Modi to meet Putin on Thursday to patch up Indo-Russian ties
The Dollar Business Bureau Prime Minister Modi is on his 6 day tour of 4 nations. On Thursday he is likely to meet President Vladimir Putin seeking to rejuvenate the friendship that India shared with Moscow sometime back. Both the leaders are actively looking to revive the slagging trade between the two countries and resolve the differences over their recent change in global alliances when they meet ahead of a summit in St Petersburg on Thursday. India was a close ally of Russia during the Cold War and Russia was India's largest trading partner, largest arms supplier, providing everything and anything to do with India's defence needs. The relationship underwent a transformation with the collapse of the USSR and India favouring the West to ...
Delegation talks between India -Iran to improve trade
The Dollar Business Bureau With an aim to improving the bilateral trade, Sushma Swaraj organized a delegation level talk with Javed Zarif, her counterpart from Iran. Presently, Swaraj is on a two-day visit to Tehran. The Ministry of External Affairs (MEA) Spokesperson Vikas Swarup tweeted, “A conference of civilizations. EAM @SushmaSwaraj and FM @JZarif hold delegation level talks on India Iran relations.” Swaraj started the engagement in Tehran by visiting a Gurudwara and a community school. “The Gurudwara, established in 1941, and the Indian school cater to the needs of the vibrant community in Tehran,” he said “Returning an important call. After FM @JZarif’s visit to Delhi last year, he receives EAM at the Foreign Ministry,” Vikas said in a series of tweets. Swaraj assured the ...
The International North-South Corridor key to Indias trade
The Dollar Business Bureau As highlighted in the Foreign Trade Policy of India, 2015-20, The International North-South Transport Corridor (INSTC) - a multi-modal trade transport network that includes rail, road, and water transport from Mumbai in India via Bandar Abbas in Iran to Moscow in Russia can be a game-changer for India in promoting its trade and investment links with Central Asia. A current-affairs magazine on the Asia-Pacific region reported that the network could be used to explore further options for developing connectivity with other countries such as Turkey and in Eastern Europe. It could facilitate India’s economic integration with Eurasian economies and other countries in surrounding regions. The INSTC has particular economic and strategic relevance to India given the ...
