Gandhinagar, May 22 (IANS) India-Russia cooperation in maritime, shipbuilding and education sectors was discussed during a high-level courtesy meeting held in Gandhinagar between Chief Minister Bhupendra Patel and Russian Federation’s Consul General in Mumbai, Ivan Fetisov, with both sides exchanging invitations to major investment summits in Gujarat and St. Petersburg. The discussions focused on avenues to strengthen bilateral engagement, particularly in maritime infrastructure, shipbuilding an…
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Gandhinagar, May 20 (IANS) Gujarat and Russia’s Astrakhan region have agreed to strengthen cooperation in sectors, including trade, education, shipbuilding, transport and logistics, following a virtual meeting between Chief Minister Bhupendra Patel and Astrakhan Governor Igor Babushkin on Wednesday. The discussions focused on expanding an existing partnership between Gujarat and the Russian region, which dates back to a protocol cooperation agreement signed in 2001 and currently valid until Nove…
New Delhi, May 12 (IANS) India and Norway are exploring more opportunities in sectors such as maritime, green energy and startups and the upcoming visit of Prime Minister Narendra Modi to Oslo will only cement bilateral ties in these sectors, May-Elin Stener, Ambassador of Norway to India, said on Tuesday.Over the last 10 years, the number of Norwegian companies in India has doubled. “We now have around 160 Norwegian companies operating in India, and they are exploring new solutions and opportun…
Washington, May 12 (IANS) A bipartisan group of four US senators has urged President Donald Trump to take a hard line against China’s shipbuilding practices during his upcoming summit with Chinese President Xi Jinping, arguing that Beijing’s policies have crippled the American maritime industry and weakened US national security.In a letter released Monday, Senators Tammy Baldwin, Mark Kelly, Todd Young and Tim Scott warned Trump against offering concessions to China on shipbuilding and marit…
Seoul, May 11 (IANS) India can serve as a prominent manufacturing and export hub for South Korea amid recent shifts in global supply chains, local experts said on Monday, as Seoul is pushing to deepen its economic ties with the world’s most populous nation.In a meeting with Industry Minister Kim Jung-kwan, experts at major economic research institutes and trade agencies here made the assessment, calling for a detailed strategy to help Korean companies expand their footprint in the Indian market,…
Seoul, April 25 (IANS) President Lee Jae Myung returned home from his two-nation swing to India and Vietnam, where he focused on expanding strategic cooperation in energy and supply chains to address uncertainties stemming from the Middle East conflict.Lee wrapped up the six-day trip after holding summits with leaders of the two countries, aimed at deepening economic and strategic ties across various areas, reports Yonhap news agency.On Monday, Lee held a bilateral summit with Indian Prime Minis…
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 …
Seoul, April 23 (IANS) The government here said on Thursday it will maintain the current price ceilings on fuel products for another two weeks considering international oil prices and demand-side controls.Maximum prices for regular gasoline, diesel and kerosene supplied to gas stations by local oil refineries will remain unchanged at 1,934 won (US$1.3), 1,923 won and 1,530 won per litre, respectively, for the next two weeks, according to the Ministry of Trade, Industry and Resources.It marks the…
New Delhi/Seoul, April 21 (IANS) HD Hyundai, South Korea’s leading shipbuilding conglomerate, said on Tuesday it has forged a partnership with Indian government-backed entities to establish a joint shipyard in India.HD Hyundai said it signed a memorandum of understanding (MOU) with NSHIP TN and Sagarmala Finance Corporation Ltd. (SMFCL) of India in New Delhi on Monday (local time) to cooperate in building a joint venture shipbuilding company, reports Yonhap News Agency.NSHIP TN (National Shipbui…
New Delhi, April 20 (IANS) South Korean President Lee Jae Myung said on Monday that he and Prime Minister Narendra Modi agree that India and South Korea can be most ideal partners for comprehensive cooperation to promote mutual growth and innovation. While addressing a joint press meet with PM Modi following their talks in New Delhi, President Lee announced that India and South Korea have agreed to upgrade economic cooperation framework to create new drivers for mutual growth. He stated that Ind…