Trump targets India on high tariffs, vows to reciprocate

AFTER CALLING India a “tariff king” and a “trade abuser” in the run-up to the US presidential elections, Republican nominee and former president Donald Trump has now vowed to introduce a reciprocal tax against India if elected to office next month. Speaking in Detroit, Trump said the US is liberal when it comes to tariffs, […]

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Pakistan, Saudi Arabia sign MoUs valuing $2.2bn in multiple sectors

Pakistan and Saudi Arabia signed 27 memorandums of understanding (MoUs) worth $2.2 billion in various sectors on Thursday. Last night, a high-powered Saudi delegation led by its Minister for Investment Sheikh Khalid Bin Abdul Aziz Al Faleh arrived in Islamabad on a three-day official visit. Prime Minister Shehbaz Sharif, Al Faleh and Chief of Army […]

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Sri Lanka explores trade and investment opportunities in Gothenburg

Ambassador of Sri Lanka to Sweden Kapila Fonseka successfully concluded a two-day official visit to Gothenburg, the second largest city of Sweden, last week. The purpose of the visit was to engage with key stakeholders including Swedish government officials and business leaders to strengthen economic and trade relations between Sri Lanka and Gothenburg, and to […]

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Pres assures no agreement with India compromising Maldives

President Dr. Mohamed Muizzu, who is currently on an official state visit to India, has assured that the Maldives has not entered into any agreement with its neighbor that would compromise the island nation’s sovereignty and independence. He gave the assurance during a meeting with Maldivian citizens in Bangalore on Wednesday. His assurance was directed […]

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Pakistan to sign agreements worth $2 billion with Saudi Arabia, says PM Shehbaz

Pakistan is scheduled to sign agreements worth around $2 billion with a visiting Saudi delegation later this month, Prime Minister Shehbaz Sharif said on Tuesday. A delegation from Saudi Arabia is expected in the country before the Shanghai Cooperation Organisation (SCO) meeting that the country is hosting from Oct 15-16, he said. The Saudi delegation, […]

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Maldives launches India’s RuPay service

Maldives has launched India’s RuPay service in a move aimed at bolstering the Maldivian Rufiyaa. A product of the National Payments Corporation of India (NPCI), the RuPay card is a first-of-its-kind global card payment network in India, with wide acceptance at ATMs, POS devices, and e-commerce websites across India. It facilitates electronic payments at almost […]

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India-Maldives signed an exchange agreement worth 400 million dollars

India-Maldives are mending the old bitter relationship. Both countries are committed to strengthening mutual friendship by forgetting old conflicts. Maldives President Mohammad Muijju arrived in Delhi on Sunday with his wife on a five-day state visit. He was given a formal reception at Rashtrapati Bhavan as usual on Monday. At that time, the two leaders […]

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Under the pretext of phytosanitary concerns, Russia halts the export and transit of grain from Kazakhstan

Russia has effectively stopped the export and transit of Kazakh grain.  The Federal Service for Veterinary and Phytosanitary Supervision of Russia (Rosselkhoznadzor) requested that Kazakhstan suspend the issuance of phytosanitary certificates for grain and its processed products, sunflower seeds, and other agricultural crops exported to Russia, Fergana reports, citing Kazakh media. Kazakhstan’s Ministry of Agriculture received this […]

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Maldives President Muizzu rules out IMF bailout program; confident that India will assist

Maldives President Dr. Mohamed Muizzu has ruled out the possibility that Maldives might have to opt for a bailout program from the International Monetary fund (IMF) amid an economic crisis while expressing confidence that neighboring India will provide assistance to the island nation. The President, on Sunday, traveled to India for his first state visit […]

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Mongolia and the US Hold Dialogue on Investment in Clean and Renewable Energy

Mongolia and the United States of America held an Energy Dialogue on October 1, 2024, at the Ministry of Foreign Affairs of Mongolia in Ulaanbaatar. The dialogue was attended by State Secretary of the Ministry of Foreign Affairs Munkhtushig Lhanaajav, State Secretary of the Ministry of Energy Tavinbekh Nansal, and Acting State Secretary of the Ministry of […]

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