New Delhi, March 10 (IANS) Assocham on Tuesday cautioned that a prolonged regional conflict in West Asia, amid escalating tensions involving the United States, Israel and Iran, could disrupt global trade and affect India’s energy supplies and exports.The apex industry chamber said India’s economy is closely linked to West Asian supply chains while also relying heavily on the Gulf region as a key export destination.The Middle East remains a major supplier of crude oil, liquefied natural gas (…
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Washington, Feb 26 (IANS) US Secretary of State Marco Rubio has said the United States and China have reached a point of “strategic stability” in their relationship, even as Washington remains wary of supply chain dependence, technology access, and Beijing’s expanding nuclear stockpile.Speaking to reporters in Saint Kitts and Nevis on Wednesday (local time), Rubio said both sides recognise the risks of escalation. “I think both countries concluded that having an all-out trade — global t…
Amritsar, Feb 10 (IANS) Punjab Bharatiya Janata Party (BJP) President Sunil Jakhar on Tuesday said that the India-US trade agreement has opened doors for the country’s progress towards becoming a developed nation while providing a protective shield to Indian farmers. He told the media that the agreement would act as a “runway” to take the country to new heights of development. Also, Punjab’s textile sector will gain. Jakhar said the BJP “understands its responsibility and accountabilit…
Washington, Feb 10 (IANS) The United States and Bangladesh signed a legally binding agreement on reciprocal trade, setting tariff schedules and broad commitments on market access, labor standards, and digital trade, US officials said.US Trade Representative Jamieson Greer signed the pact with Bangladesh’s adviser for commerce, textiles and jute, and civil aviation and tourism, Sheikh Bashir Uddin, at a ceremony in Washington, according to a statement from the USTR’s office.“Under President…