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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
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Opinion | Modi-Putin Should Consider Something: Balancing China Together
While China's calling card is its massive investments and the BRI, Russia and India can leverage their position through joint efforts towards invigorating trade and investments in Central Asia, the ASEAN region, and even South Asia.
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Chabahar Port Could Improve India-Central Asia Trade Ties: President Kovind
President Ram Nath Kovind on Saturday said that the Chabahar port built by India in Iran could be used to improve trade relations between India and the Central Asian countries.
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Bangladesh Is India's South Asian Largest Trade Partner: Foreign Secretary
With Bangladesh being the central pillar of India's Neighbourhood First policy, Dhaka is New Delhi's largest trade partner in South Asia and bilateral trade between the two countries grew at an unprecedented rate of 14 per cent during the pandemic.
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UAE Firm Files 74 Billion Lawsuit Against Pakistan's Central Bank: Report
An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported.
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Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown
Bitcoin price stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low.
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India Proposes To Enhance Trade With Central Asia Through Chabahar Route
Pointing to the lack of efficient overland connectivity between India and the Central Asian countries, Foreign Minister S Jaishankar on Thursday said that the two regions should examine the viability of establishing air corridors between them to boost trade and economic engagement.
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Budget 2019: Language, Banking System Impending Trade With Central Asia, Says Piyush Goyal
Commerce Minister Piyush Goyal said in Lok Sabha on Wednesday. He said efforts are being made to boost trade by resolving various trade related matters through existing institutional mechanisms between India and central Asian countries.
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India Needs Pakistan For Economic Access To Europe: Former Pak NSA
India must maintain a relationship of respect with Pakistan as its rapidly growing economy needs access to the markets of Europe and Central Asia via Pakistan is the only country which could provide this, former National Security Advisor Nasser Janjua has said.
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Shipping Goods To Central Asia Via Iran To Be Possible By January
Having acceded to the United Nations' convention on international transport of goods, India will ship its first consignment to Russia or Turkey via Iran on January 15, cutting down the transport cost and time by half.
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Iran's Chabahar Port, "Made By India" To Bypass Pakistan, Opened: 10 Points
The first phase of a strategic Iranian port -- which India is developing to open a trade route to Afghanistan and central Asia, bypassing Pakistan -- was inaugurated today. The Chabahar port is crucial as Pakistan does not allow India to send goods to Iran and Afghanistan through its territory by land. It is also expected to act as a counter to the...
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Afghanistan Can Use Wagah For Exports, But Can't Import From India: Pakistan
Pakistan has not stopped Afghan traders from moving products to India through the Wagah border, authorities said after Afghan President Ashraf Ghani warned Islamabad to open the land border or lose transit route to Central Asia.
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Asia Stocks Mark Time Before Janet Yellen Speech; Dollar Firm
Asian stocks edged higher but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting.
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Brexit Mess Boosts Prospects Of Asia Central Bank Easings
Britain's vote to leave the European Union has ramped up the urgency for some Asian central banks to ease monetary policy, as a prolonged period of uncertainty threatens a wider downshift in trade and investment.
-
Asia Stocks Hesitant, Dollar Knocked After Poor US Data
The dollar's retreat provide some respite to the euro, which has been battered recently by prospects of the European Central Bank rolling out more stimulus at its policy meeting on Thursday. The common currency traded above $.10600, pulling back from a 7-1/2-month low of $1.0557.
-
As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
-
Opinion | Modi-Putin Should Consider Something: Balancing China Together
While China's calling card is its massive investments and the BRI, Russia and India can leverage their position through joint efforts towards invigorating trade and investments in Central Asia, the ASEAN region, and even South Asia.
-
Chabahar Port Could Improve India-Central Asia Trade Ties: President Kovind
President Ram Nath Kovind on Saturday said that the Chabahar port built by India in Iran could be used to improve trade relations between India and the Central Asian countries.
-
Bangladesh Is India's South Asian Largest Trade Partner: Foreign Secretary
With Bangladesh being the central pillar of India's Neighbourhood First policy, Dhaka is New Delhi's largest trade partner in South Asia and bilateral trade between the two countries grew at an unprecedented rate of 14 per cent during the pandemic.
-
UAE Firm Files 74 Billion Lawsuit Against Pakistan's Central Bank: Report
An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported.
-
Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown
Bitcoin price stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low.
-
India Proposes To Enhance Trade With Central Asia Through Chabahar Route
Pointing to the lack of efficient overland connectivity between India and the Central Asian countries, Foreign Minister S Jaishankar on Thursday said that the two regions should examine the viability of establishing air corridors between them to boost trade and economic engagement.
-
Budget 2019: Language, Banking System Impending Trade With Central Asia, Says Piyush Goyal
Commerce Minister Piyush Goyal said in Lok Sabha on Wednesday. He said efforts are being made to boost trade by resolving various trade related matters through existing institutional mechanisms between India and central Asian countries.
-
India Needs Pakistan For Economic Access To Europe: Former Pak NSA
India must maintain a relationship of respect with Pakistan as its rapidly growing economy needs access to the markets of Europe and Central Asia via Pakistan is the only country which could provide this, former National Security Advisor Nasser Janjua has said.
-
Shipping Goods To Central Asia Via Iran To Be Possible By January
Having acceded to the United Nations' convention on international transport of goods, India will ship its first consignment to Russia or Turkey via Iran on January 15, cutting down the transport cost and time by half.
-
Iran's Chabahar Port, "Made By India" To Bypass Pakistan, Opened: 10 Points
The first phase of a strategic Iranian port -- which India is developing to open a trade route to Afghanistan and central Asia, bypassing Pakistan -- was inaugurated today. The Chabahar port is crucial as Pakistan does not allow India to send goods to Iran and Afghanistan through its territory by land. It is also expected to act as a counter to the...
-
Afghanistan Can Use Wagah For Exports, But Can't Import From India: Pakistan
Pakistan has not stopped Afghan traders from moving products to India through the Wagah border, authorities said after Afghan President Ashraf Ghani warned Islamabad to open the land border or lose transit route to Central Asia.
-
Asia Stocks Mark Time Before Janet Yellen Speech; Dollar Firm
Asian stocks edged higher but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting.
-
Brexit Mess Boosts Prospects Of Asia Central Bank Easings
Britain's vote to leave the European Union has ramped up the urgency for some Asian central banks to ease monetary policy, as a prolonged period of uncertainty threatens a wider downshift in trade and investment.
-
Asia Stocks Hesitant, Dollar Knocked After Poor US Data
The dollar's retreat provide some respite to the euro, which has been battered recently by prospects of the European Central Bank rolling out more stimulus at its policy meeting on Thursday. The common currency traded above $.10600, pulling back from a 7-1/2-month low of $1.0557.
