Auckland, July 10 (IANS) As the US-Iran tensions threaten the global supply chain once again, New Zealand’s Minister for Trade and Investment, Todd McClay, said on Friday that New Delhi and Wellington are going to build new connectivity links, along with shipping routes being firmed up between the two nations.In an interaction with IANS, McClay said, as we see a flare-up in the Middle East again, “we would like peace to be there and issues to be worked out around the negotiating table”.He furthe…
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Auckland, July 10 (IANS) Prime Minister Narendra Modi on Friday thanked his New Zealand counterpart, Christopher Luxon, for welcoming him at the airport as he arrived at Auckland for the final leg of his three-nation visit and said that he looked forward to holding discussions with him on bilateral ties. PM Modi termed his visit “historic” as it is the first visit by an Indian PM to New Zealand in 40 years.PM Modi arrived in New Zealand on Friday after concluding his three-day visit to Australia…
Auckland/New Delhi, July 10 (IANS) The India-New Zealand Free Trade Agreement is one of the highest-quality trade deals negotiated by either country and will significantly boost bilateral trade and cooperation across sectors ranging from technology to science and culture, New Zealand Trade and Investment Minister Todd McClay said on Friday.In an exclusive interview with IANS, McClay said the agreement will enable companies in India and New Zealand to build long-term, sustainable relationships wh…
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 …
Washington, July 9 (IANS) Global economic institutions said that the world economy has remained broadly resilient despite the shock from the war in the Middle East, but warned that uncertainty remains high and urged continued international cooperation to safeguard trade, energy supplies and economic stability. The International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group (WBG) and World Trade Organization (WTO) issued a joint statement after a meeting of their high-l…
Washington, July 8 (IANS) India on Wednesday strongly opposed the proposed 12.5 per cent additional US tariff on its exports during a US Trade Representative (USTR) Section 301 hearing, arguing that the investigation lacks a legal and factual basis and warning that the proposed action would disrupt supply chains without advancing efforts to eliminate forced labour.Appearing before the USTR hearing panel, Dr Brij Mohan of the Ministry of Commerce and Industry said India objected to the proposed c…
Jakarta, July 7 (IANS) Prime Minister Narendra Modi on Tuesday expressed gratitude to the Indonesian government and President Prabowo Subianto after being conferred the country’s highest honour, the ‘Bintang Adipurna of the Republic of Indonesia’, calling it a tribute to “historic and deeply-rooted ties” between the two nations. Describing the award as a tribute to the longstanding friendship between India and Indonesia, he said the honour belonged to the people of India and reflected the deep a…
New Delhi, July 4 (IANS) The High Commissioner of Seychelles to India, Lalatiana Accouche, on Saturday said that Prime Minister Narendra Modi encouraged the archipelago to increase bilateral trade during his recent visit to the country.“It was a big honour for Seychelles to have Honourable Prime Minister Narendra Modi Ji last week until Monday on a State Visit and as our guest of honour for the 50th anniversary of independence of Seychelles,” the High Commissioner said. “It has been not on…
Srinagar, July 4 (IANS) Jammu and Kashmir Chief Minister Omar Abdullah on Saturday expressed gratitude to the Union government for its prompt and positive response to concerns regarding the closure of Srinagar airport. The Chief Minister’s office has said, “The Chief Minister (Omar Abdullah) has expressed gratitude to the Union government for its prompt and positive response to the concerns regarding the proposed runway closure at Srinagar Airport.””The Chief Minister had personally taken up the…
Washington, July 3 (IANS) US President Donald Trump pointed to India as one of the world’s fastest-growing major economies, arguing that the United States should be achieving much higher economic growth instead of being constrained by concerns over inflation and interest rates.In an interview with CNBC, Trump praised India’s economic performance while criticising the US Federal Reserve for what he described as an overly cautious approach to monetary policy.”You have a couple of countries, India …