Latest Trade News & Updates

New Delhi, April 4 (IANS) India and Bangladesh are set to lay down a new roadmap in terms of cooperation relating to security, counter-terrorism, and connectivity.Ties between India and Bangladesh were fully reset following the elections in which the Bangladesh Nationalist Party’s (BNP) Tarique Rahman was elected as Prime Minister.The back channels had worked overtime to ensure this reset, and now, the visit by Bangladesh’s Foreign Minister Khalilur Rahman to India will be watched with keen …

Seoul, April 3 (IANS) South Korean President Lee Jae Myung said on Friday that he and French President Emmanuel Macron agreed to work together to secure the safe passage through the Strait of Hormuz and mitigate the broad impact from the war in the Middle East.Lee addressed concerns over uncertainties in global energy supply chains following summit talks with Macron, during which the two leaders discussed ways to deepen economic ties and strengthen coordination on security issues.”President Macr…

New Delhi, April 1 (IANS) Civil Aviation Minister Ram Mohan Naidu on Wednesday said our airports are India’s identity card to the world, with global standards of innovation and architecture deeply rooted in local heritage, signifying ‘Vikas Bhi Virasat Bhi’.Speaking at the 31st Annual Day of the Airports Authority of India (AAI) here, he said AAI stands as the backbone of Prime Minister Narendra Modi’s UDAN vision by making air travel accessible across the vast and varied terrains of the…

Beijing, April 1 (IANS) Chinese Belt and Road projects tied to Iranian ports, rail corridors, and energy infrastructure are now facing heightened instability and security risk amid the escalating conflict in West Asia. The vision of a secure overland energy corridor from Iran to China “insulated from US naval power” has given way to uncertainty, marking a sharp strategic setback for Beijing, a report has stated.”China stands to lose heavily, both materially and geopolitically, from the devastati…

Seoul, March 31 (IANS) The government will operate a crude oil swap system with private companies, starting Tuesday, in a bid to help oil refineries secure alternative oil supplies and minimise supply disruptions, the industry ministry said.Under the system, set to run over the next two months, the government will lend some of its oil reserves, mostly Middle Eastern crude, to oil refineries and later restore the stock with alternative supplies secured by the companies, reports Yonhap news agency…

Bhopal, March 30 (IANS) Chief Minister Mohan Yadav will attend the ‘Madhya Pradesh-Uttar Pradesh Cooperation Conference’ in Varanasi, Uttar Pradesh, on Tuesday. The conference, aimed at strengthening partnerships in trade, investment, and skills between the two neighbouring states, will also witness the signing of agreements between the Madhya Pradesh and Uttar Pradesh governments across several sectors, including trade, industrial investment, skill development, handicrafts promotion, and to…

Colombo, March 29 (IANS) China will materially and geopolitically lose heavily from the attack which the US and Israel have launched on Iran, as amid the ongoing conflict, its Belt and Road Initiative (BRI) projects related to Iranian ports, rail corridors and energy infrastructure face increased instability and security risk, as per a report. “Located at the crossroads of global commerce, the countries in the Middle East are a logistical bridge and an emerging ground for strategic investments. …

Washington, March 28 (IANS) US President Donald Trump highlighted a sweeping set of tax cuts, trade gains and regulatory rollbacks aimed at American farmers, telling a large gathering at the White House that his administration had “delivered” after what he described as years of policy setbacks.Addressing what he called the “single largest gathering of American farmers that the White House has ever seen,” Trump said his administration had already provided “$12 billion” in support and …

Washington, March 28 (IANS) US President Donald Trump said he plans to visit China soon, highlighting his strong personal relationship with President Xi Jinping while emphasising that the United States continues to compete with Beijing on trade and economic policy.Speaking at the Future Investment Initiative summit in Miami, Trump said he maintains a close relationship with Xi. “I get along really well with him,” he said, citing cooperation on issues including a deal involving TikTok.Trump s…

Washington, March 27 (IANS) China is recalibrating its approach to the Iran conflict, signalling support for de-escalation as it prepares for high-stakes talks with the United States, a former senior US government official said.The remarks come as President Donald Trump plans a visit to China next month, even as the conflict in the Gulf continues to escalate.“It was quite remarkable that the President was prepared to go to China, really, in the middle of this substantial war,” the former off…