Israel and UAE sign free trade agreement; Trade to reach USD 2 billion by year-end

Israel and UAE sign free trade agreement; Trade to reach USD 2 billion by year-end

Jerusalem/Dubai: The United Arab Emirates (UAE) and Israel signed the Abraham agreement in September 2020 to extend cooperation. On Tuesday, Israel and UAE signed a free trade agreement as to the next step of the Abraham agreement. This is the first free trade agreement signed by Israel with any country in the Middle East, indicating […]

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Barter Trade may start between Russia and Iran – Iran Trade Minister’s significant announcement

Barter Trade may start between Russia and Iran – Iran Trade Minister’s significant announcement

Tehran: The United States and European countries have imposed tough economic and trade sanctions on Russia since the Ukraine conflict. This has made it difficult for other countries to trade with Russia. In such a scenario, India had offered Russia to trade in barter. Russia is considering this. Iran is also planning a barter trade […]

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India Japan partnership important for stable and secure Indo Pacific: Indian PM Narendra Modi

India Japan partnership important for stable and secure Indo Pacific: Indian PM Narendra Modi

Tokyo: India-Japan relations are getting more robust with new responsibilities and goals. It has been 70 years since the establishment of diplomatic relations between India and Japan. But the best of the two countries’ friendship is yet to come. Prime Minister Narendra Modi underlined the importance of India-Japan relations, saying that the three words “special”, […]

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President Biden decides to ban fuel extraction in the wake of rising fuel prices in United States

President Biden decides to ban fuel extraction in the wake of rising fuel prices in United States

Washington: President Biden has announced a ban on projects that increase the country’s fuel production, as fuel prices in the United States have reached record levels. Three oil refining contracts between Alaska and the Gulf of Mexico have been cancelled. The American Petroleum Institute is outraged by Biden’s decision. On the one hand, the Biden […]

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