Pakistan's Public Sector Development Programme (PSDP) for the year 2020-21 contains around Rs 21 billion allocation for projects under China Pakistan Economic Corridor (CPEC) - once considered a game-changer for Pakistan
India’s Balance-of-Payments Challenge: Need for Structural Transformation in Uncertain Times
India possesses immense talent, entrepreneurial capacity, and a large domestic market, yet it still lacks sufficient depth in high-end manufacturing, research and development, semiconductor ecosystems, advanced engineering, and globally dominant product companies.
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.
More on Geoeconomics, Trade and Development
China-Sri Lanka Belt and Road: Joint consultation mechanism established
The China-Sri Lanka Belt and Road Political Parties Joint Consultation Mechanism between the Communist Party of China (CPC) and main political parties of Sri Lanka has been established on June 11
Complaint filed in court against Chinese Prez Xi Jinping over spread of coronavirus pandemic
A complaint has been filed in a court in Bihar against Chinese President Xi Jinping, blaming him for the coronavirus pandemic
China donates medical material towards COVID-19 relief efforts
China has donated essential personal protective materials to support the Government of Maldives in its efforts to combat the spread of COVID-19 in the country
India, China military-level talks end on 'positive trajectory'
The military delegations of India and China met on Wednesday to deliberate upon the process of withdrawal of troops and the current standoff situation in Pangong Tso in Eastern Ladakh
India, China start withdrawing troops from standoff positions
India and China have started the process of de-escalation at the Line of Actual Control with the withdrawal of troops, guns and combat vehicles from three standoff positions in eastern Ladakh, sources said on Tuesday
China approves Maldives' loan deferment request
China has agreed to defer repayment period of the loans obtained by the Maldives from China. China has granted loan deferment eases to 77 countries, including Maldives, in response to the COVID-19 pandemic
China says consensus reached with India not to escalate standoff
India and China have reached a consensus not to escalate the situation further , and maintain peace and stability along the border together, China's Foreign Ministry spokesperson Hua Chunying said
10-member Chinese medical team arrives in Dhaka
A 10-member Chinese medical team with expertise in treating Covid-19 patients reached Dhaka today
China runs war propaganda against India over Ladakh
China is running full-blown propaganda on its high-altitude war preparations, threatening India as troops of both sides remain locked in a face-off along the Line of Actual Control (LAC) in eastern Ladakh
India must not fall into Chinese trap
In my assessment, the present PLA intrusions are obviously with the approval of C-in-C and President Xi Jinping, China's supreme leader, writes Lt Gen P. C. Katoch (Retd) for South Asia Monitor
Pakistani government approves CPEC’s $7.2b strategic project
Pakistan Railways’ Mainline-I Project – the lone strategic project of the China Pakistan Economic Corridor (CPEC) – cleared its first hurdle on Saturday when the government approved it at a cost of $7.2 billion, setting the stage for negotiations with China and International Monetary Fund (IMF)
India demands China to remove its troops, structures from Pangong Lake
India and China military top brass began talks on Saturday to resolve the stand-off situation in Eastern Ladakh region and de-escalation of forces across the Line of Actual Control
New China-Nepal rail corridor is first for South Asia
A new avenue to access transnational markets has opened up for Nepal as freight trains have begun departing from China on a weekly basis with goods destined for Nepal, in an initiative that is said to be the first of its kind in South Asia
China donates masks for Sri Lankan students
The Chargé d’affaires of the Chinese Embassy in Sri Lanka, Hu Wei, met with Sri Lanka’s Minister of Higher Education and government spokesman Bandula Gunawardena Wednesday and donated masks to the Ministry of Higher Education for the universities, vocational training institutes and other higher education institutions
