Latest Economic Cooperation News & Updates

New Delhi, May 6 (IANS) Vietnamese President To Lam on Wednesday hailed India’s rise, describing it as a “centre of growth and innovation in the world”, while stating that India and Vietnam give high priority to their bilateral ties. Addressing a joint press meet with Prime Minister Narendra Modi following their talks here, To Lam said: “I am very impressed, and I would like to congratulate India for its leaps and bounds progress. India has been soaring ahead as a centre of growth and innovation…

New Delhi/Hanoi, April 24 (IANS) President Lee Jae Myung’s state visits to India and Vietnam this week highlighted South Korea’s growing focus on securing energy supplies and strengthening raw material supply chains as global markets face mounting uncertainty from the conflict in the Middle East.Lee wrapped up the six-day trip Friday after holding summits aimed at deepening economic and strategic cooperation with the leaders of the two fast-growing economies, seen as critical to Seoul’s efforts …

Washington, April 24 (IANS) A deepening “lack of mutual trust” has emerged as the biggest challenge in India-US ties, even as both sides continue to engage across strategic and economic fronts, speakers said at the Hudson Institute’s New India Conference. “There is a big lack of mutual trust today. We need to build that trust once again,” Ram Madhav said, pointing to a sharp shift in perceptions compared to earlier phases of close political alignment.The panel said the relationship, wh…

Washington, April 10 (IANS) India and the United States expanded their strategic engagement with Foreign Secretary Vikram Misri holding a key meeting with Secretary of State Marco Rubio and separate talks with senior US officials, including the FBI Director Kash Patel, covering defence, counter-terrorism and regional security.During his ongoing visit, Misri “called on Secretary of State Marco Rubio today,” the Indian Embassy said, adding, “We look forward to deepening our engagement in the…

New Delhi, April 3 (IANS) Japan’s Ministry of Foreign Affairs has established a new Japan-India Economic Affairs Division to help Japanese companies invest in India, as part of its strategy to bolster bilateral economic ties.”Through the establishment of the Japan-India Economic Affairs Division, the Ministry of Foreign Affairs of Japan will further make public-private efforts to promote companies’ expansion of business and investment from Japan to India and to deepen cooperation in the area o…

Abu Dhabi, March 13 (IANS) Amid ongoing conflict in West Asia, India has pursued a diplomatic path, prioritising the safety of its citizens while engaging with all partners in the region. India’s response has remained measured, responsible and humane., a report has highlighted West Asia has a central place in strategic landscape of India. Nearly nine million Indians live and work in Gulf nations. People from India working in different fields in West Asia play an important role in the economies o…

Tel Aviv, Feb 26 (IANS) Prime Minister Narendra Modi on Wednesday said that he accepts the Medal of the Knesset with utmost humility and gratitude.​ Israel’s Parliament, the Knesset, conferred the ‘Speaker of the Knesset Medal’ on PM Modi, making him the first-ever recipient of this prestigious award. ​Knesset Speaker Amir Ohana presented the medal to PM Modi immediately after his address to the lawmakers in Jerusalem. ​“This honour is not a tribute to an individual, but to the enduring …

Tel Aviv, Feb 25 (IANS) Lauren Dagan Amos, a Tel Aviv-based expert who researches Indian politics and foreign policy, reacted to Prime Minister Narendra Modi’s visit to Israel, saying there is an atmosphere of pride, gratitude, and excitement in Israel regarding the trip.According to Amos, India’s rapid economic growth, digital transformation, and strengthening diplomacy are key topics of discussion during the visit. She told IANS that people are very eager to see the Prime Minister, as he c…

New Delhi, Feb 12 (IANS) The much-awaited elections in Bangladesh finally got underway on Thursday, amidst incidents of vote theft and violence. Since the ouster of Sheikh Hasina, ties between India and Bangladesh have soured considerably, with the interim government under caretaker Muhammad Yunus leaning more towards Pakistan and China.He has been under the control of Islamabad, as a result of which he has framed policies that were aimed at hurting India’s interests.India’s consistent posit…

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…