Sri Lanka has awarded the contract for developing the second phase of the East Coast Terminal (ECT) of Colombo Port to China Harbour Engineering Company (CHEC)
Strong Defence Ties, Yet Limited Trade: The India–Vietnam Economic Puzzle
One highlight is VinFast, Vietnam's electric vehicle producer, announcing an investment commitment of US$500 million for a manufacturing plant in Tamil Nadu in south India. The company has also engaged its Indian supply chain with more than 300 local suppliers, aligning with the host country’s domestic industrialization agenda.
Sri Lanka’s Indirect Taxes are Among the Highest in the World: Negatively Impacting Middle Class
Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.
Building ASEAN–India Integration Through Digitalization: A Bridge to Strengthen Economic Relations with Southeast Asia
ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.
India's Poverty Reduction: But Is It Translating into Shared Economic Prosperity?
India has demonstrated that economic growth, social transfers and improved access to essential services can substantially reduce extreme deprivation. But the next stage will be considerably more demanding. It requires a different pattern of growth: one that creates productive jobs, raises real wages, increases women's economic independence and distributes the gains from growth more widely
More on Geoeconomics, Trade and Development
'India carefully re-examining trade, investment ties with Beijing'
In the wake of China’s “aggressive posture” and its attempts at “multiple transgressions along the border” last year, India is very carefully examining its options with regard to its trade and investment ties with Beijing to ensure that New Delhi’s “integrity and security remain intact”, Indian Foreign Secretary Harsh Vardhan Shringla said on Wednesday
Local anger boils in Pakistan’s Gwadar port town against CPEC projects
Gwadar, a southwestern port city in Pakistan, has been witnessing prolonged protest as locals staged sit-in on a key highway demanding the removal of security checkpoints, end to electricity shortage, and illegal fishing
India-China ties going through 'bad patch; India's interests will be served by 'much closer' ties with the US: Foreign Minister
India and China are going through “a particularly bad patch” in their relationship because Beijing has taken actions “for which they still don’t have a credible explanation”, and the Chinese leadership has to take a call on where they want to take the bilateral ties, External Affairs Minister S Jaishankar said on Friday
Fertiliser dispute: Colombo court extends ban on payment to Chinese company
Tensions between Sri Lanka and China over a shipment of rejected fertiliser continued to simmer as the Commercial High Court on Friday extended an interim order preventing the payment to China’s Qingdao Seawin Biotech Group Co. Ltd
India, China agree to hold next round of military talks on their border dispute
India and China on Thursday agreed on the need to find an early resolution to the remaining issues along their Line of Actual Control (LAC) in Eastern Ladakh and to hold the next round of the senior commanders meeting at an early date
Tensions rise between China, Sri Lanka over rejected fertiliser shipment
Tensions ratcheted up between Sri Lanka and China over a shipment of rejected fertiliser, with Sri Lankan Director General of Agriculture Dr. Ajantha Silva stressing on Monday that Colombo has not agreed to re-test the rejected Chinese organic fertiliser by a third party, a day after Beijing’s envoy announced that a re-test was being done
Sri Lanka declines to conduct re-test on rejected Chinese fertiliser, to order more nano fertiliser from India
Tensions between Sri Lanka and China over a rejected shipment of contaminated Chinese fertilizer continued, with Colombo on Saturday hardening its stand and refusing to conduct a re-test of the fertilizer, even as the Sri Lankan cabinet has okayed the purchase of more nano nitrogen fertilizer from India
China is 'enemy No. 1', border 'villages' not new, says India's CDS
China has only upgraded infrastructure along the border in India's northeast, and new villages have not come up, India's Chief of Defence Staff General Bipin Rawat said on Thursday, saying pointedly that the country's main adversary was China, and not Pakistan
China delivers biggest stealth warship to 'iron brother' Pakistan; aim to offset India's ocean dominance
China has delivered to Pakistan this week its biggest stealth warship, a Type054 frigate, in a move that will strengthen the latter’s position in the Indian Ocean, the area traditionally dominated by India
Fertilizer row escalates as Chinese firm seeks $8 million in compensation from Sri Lanka
The fertilizer row that erupted late month between the Sri Lankan government and a Chinese firm, Qingdao Seawin Biotech Group Co Ltd, is showing no signs of ending anytime soon as the firm has now demanded $8 million in compensation, weeks after the former canceled the contract citing contamination
Fertiliser fiasco: Cargo ship carrying rejected Chinese fertiliser denied entry to Colombo Port
Sri Lanka’s Shipping Minister Rohitha Abeygunawardena has said he has instructed officials at Colombo Port to deny any request by a ship carrying rejected Chinese fertilizer from unloading the cargo in Colombo
Chinese envoy in Kabul meets Taliban's Foreign Minister; trade ties discussed
China’s ambassador to Kabul Wang Yu met with Afghanistan’s Acting Foreign Minister Amir Khan Motaqi and discussed bilateral relations, particularly matters related to trade, Afghan foreign ministry spokesperson Abdul Qahar Balkhi said in a tweet
China looking to build a military base in Sri Lanka, says Pentagon report
The United States fears China, whose influence has grown significantly in South Asia in the past decade, is now looking at Sri Lanka to build a military base or logistics facility--a scenario India has been wary of
Pentagon report mentions Chinese village in northeastern India
The annual United States Department of Defence report on military developments involving China details the US perception of the tension along the Line of Actual Control or LAC, and also refers to the creation of a 100-home Chinese village in Arunachal Pradesh in northeastern India
