Trump delivers fresh tariff threats against EU and China

U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.S. via Mexico and Canada. Trump voiced his latest tariff threats in remarks to reporters at the White House […]

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China may seek more coal from Mongolia as Russia’s share shrinks

China’s record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes actually fell. Now that Chinese demand is flattening, Mongolia could be best placed to hold or even grow its market share in its southern neighbor at Russia’s expense. While total imports surged 14% to 543 […]

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China agrees to extend loan repayment period by 10 years for Bangladesh

China has agreed to extend the loan repayment period for Bangladesh from 20 years to 30 years for both the Preferential Buyer’s Credit (PBC) loan and Government Concessional Loan (GCL). Praising Bangladesh’s good track record in loan repayment, Chinese Foreign Minister Wang Yi agreed in principle to extend the loan repayment period during a bilateral […]

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Agreement on Air Relations Signed between Mongolia and Kuwait

State Secretary of the Ministry of Road and Transport Batbold Sandagdorj and President of the Kuwait Directorate General of Civil Aviation (DGCA) Sheikh Humoud Mubarak Al-Jaber Al-Sabah signed an Agreement on Air Relations between the Government of Mongolia and the Government of Kuwait on January 19, 2025, in Kuwait City. The Agreement establishes a legal […]

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Uzbekistan and India to collaborate on manufacturing transport vehicles

Uzbekistan’s Ambassador to India, Sardor Rustamboyev, held negotiations with Ashok Hinduja, Chairman of Hinduja Group – India, and Prakash Hinduja, Chairman of Hinduja Group – Europe. The representatives of Hinduja Group highlighted that the ongoing reform process in Uzbekistan provides a strong foundation for various major international companies with high global ratings to enter the […]

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Singapore Prez visit historic: CM; says MoUs signed to bring investments

Terming Singapore President Tharman Shanmugaratnam’s visit historic, chief minister Mohan Charan Majhi on Saturday said the MoUs signed with that country would attract investments to Odisha, which aspires to be a developed state by 2036. “Through these eight MoUs, we aim for eight clear-cut outcomes for Odisha. Once these are implemented, our state will be on par with […]

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Mongolia and the Republic of Türkiye Establish a Strategic Partnership

At the invitation of President of the Republic of Türkiye Recep Tayyip Erdoğan, President of Mongolia Khurelsukh Ukhnaa is paying a State Visit to the Republic of Türkiye on January 15-19, 2025. During the State Visit, the two sides signed 11 cooperation documents, aiming at expanding and developing relations and cooperation between the two countries. President of Mongolia Khurelsukh Ukhnaa […]

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China Inks $3.7 Billion Oil Deal With Sri Lanka

China has offered to invest $3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island nation, to build a state-of-the-art oil refinery at Hambantota as the two countries signed a new plan to upgrade BRI cooperation during Sri Lankan President Anura Kumara Dissanayake’s state visit to China. On Thursday, Dissanayake […]

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Sri Lanka and China agree on early conclusion of comprehensive FTA

Sri Lanka and China have agreed to work towards the early conclusion of a comprehensive Free Trade Agreement (FTA) in “one package” in line with the principles of equality, mutual benefit and win-win outcomes. In a joint statement issued by both countries during Sri Lanka’s President Anura Kumara Dissanayake’s state visit to China, the two […]

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