitality, diligence and courage

Twitter suspends account of Chinese Embassy in Colombo

Social media giant Twitter has suspended the account of the Chinese Embassy in Colombo, days after it had responded to allegations against China using undiplomatic language. “We have already applied to unlock the account,” a spokesman for the embassy told News1st

Xi'an municipality of China donates medical supplies to Nepal

The Xi'an municipality of Shaanxi province of China, has provided medical supplies in the fight against COVID-19 pandemic

People's Bank of China increases stake in India's HDFC

The People's Bank of China has increased its stake in India's banking and financial services company HDFC to 1.01 percent. The central bank of China currently has nearly 1.75 crore shares in HDFC during the quarter ended March, according to data submitted by the company at the BSE

India slams China for raking up Kashmir at UN

The  Indain government on Thursday slammed China at the United Nations for raking up India's internal matters and its failure to recognize Pakistan's cross-border terrorism in Jammu and Kashmir

Scope of CPEC to be enhanced in the second phase

The China-Pakistan Economic Corridor (CPEC) is making steady progress, and its scope will be further enhanced in the second phase, a top Pakistani official said

Sri Lanka’s China-run port to oil Indian Ocean shipping

Sri Lanka’s Hambantota Port, run by China’s CM Ports group with Chinese oil group Sinopec, has stocked up bunker oil to supply ships passing the island with the global shipping industry hit by the fallout of Coronavirus

China Railway Group Ltd donates PPE, safety gears to Bangladesh hospital

China Railway Group Limited (CREC) has donated Personal Protective Equipment and other safety gears to the Combined Military Hospital and Kurmitola General Hospital in Dhaka to extend support to the Bangladesh government's fight against the coronavirus outbreak