With China as the elephant in the room, India-Japan strategic ties are moving to the next level
What Trade Patterns Reveal About South Asia’s Economic Future
One of the most striking features of South Asian trade is how little the region trades internally. Intra-regional trade within South Asia remains among the lowest in the world relative to geographic proximity. Political tensions — especially between India and Pakistan — have prevented the emergence of a deeply integrated regional production system comparable to ASEAN or the European Union. This is a major missed opportunity.
The West Asia Conflict: Challenging Times for Indian Economy
Scarcity of cooking fuel is pushing people, particularly across South Asia, toward hunger. Livelihoods have been lost among the large unorganised labour force while thousands of self-employed street vendors, smaller restaurants and eateries are being forced to close shop, facing a scary, insecure future. For middle class households across India, everyday snacks like the samosa or dosa have become scarce because of shortage and high prices of cooking gas cylinders.
New EU Medicines Law Could Impact FTA With India
India is one of the world’s largest suppliers of generic medicines and APIs to Europe. If the EU begins favouring “Made in EU” pharmaceutical production through procurement preferences, subsidies or state aid, Indian drug manufacturers could face reduced access to EU public procurement contracts and tougher supply-chain resilience requirements.
Caught in Geopolitical Quagmire, West Asia Crisis Looms Large Over Indian Supply and Demand Metrics
India’s pharma export market has been affected as India supplies medicines to more than 200 countries. Supply chain interruption not only hurts Indian producers but also creates medicine scarcity in the US, UK, and African markets that highly depend on Indian generics. From the logistics end, re-routing of cargo away from conflict-ridden corridors such as the Red Sea and Strait of Hormuz has increased freight insurance premiums, distressing Indian exporters who function on lean cost structures.
More on Geoeconomics, Trade and Development
Chinese army vacating Finger 4 area of Pangong Lake, says India
The Chinese People's Liberation Army is finally vacating Finger 4 area on the northern bank of Pangong lake that it had occupied last year and changed the status quo on the Line of Actual Control with India
China-funded nephrology hospital completed in Sri Lanka
The construction of a China-funded National Nephrology Hospital in Polonnaruwa district of the north-central region of Sri Lanka has been completed, reported Newswire
Another Chinese vaccine gets nod for emergency use in Pakistan
The Drug Regulatory Authority of Pakistan (DRAP) has issued emergency use authorisation to the COVID-19 vaccine by Chinese company Cansino Biologics Inc, officials said, adding the supply of the doses will begin in a few weeks
India has 'given in' to China's 1959 claim on LAC: Former general
Though the Modi government has trumpeted the India-China disengagement along the Line of Actual Control (LAC) in Ladakh as a victory, Indian Army veteran, Lt. Gen. H.S. Panag, called it pragmatic acceptance of weakness and Beijing's 1959 claim
Indian and Chinese troops begin frontline thinning at disputed LAC
After nine months of standoff and nine rounds of military talks, disengagement by Indian and Chinese frontline troops from the flashpoints at Pangong Lake in eastern Ladakh began on Wednesday, with officials on both sides claiming that the process is taking place in a step-by-step manner
China, India in troop withdrawal along LAC, says Beijing
China and India on Wednesday began their simultaneous withdrawal of troops along the Line of Actual Control (LAC) in Ladakh, according to an official statement issued by the Chinese government
US to stand by India in face of China's aggressive action
In the face of China's aggressive actions against India, the US will stand with New Delhi, according to State Department spokesperson Ned Price
80 Chinese companies still 'active' in India
As the Indian government pushes the 'Aatmanirbhar Bharat' vision, official data show that about 80 Chinese companies established in India are 'active' currently
Pakistani politician glosses over plight of Uyghur Muslims, praises Xinjiang's 'development'
A Pakistani politician is receiving high praise from China for his comments on "economic development and progress" in the Xinjiang Uyghur Autonomous Region, an area in Western China infamous for crimes against humanity committed against Muslim Uyghurs and other members of ethnic and religious minority groups
Chinese company threatens international arbitration over delayed CPEC project
In the latest development, Chinese company Pak Matiari- Lahore Transmission Company (PMLTC), which completed ±660kV Matiari-Lahore HVDC Transmission Project with investment of $2.2 billion in two years time, has threatened to move the international arbitration court against the government-owned company National Transmission Dispatch Company (NTDC) for creating hurdles in the commissioning of the project
China terms Indian minister's statement as 'unwitting confession'
Minister and former Indian Army chief Gen (retd) V.K. Singh's comment about Indian troops crossing the Line of Actual Control (LAC) has sparked a war of words between the two countries, prompting Beijing to blame New Delhi for the military tension on the borders
Nepal's trade with China struggles to bounce back
When the Tatopani-Khasa border point reopened on May 29, 2019, after remaining closed for four years following the 2015 earthquakes, there were hopes that bilateral trade with China would bounce back
China’s CanSino Covid vaccine efficacy in Pakistan almost 75%: PM's aide
Special Assistant to the Prime Minister (SAPM) on Health Dr Faisal Sultan on Monday said that CanSino Biologics Inc’s coronavirus shot has an efficacy rate of 65.7% at preventing symptomatic cases based on multi-country analysis, making it the latest vaccine candidate to show protection against COVID-19
China donates COVID-19 vaccine for Pakistan's armed forces
The Inter-Services Public Relations (ISPR) said that the People's Liberation Army (PLA) had donated vaccines, making Pakistan's military the first foreign military to receive vaccine assistance from Beijing
