India to become full member of SCO; Modi departs to attend summit on June 8-9
The Dollar Business Bureau Prime Minister Narendra Modi left for Kazakhstan on Thursday to attend the two-day summit of Shanghai Cooperation Organisation (SCO). During the summit to be held on June 8-9 in Astana, the capital city of Kazakhstan, India is set to become a member of the SCO. The Prime Minister will also attend the inauguration of the Astana Expo 2017 on Friday which is based on the theme of ‘Future Energy’ this year. “At this meeting, on completion of the process, India will become a full Member of the SCO upon which SCO will represent over 40% of humanity and nearly 20% of global GDP,” the PM wrote. “We launched the process of full membership in Tashkent meeting of the SCO last year. I look forward to deepening India’s ...
Modi reaches France, hold talks on terrorism, NSG with Macron
The Dollar Business Bureau On the fourth leg of his four-nation tour, Prime Minister Narendra Modi reached France today during which he will hold discussions with French President Emmanuel Macron on a number of major issues such as terrorism, climate change and India's membership bid for Nuclear Suppliers Group (NSG). “Reached France for a vital visit to enhance ties with one of our most important strategic partners,” Modi said in a tweet after landing in Paris. Modi arrived in France after concluding his Russia’s visit during which he had discussions with President Vladimir Putin and also attended the St Petersburg International Economic Forum. Modi started his four-nation tour with his visit to Germany, formsthen he visited Spain, and held talks with the leaders of the both the countries. During ...
India-Turkey review trade and security agreements
The Dollar Business Bureau Indian Prime Minister Narendra Modi and Turkish President Recep Tayyip Erdogan have recently held conversations and reviewed security and trade agreements with a view to improve trade between the two countries. The President’s first foreign visit, after the recent 16th April referendum was a closely observed spectacle as the two countries have observed an increase in bilateral trade and there was hope that this number could only be increased in recent times. Both leaders vowed to work together and to strengthen cooperation bilaterally and multi-laterally at a press conference organized during Erdogan’s first day in the capital. The discussion revolved around regional and international issues of mutual concern such as tackling counter-terrorism, regional security scenario and more importantly India's ...
India to give $3 mn grant, $81 mn credit to Rwanda
PTI India on Tuesday announced a grant of $3 million for medicines and purchase of medical equipment as well as a Line of Credit of $81 million for a road project in Rwanda as the two countries decided to collaborate closely to counter terrorism while stressing the need to isolate countries which support cross-border terrorism. After wide-ranging talks, Prime Minister Narendra Modi and Rwandan President Paul Kagame declared elevation of bilateral ties to "strategic partnership" while noting India's increasing engagements as a development partner of Africa. Terming terrorism as the single biggest global threat and recognising the need to isolate countries which support cross-border terrorism, the two sides also decided to collaborate closely on counter-terrorism including blocking financing of terrorist activities, removing ...
Modi in Vietnam; to discuss ways to boost defence
PTI Prime Minister Narendra Modi flew into the Vietnamese capital on his maiden visit to hold wide-ranging talks with the country's top leadership on ways to bolster strategic bilateral ties in key areas like defence, security, counter-terrorism and trade. "Reached Hanoi. This is a special visit & will go a long way in deepening the strong bond between India & Vietnam," Modi tweeted on Friday. The visit, that marks the first by an Indian premier to the country in 15 years, takes place on his way to Hangzhou, China to attend the G20 Summit beginning Sunday. Modi will hold extensive talks with Vietnamese Prime Minister Nguyen Xuan Phuc and call on President Tran Dai Quang tomorrow. He ...
PM asks Tanzania to open up for more investment from India
Source: PIB, Government of India. The Prime Minister, Narendra Modi (right) giving his statement to the media with the President of the United Republic of Tanzania, Mr. Jakaya Kikwete, at the Joint Press Briefing, in New Delhi on June 19, 2015. Source: PIB, Government of India. With trade over $4 billion heavily in India's favour, Prime Minister Narendra Modi urged Tanzania President Kikwete to open up more sectors in his country for investments and exports from India. "Indian investments in Tanzania exceed $3 billion and cover many areas. Indian investors are ready to invest more in Tanzania that would support Tanzania's development and trade," said the PM, adding "I offered our cooperation in the development of the potentially rich natural ...