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The Dollar Business Bureau  Switzerland’s President Doris Leuthard has started her three-day visit to India from Thursday, which is aimed at strengthening bilateral relations and to discuss regional and global issues of mutual interest.  The visit of Swiss President to India assumes high significance as India is looking for its entry into the Nuclear Suppliers Group (NSG), the 48-nation nuclear club, of which Switzerland is currently the chair.  Leuthard is accompanied by a huge business delegation and will hold discussions with Indian President Ram Nath Kovind, Vice-President M Venkaiah Naidu, Prime Minister Narendra Modi and External Affairs Minister Sushma Swaraj.  “Both countries share common views on many major global issues. The visit will provide an opportunity to both sides for holding wide-ranging discussions on bilateral, global and regional issues of mutual interest," according ...

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 ...

The Dollar Business Bureau Extending an olive branch to India, Chinese envoy Luo Zhaohui proposed a four-pronged plan to resolve disputes, and further a friendly Sino-Indian bilateral cooperation. “Firstly, start negotiation on a China-India Treaty of Good Neighbourliness and Friendly Cooperation. Secondly, restart negotiation of China-India Free Trade Agreement. Thirdly, strive for an early harvest on the border issue. Fourthly, actively explore the feasibility of aligning China’s ‘One Belt One Road Initiative, and India's 'Act East Policy',” Luo said, in his address to the United Service Institution on May 5, 2017. While many sensitive issues, including China’s opposition to India’s Nuclear Suppliers Group (NSG) membership, have put daylight between the two nations, this move showcases China’s willingness to meet India half-way through. Speaking ...

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 ...

The Dollar Business Bureau  India and China on Wednesday conducted a strategic dialogue to strengthen their bilateral relations. This is the first ever strategic dialogue between the two nations nearly 67 years after they established diplomatic relations, and the first ‘strategic dialogue meet’ after 30 bilateral dialogues that happened over the years. Many have labelled this visit by the Indian foreign secretary as a significant one albeit not as historic as Nehru’s visit in 1954 or Rajiv Gandhi’s visit in 1988 nor the recent visit by PM Modi in 2015, but significantly important and strategic enough for the world to sit up and notice. The foremost agenda of the foreign secretary is to try and understand China’s reluctance to support India’s membership ...

The Dollar Business Bureau A fresh draft proposal that is circulated among the member states of Nuclear Suppliers Group (NSG) in early December could pave the path for India to become a member of this elite group, however, this is unlikely to take place before the end of Obama administration next month.  The push from the US for India to become a member of the Group would now have to be taken over by the incoming president Donald Trump as the outgoing President Barack Obama is unlikely to fulfill the promise made to the Narendra Modi Government before its tenure ends on January 20, according to sources. A draft formula for the membership of NSG to countries such as India and Pakistan which are not ...

Manish K. Pandey | The Dollar Business Amid all the hullabaloo over demonetisation of Rs.500 and Rs.1,000 bank notes in India and Donald Trump winning US Presidential Election 2016, one vital news that couldn’t dominate headlines was the ‘Indo-Japan Nuclear Deal’. It isn’t just another civil nuclear deal between two nations. Though India has signed similar deals in the past with other countries including France, US, Canada, UK, South Korea and Australia, this one with Japan is special. The exchange of papers makes India the first non-NPT (Treaty on the Non-Proliferation of Nuclear Weapons) nation to sign a civil nuclear agreement with Japan, a country which is the only victim of nuclear weapons and as such has always been wary of signing ...

PTI China today sharply criticised calls for boycott of Chinese goods in India, saying it can only satisfy "personal vendettas" of some politicians at the cost of close bilateral ties and called on India to take measures to minimise any "repercussions". The products that China exports to India fulfill the needs of the local market, Shen Danyang, the spokesperson for China's Ministry of Commerce was quoted as saying by state-run People's Daily online. "Thus, a boycott of Chinese products would only satisfy some politicians' personal vendettas at the cost of close ties between the two countries," he said. As two rapidly growing economies, China and India must cooperate on economy and trade, he said. "China hopes India will take the necessary actions to minimise any ...