Sri Lanka has now agreed to take delivery of organic fertilizer from China’s Qingdao Seawin Biotech Group Co Ltd, almost two months after Colombo had rejected its shipment, citing poor standards, forcing the firm to initiate arbitration proceedings
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.
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China will work with Russia and India in a 'spirit of oneness', says Chinese Foreign Minister
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'India carefully re-examining trade, investment ties with Beijing'
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India-China ties going through 'bad patch; India's interests will be served by 'much closer' ties with the US: Foreign Minister
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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
