Indian Prime Minister Narendra Modi with Russian President Vladimir Putin at a bilateral summit in Goa, India on 15 October 2016 [PPIO]
Russian Deputy Foreign Minister Sergei Ryabkov received Foreign Secretary of India Vijay Gokhale in Moscow on Monday to discuss the work of both countries in BRICS as well as other issues to do with their strong strategic ties.
Indian Prime Minister Narendra Modi with the President of Iran, Hassan Rouhani, in Jomhouri Building, at Saadabad Palace, in Tehran on May 23, 2016 [Image: PMO, India]
Despite the threat of further sanctions on Iran, its oil industry is continuing to do brisk trade with a number of countries, including the BRICS.
According to Iranian oil industry sources in Tehran, overall bilateral trade with BRICS countries reached 53.78 million tons.
While this is a decline of just over 8 per cent year on year, its value is up 7.4 per cent due to higher oil prices.
Iran’s President Hassan Rouhani (left) has told India’s Prime Minister Narendra Modi that the two countries are strategic partners [Image: BRICS2015]
India and Iran have just completed a round of negotiations which saw the two countries boost their economic ties despite Washington’s pressure on Tehran.
Iranian President Hassan Rouhani was in New Delhi this weekend to meet with Indian Prime Minister Narendra Modi to sign nine new trade agreements.
The agreements include the development of the strategic port of Chabahar in Iran.
Major cities in Brazil, China and India are witnessing rapid urbanization [Xinhua]
The Malaysian capital of Kuala Lumpur will next week host the Ninth Session of the World Urban Forum to discuss the challenges societies as more people move to the cities.
The forum titled, Cities 2030, Cities for All: Implementing the New Urban Agenda, will focus on the efforts of major countries, such as China, India, and Brazil to overcome the challenges posed by rapid urbanization.
The Prime Minister, Shri Narendra Modi delivering his keynote speech, at the plenary session of the World Economic Forum, in Davos on January 23, 2018 [PMO, India]
Irony was a guest at the 48th World Economic Forum on Monday when Indian Prime Minister Narendra Modi took to the stage to deliver a blistering defense of free trade just as the US announced additional tariffs on Chinese solar panels, washing machines, and aluminum and steel exports.
But Modi deftly navigated the increasing protectionist measures taken by the US since US President Donald Trump won the elections.
Narendra Modi has maintained that he will seek a free-trade pact with the EU [Xinhua]
Italian Prime Minister Paolo Gentiloni arrived in India on Sunday to begin his two-day state visit in which he hopes to boost bilateral political and economic relations.
Gentiloni will meet with Prime Minister Narendra Modi on Monday in talks that are likely to focus on improving ties that have been strained for over five years after two Italian marines shot and killed two Indian fishermen off the coast of Kerala in 2012.
The CPJ says that 41 journalists have been killed in India since 1992 [Xinhua]
The Indian Home Ministry on Wednesday issued a directive to state governments asking them to ensure the safety and security of reporters and journalists in the country.
The advisory comes on the heels of the murder of two prominent journalists in the last month alone.
Editor Gauri Lankesh was shot dead by unknown attackers in Bangalore, the Indian press reported on September 5.
Narendra Modi has maintained that he will seek a free-trade pact with the EU [Xinhua]
Indian Prime Minister Narendra Modi has lauded an agreement reached with the European Union to jointly fight terrorism.
“We agreed on fighting against terrorism together and increasing cooperation towards it,” Modi said following talks with delegations led by European Council President Donald Tusk and European Commission President Jean-Claude Juncker at the 14th annual Indo-EU Summit in Delhi on Saturday.
Of all the BRICS countries, India has been the stand-out economic performer in the last few years. Alexander Rost, Regional Head Indian Subcontinent & ASEAN at Commerzbank, explains the factors behind its recent success, and sets out a blueprint for sustaining the country’s economy through industry and trade.
In recent years, BRICS countries, on the whole, have faced significant political and economic challenges.
