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Union Minister of Commerce and Industry Piyush Goyal recently addressed the India-Middle East-Europe Economic Corridor (IMEC) High-Level Roundtable on Connectivity and Economic Growth in New Delhi, where he presented a comprehensive vision for this ambitious infrastructure project. Speaking at the event on April 16, 2025, Goyal characterised IMEC as a "powerful endorsement" of the leadership
US State Department spokesperson Tammy Bruce, in a press briefing on April 15, 2025, strongly defended President Donald Trump’s recent escalation of tariffs, emphasizing that only Trump possesses the “vision and courage to say enough is enough” regarding what she described as decades of unfair global trade practices.Bruce argued that Trump’s tariff strategy is a decisive effort to reverse the “
Union Minister for Agriculture and Farmers’ Welfare and Rural Development, Shivraj Singh Chouhan, is set to lead the Indian delegation at the 15th BRICS Agriculture Ministers’ Meeting scheduled for April 17, 2025, in Brasilia, Brazil.The meeting’s theme is "Promoting Inclusive and Sustainable Agriculture through Cooperation, Innovation, and Equitable Trade among BRICS Countries," reflecting a
China has reportedly instructed its domestic airlines to halt the delivery of Boeing jets and cease purchases of U.S.-made aviation parts. This decision comes amidst escalating tensions between the United States and China, following the Trump administration’s imposition of a 145% tariff on Chinese goods, which Beijing countered with retaliatory tariffs.The move is expected to significantly impact
Chinese President Xi Jinping’s state visit to Vietnam from April 14-15, 2025, marked a significant diplomatic effort to strengthen bilateral ties and address global trade challenges. During his meetings with Vietnamese leaders, including General Secretary To Lam and Prime Minister Pham Minh Chinh, Xi emphasized the need for both nations to oppose "unilateral bullying" and safeguard the stability
China’s major ports and export hubs are experiencing severe disruptions following the United States’ decision to raise tariffs on Chinese imports to 145%. This escalation in the trade conflict has led to widespread economic repercussions, particularly in provinces heavily reliant on exports like Zhejiang and Guangdong.By April 9, many cargo ships bound for the U.S. had ceased operations at key
External Affairs Minister (EAM) S. Jaishankar recently held a telephonic conversation with Oman’s Foreign Minister Badr Albusaidi, discussing regional developments. Jaishankar shared details of the exchange on X, expressing appreciation for the dialogue and emphasizing the importance of ongoing discussions amidst evolving geopolitical dynamics.This conversation follows significant developments in
Australian High Commissioner to India, Philip Green, has underscored the remarkable growth in trade relations between India and Australia over the past five years. Speaking at the 9th Carnegie Global Technology Summit, Green revealed that India’s exports to Australia surged by 66% during this period, significantly outpacing its 35% overall export growth globally.This acceleration reflects the
The ongoing US-China trade war has significant implications for India’s economy and trade, presenting both challenges and opportunities.India’s exports to China increased from USD 15.30 billion in FY23 to USD 16.65 billion in FY24, driven by commodities like iron ores, engineering goods, marine products, organic chemicals, and petroleum products.However, India continues to face its largest trade
External Affairs Minister S. Jaishankar recently held significant discussions with Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani, as well as Minister Anna Maria Bernini, during their meeting on April 11, 2025.The talks focused on strengthening bilateral cooperation across diverse sectors, including trade, investment, maritime security, technology, education, and culture. Both