The United Arab Emirates is in early discussions with India to trade non-oil commodities in Indian rupees, Emirati Minister for Foreign Trade Thani Al Zeyoudi said on Thursday. The UAE signed a wide-ranging free trade agreement last year with India, which, along with China, is among the biggest trade partners …
Read More »ENTERING A YEAR OF UNCERTAINTY AND THE REALM OF GEOPOLITICS
Soothsayers seldom read the future correctly, especially in the realm of geopolitics. Quite a few soothsayers, however, were partially right at the beginning of 2022 when they said that uncertainty and impermanence would dictate the course of world events that year. The year did witness a spike in geopolitical challenges …
Read More »CHINA’S OIL GAMBIT IN TALIBAN’S AFGHANISTAN
The signing of a multi-million-dollar deal between Xinjiang Central Asia Petroleum and Gas Co and the Taliban in Kabul is being marketed by the latter as its first major economic win since the return of the Islamic Emirate in August 2021. The deal, estimated to be $540 million, gives Beijing …
Read More »U.K., JAPAN INK DEFENCE PACT ALLOWING TROOP DEPLOYMENTS
The U.K. and Japan, on Wednesday, signed a defence pact, which will permit the deployment of troops in each other’s countries and increase security cooperation. The move comes as Britain is undertaking a ‘tilt’ towards the Indo-Pacific in its foreign and security policy. “The Reciprocal Access Agreement is hugely significant …
Read More »INDIA AUSTRALIA ECONOMIC COOPERATION AND TRADE AGREEMENT
It helps matters that Australia exports largely raw materials to India, while India exports finished goods. The ECTA builds on this complementarity, creating win-win opportunities for the two countries. The coming into force of Ind – Aus ECTA brings together two major economies of the world – India the 5th …
Read More »INDIA, BRITAIN SIGN AND EXCHANGE LETTERS FOR YOUNG PROFESSIONALS SCHEME
The governments of India and the U.K. marked PravasiBharatiya Divas on January 9 by kicking off the Young Professionals Scheme, which will permit up to 3,000 of their degree-holding citizens aged between 18 and 30 to live and work in each other’s countries for a period of two years. The …
Read More »‘FOE TRADE’ AND AN AGGRESSIVE CHINA
The year 2022 can perhaps be best summarised by a quote by Vladimir Lenin: ‘There are decades where nothing happens; and there are weeks where decades happen.’ The year began with the ostensible vanquishing of the COVID-19 pandemic, thanks to the remarkable collective vaccination efforts of science, business and governments …
Read More »INDIA AFGHAN ENGAGEMENTS
In its latest outrageous decision, the Taliban regime has announced a ban on female students studying in universities. The “cabinet” meeting decision is one in a series that wipes out the many societal gains since 2001, the last time the Taliban was in power. These decrees include banning Afghan schoolgirls …
Read More »FINLAND LABOUR CRUNCH
Facing a massive skilled labour shortage, Finland’s government is planning to double the number of work immigrants entering the country and triple international student placements by 2030, said the Finnish Minister of Economic Affairs and Employment, TuulaHaatainen, during a visit to India aimed at pitching the country as a work …
Read More »POWERFUL PASSPORTS INDEX
Three of these countries (Nepal, Bhutan and Mauritius) are in the neighbourhood. There are quite a few Caribbean countries on the list such as Barbados, Dominica, Grenada, Jamaica, Saint Kitts and Nevis, St. Vincent and the Grenadines, and Trinidad and Tobago besides two Latin American countries (El Salvador and Haiti). …
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