Seoul/ Jakarta: South Korea and Indonesia, among the five leading economies in Asia, have decided to transact in local currencies. A meeting of both countries’ central banks was recently held in South Korea. On this occasion, an agreement was signed to use the local currencies ‘Won’ and ‘Rupiah’ instead of the US dollar in trade […]
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Beijing: The Foreign Minister of Saudi Arabia, Prince Faisal bin Farhan Al Saud and Foreign Minister of Iran, Hossein Amir Abdollahian, met in China to discuss normalizing relations between the two countries and start trade and embassy services. There are reports that the President of Iran, Ebrahim Raisi, is expected to visit Saudi Arabia soon. […]
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Tokyo/Moscow: It has surfaced that an increase in trade between Russia and Japan has occurred, given the sanctions imposed by the G7, a group of advanced countries in the world, and other western countries. In the first 11 months of 2022, trade between the two countries has reached a whopping $18 billion. It was revealed […]
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New Delhi: Union Ministry of Commerce informed that trade between India and Russia had increased significantly compared to last year. In the first five months of the financial year, the trade between the two countries crossed 18 billion dollars. India is buying large quantities of fuel and fertilizers from Russia. Therefore, it is said that […]
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Abu Dhabi: India and the United Arab Emirates (UAE) have decided to take their bilateral trade to $100 billion in the next five years. During the three-day visit of the Indian External Affairs Minister S Jaishankar to the UAE, both countries declared this objective again. The 14th Joint Commission meeting was held in the presence […]
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New Delhi – The Commerce Minister of India and South Korea recently held a meeting to discuss bilateral trade and investment. During the talks, India and South Korea agreed to discuss free trade agreement between the two countries. A free trade agreement between India and the United Kingdom will be discussed starting from Wednesday. At […]
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New Delhi: The Indo-US bilateral trade has surpassed Indo-China bilateral trade. This news was published a few hours before the arrival of the US President in India. Analysts have claimed that the bilateral trade will only increase in the coming times, looking at the trend in the bilateral trade between the two countries. Analysts are […]
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Washington: India has been actively preparing for US President Donald Trump’s India visit. But, President Trump, however, makes some mixed remarks, adding to India’s pressure. President Trump has claimed that so far, India has hit the US hard in terms of bilateral trade. At the same time, he added that the US would sign the […]
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Beijing/Washington: China, refusing to retreat in the trade war against the United States, has been hit by a major decline in trade. In August, Chinese imports declined by 22%, and exports declined by 16%. Local sources informed that along with the United States, Chinese exports at the international level also have reportedly declined by 3%. […]
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Pretoria: Prime Minister Narendra Modi has expressed satisfaction on his Uganda visit saying it to be successful. The Prime Minster arrived in South Africa from Uganda to participate in the BRICS summit. This summit will make efforts to increase the cooperation between the BRICS nations and the African nations. In view of this, the summit […]
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