PM Modis 4 day Europe tour, FTAs, trade talks to take precedence
Sheela Mamidenna Earlier in 2017, the Prime Minister Narendra Modi while addressing a geopolitical conference said, “Our economic and political rise represents a regional and global opportunity of great significance. It is a force for peace, for stability and an engine for regional and global prosperity. For my government, this has meant a path of international engagement focussed on building development partnerships that extend from the islands of the Indian Ocean and Pacific to the islands of the Caribbean and from the great continent of Africa to the Americas. Creating Indian narratives on global challenges.” Well, for that matter, trade agreements play an important role in leveraging a country’s economic growth. Concurring to it, our globetrotting Prime Minister has made more than ...
India, Russia review joint projects before Modi-Putin summit
The Dollar Business Bureau As India and Russia gear up for a summit on June 1 between Prime Minister Narendra Modi and Russian President Vladimir Putin, the two sides on Wednesday agreed to take forward joint projects in various sectors such as nuclear energy and collaborative projects in other countries. Both sides reviewed the progress on implementation of several key joint initiatives in economic areas at the India-Russia Inter-Governmental Commission on Trade, Economic and Cultural Cooperation (IRIGC-TEC) meeting, a forum for addressing key issues related to bilateral ties. During the meet, there was convergence of interests and views on a range of issues, according to a statement by the Ministry of External Affairs (MEA). The meeting was co-chaired by Indian External Affairs Minister Sushma Swaraj and Russia’s ...
India aims for Kudankulam units 3, 4 by year-end: Putin
The Dollar Business BureauIndia and Russia are all set to ink the general framework agreement for the construction of the third and the fourth units of the Kudankulam Nuclear Power Plant (KNPP) by 2016 end. On Wednesday, Prime Minister Narendra Modi, Russian President Vladimir Putin and Tamil Nadu Chief Minister Jayalalithaa on Wednesday held a video conferencing event to indicate this development, while dedicating the Kudankulam Nuclear Power Plant, nearly 28 years since it was first proposed, to the entire nation. The Russian President underlined that the work for the third and the fourth units has already begun at the site in February. "We expect that by this year-end the general framework agreements will be signed," Putin said. After India inked the nuclear ...
Indo-Japan N-deal to boost Indias renewable energy plans: IEA
Source: PTI India’s recent agreement with Japan on developing environmentally-friendly nuclear energy for civilian use is the right step and will boost the country's renewable energy plans, the IEA said in Singapore on Friday. “We support India’s renewable energy plans, the building of solar industry hub in the country and its approach to nuclear as a civic energy source,” International Energy Agency executive director Fatih Birol told PTI after launching the 2015 medium term market report for coal in Singapore. Paris-based IEA is an autonomous intergovernmental organisation which works to ensure reliable, affordable and clean energy for its 29 member countries and beyond. Birol said that India with its right safety policies will work out nuclear energy deal with the rest of ...
Untapped potential still exists in Indo-Russian cooperation: President
The Dollar Business Bureau India and Russia made a significant progress in various fields, however, there is still a considerable untapped potential for further strengthening our partnership. This was stated by President Pranab Mukherjee as he spoke on the sidelines of his recent visit to Russia with a Russian news agency, said an official release. “India and Russia have made significant progress in cooperation in defence and nuclear energy in the recent years,” said the President , while speaking on the substantial progress achieved by both the countries through bilateral cooperation in various fields. Stating that nuclear energy is an important component of India’s energy security strategy, the President expressed India’s deep value for exchanges with Russia in nuclear ...