Riyadh – With Saudi Arabia coming out of US influence, China has increased the intensity of bilateral cooperation. China and Saudi made 30 agreements worth about $10 billion during this period. Among these, agreements made in artificial intelligence, electric vehicles and the energy sector draw attention. Due to this, the US influence in the Gulf […]
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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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New Delhi – Russia has a balanced trade of about $200 billion with China and is keen to increase its bilateral trade with India by proposing and negotiating a free trade agreement through Eurasian Economic Commission, said the Deputy Prime Minister of Russia, Denis Manturov who is currently on his visit to India. He also […]
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Pune: Union Commerce Minister Piyush Goyal claimed countries that were not very serious about talks on the free trade agreements (FTA) with India in the past had changed now. He further claimed that after realising that India was a reliable partner country, these countries have been giving a lot of importance to talks on trade […]
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Washington/Beijing: The Inflation Reduction Act-IRA has come into effect in the United States from January 1. This will hit fellow countries that trade heavily with the US. Especially the companies in European countries in the vehicle manufacturing sector and the companies in the semiconductor industry will have to bear the loss due to this. Thus, […]
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Moscow: The International North-South Transport Corridor (INSTC), a trade route connecting Russia and Iran through the Caspian Sea, has become operational. It will provide a major impetus to the trade cooperation between Russia and Iran. US-based newspaper Bloomberg has claimed that this trade route will circumvent Western sanctions imposed on Russia-Iran. The newspaper reported that […]
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New Delhi: Trade Minister of the United Arab Emirates (UAE) Thani bin Ahmed Al Zeyoudi is on a visit to India. He had a discussion with Commerce Minister Piyush Goyal. At this time, India’s trade with the UAE will reach 100 billion dollars in the next two to three years, the Trade Minister of the […]
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New Delhi: During Bangladesh Prime Minister Sheikh Hasina’s visit to India, seven cooperation agreements were concluded between the two countries. Prime Minister Narendra Modi asserted that the friendship between India and Bangladesh can overcome any problem. Also, Prime Minister Modi expressed his satisfaction by saying that Bangladesh is India’s biggest partner in the field of […]
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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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Washington/Taipei: The United States and Taiwan have announced bilateral trade while the atmosphere has heated up over the visit of Speaker Nancy Pelosi to Taiwan. This was announced by the trade representatives of the United States and Taiwan. US Deputy Trade Representative Sarah Bianchi said that the United States is preparing to negotiate 11 trade […]
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