Washington, March 18 (IANS) The United States is repositioning the Export-Import Bank as a “frontline economic tool,” its chief told lawmakers, underscoring a sharper push to bolster American exporters and counter global competition led by China.Testifying before a House subcommittee, EXIM President and Chairman John Jovanovic said the bank is being aligned with efforts to reindustrialise the U.S., secure supply chains, and strengthen economic security.“As many of you have noted, EXIM is o…
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Washington, Feb 22 (IANS) In a decisive signal to the world, the United States and India have unveiled a new AI partnership that rejects what they call the “paralysis of fear” and instead backs a pro-growth, pro-entrepreneurship model to lead the artificial intelligence race.Under a Joint Statement on the US-India AI Opportunity Partnership — a bilateral addendum to the Pax Silica Declaration — the two largest democracies of the world pledged to align regulatory systems, strengthen semic…
Washington, Feb 7 (IANS) The United States and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade, a step aimed at advancing talks toward a broader bilateral trade pact, as the White House formally announced to reduce the tariff on imports of Indian products from 25 per cent to 18 per cent.According to a joint statement, the framework reaffirms both sides’ commitment to negotiations on a US-India Bilateral Trade Agreement. Those talks were launched by P…
Washington, Jan 30 (IANS) The US is positioning India as a key future partner in a new economic security framework aimed at securing global supply chains for artificial intelligence and advanced technologies, Under Secretary of State for Economic Affairs Jacob Helberg said on Friday. Speaking at the Hudson Institute, Helberg said Washington is preparing to expand its Pax Silica initiative. The effort is an economic security coalition focused on semiconductors, critical minerals, logistics and AI…
Tokyo, Jan 22 (IANS) India’s Ambassador-designate to Japan, Nagma Mallick held a meeting with Japan’s Minister of Agriculture, Forestry and Fisheries on Thursday, discussing bilateral partnership in agriculture, food processing and sharing of best practices. “Ambassador-designate Nagma M Mallick called on HE Mr. SUZUKI Norikazu, Hon’ble Minister of Agriculture, Forestry and Fisheries and discussed deepening India Japan partnership in the field of agriculture, food processing and sharing of bes…
Tokyo, Jan 20 (IANS) India’s Ambassador to Japan, Nagma Mallick held a meeting with Yamanashi Prefecture’s Vice Governor Junichi Ishidera on Tuesday, discussing forward cooperation between Yamanashi Prefecture and various Indian states. “Ambassador Ms. Nagma Mallick met with Vice Governor of Yamanashi Prefecture, H.E. Mr. Junichi Ishidera and discussed taking forward cooperation between Yamanashi Prefecture and Indian states,” the Indian Embassy in Japan posted on X.Earlier in the day, Mallick v…
Tokyo, Jan 19 (IANS) India’s Ambassador-designate to Japan, Nagma Mallick held a meeting with Japan’s Minister of Economic Security in Tokyo on Monday, discussing various facets of bilateral partnership, including Economic Security, Artificial Intelligence (AI) and cultural connect. “Ambassador-designate Nagma M Mallick called on Minister Onoda Kimi. They discussed the various facets of India-Japan partnership, including Economic Security, AI and cultural connect,” the Indian Embassy in Japan po…