South Korea and Indonesia to exclude US dollar from bilateral trade – sign MoU to promote bilateral transactions in local currencies

South Korea and Indonesia to exclude US dollar from bilateral trade – sign MoU to promote bilateral transactions in local currencies

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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Western Countries pressuring Austria, which has remained neutral over Russia-Ukraine Conflict

Western Countries pressuring Austria, which has remained neutral over Russia-Ukraine Conflict

Vienna: Western countries have begun to pressure Austria, which has taken a neutral stance militarily in the Russia-Ukraine conflict. Besides, an ‘OSCE’ group meeting has been organized in Austria towards the end of next week. Austria has decided to grant visas to 15 Russian leaders and officials for this meeting. However, representatives of 20 countries […]

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Work on third aircraft carrier has already begun – Defence Minister Rajnath Singh

Work on third aircraft carrier has already begun – Defence Minister Rajnath Singh

New Delhi: Even needles were not manufactured in India at the time of independence. But after 75 years, India is building an indigenous aircraft carrier. India has become the seventh country in the world to achieve this capability. Defence Minister Rajnath Singh announced that the country had started work on building another aircraft carrier after […]

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Over 50 Chinese students flee after action by United Kingdom – claims MI5 Chief

Over 50 Chinese students flee after action by United Kingdom – claims MI5 Chief

London: Chief of British intelligence agency MI5 informed that more than 50 Chinese Students have fled from the country against the background of the United Kingdom making tough amendments to the laws and the actions initiated by the concerned agencies. Only two days ago, Chiefs of British intelligence agency MI5 and US agency Federal Bureau […]

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Indian External Affairs Minister and his Chinese counterpart hold talks in Indonesia

Indian External Affairs Minister and his Chinese counterpart hold talks in Indonesia

New Delhi: On the sidelines of the ongoing G-20 Summit in Indonesia, External Affairs Minister S. Jaishankar held talks with Chinese Foreign Minister Wang Yi. During the hour-long discussion, External Affairs Minister Jaishankar outlined India’s position on the LAC in Ladakh. At that time, External Affairs Minister Jaishankar pointed out that it was imperative to […]

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Russia will fully support the nuclear deal with Iran – Russian Foreign Minister declares during his visit to Iran

Russia will fully support the nuclear deal with Iran – Russian Foreign Minister declares during his visit to Iran

Tehran: Russia fully supports the nuclear deal signed with Iran in 2015. Russian Foreign Minister Sergey Lavrov demanded that the sanctions imposed by the United States against Iran should be revoked to revive the nuclear deal. Moreover, Russian Foreign Minister Sergey Lavrov visited Iran and met Iranian President Ebrahim Raisi. After that, Foreign Minister Lavrov […]

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