Washington, July 17 (IANS) US President Donald Trump’s nominee to serve as the next US ambassador to Brazil told lawmakers on Thursday (local time) that expanding trade, securing access to critical minerals and strengthening cooperation against transnational crime would be among his top priorities if confirmed, while pledging to support Brazil’s democratic institutions and freedom of expression. Daniel Perez, currently Speaker of the Florida House of Representatives, during his confirmation hear…
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Washington, July 16 (IANS) The Trump administration has announced that it is stepping up investments in South and Southeast Asia as part of a broader strategy to reduce dependence on China for critical supply chains, as the US International Development Finance Corporation (DFC) approved $1.5 billion for energy infrastructure across the region. The funding is aimed at supporting American liquefied natural gas (LNG) exports and energy equipment while strengthening supply chains in a region Washing…
Washington, July 15 (IANS) The Trump administration has received 78 applications for its new artificial intelligence export programme and signed more than 28 critical minerals agreements as Washington intensifies efforts to compete with China in technology and strategic supply chains.David Fogel, Assistant Secretary of Commerce for Global Markets, told a congressional hearing that applications for the first wave of the American AI Export Programme were nearly three times higher than officials ha…
Washington, July 14 (IANS) The US Department of War has announced a $25 million investment in ReElement Technologies Corp. to expand domestic refining capacity for rare earth elements and other defence-critical minerals, in a move aimed at strengthening the country’s industrial base and reducing dependence on overseas supply chains. The investment, announced on Monday by the Department’s Economic Defence Unit (EDU), in partnership with the Office of the Under Secretary of War for Acquisition and…
Ottawa, July 11 (IANS) The recent visit of Japanese Prime Minister Sanae Takaichi was intended to convey that India is indispensable to Japan’s Free and Open Indo-Pacific (FOIP) vision, particularly at a time when US President Donald Trump has signalled his apparent distaste for both the FOIP and the Quad, a report has stated.It noted that Takaichi’s revised FOIP reflects this approach by placing greater emphasis on economics while also integrating maritime security, connectivity, and industrial…
Melbourne, July 10 (IANS) Prime Minister Narendra Modi and Australian PM Anthony Albanese on Friday issued a joint statement after their Annual Leaders’ Summit in Melbourne, announcing a series of landmark agreements across defence, security, energy, critical minerals, cyber technologies and trade that further deepen the India-Australia Comprehensive Strategic Partnership.The two leaders also unveiled a Joint Declaration on Defence and Security Cooperation and reaffirmed their shared commitment …
New Delhi, July 9 (IANS) China now appears to be trying to re-establish its influence in Nepal after a Bangladesh foray, with new promises of economic assistance and infrastructure development. With China’s Vice Minister for Commerce Yan Dong’s Kathmandu visit this week, the message was unmistakable.Beijing wants deeper economic ties, faster project delivery, and formal safeguards for its investors.This followed Nepal Foreign Minister Shisir Khanal’s meeting with his Chinese counterpart Wang Y…
Melbourne, July 9 (IANS) Prime Minister Narendra Modi said on Thursday that India and Australia believe terrorism poses a serious challenge for the whole humanity and stressed that the two nations continue to have shared fight against it.Addressing a joint press meet with Australian counterpart Anthony Albanese following third Australia-India Leaders’ Summit in Melbourne, PM Modi said, “Today we held detailed discussions on many regional and international issues. India and Australia believe that…
Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday formally began his visit to Australia, with the two countries expected to unveil a series of major initiatives aimed at strengthening defence cooperation, maritime security, energy collaboration and critical technology partnerships, according to sources. From expanding defence ties to reinforcing energy security and cooperation in the Indo-Pacific, PM Modi’s visit is expected to yield several significant outcomes that will further…
New Delhi, July 4 (IANS) India successfully managed the economic fallout of the West Asia crisis that began on February 28 and continued to remain the fastest-growing major economy in the world with registering strong growth, amid signing free trade agreements (FTAs) and robust domestic consumption, Finance Minister Nirmala Sitharaman said in an interview with leading French newspaper Le Figaro.She told Fabrice Node-Langlois, Editor-in-chief-Economics, that the free trade agreement signed last J…