In a statement to the media, German Chancellor Olaf Scholz said, Germany has pledged $10.51 billion (10 billion euros) to help India achieve its climate goals following a meeting with Indian Prime Minister Narendra Modi in Berlin. Both leaders highlighted… Read More ›
trade relations
UK, South Korea seek to sign trade deal boosting supply chain resilience
On Monday, South Korea and Britain are scheduled to sign an agreement to reinforce supply chains for key products which have been hammered by the Coronavirus pandemic. British trade minister Anne Marie Trevelyan is scheduled to host her counterpart Yeo… Read More ›
Myanmar coup likely to dampen investment interest: trade experts
According to analysts and trade experts, the coup by Myanmar’s military is likely to dampen the interest of western companies in investing in the country and may even prompt big U.S. companies to relocate. In the first 11 months of… Read More ›
Russian investors keen to invest in Saudi Aramco’s IPO
The development underscores a growing closeness between Moscow and Riyadh. In a development that underscores growing trade relations between Saudi Arabia and Russia, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF stated, a number of Russian… Read More ›
Malaysian palm oil exports could be hit by Indian trade action
Kuala Lumpur’s relations with New Delhi took a downward turn following Malaysian Prime Minister Mahathir Mohamad alluding to an Indian state as a separate country in the United Nations. According to a report from news wire Bernama, Malaysia’s Prime Minister… Read More ›
Success of U.S.-China trade talks will hinge on verification and effective enforcement on pledges
During earlier negotiations, although Beijing has made wide ranging commitments, it has taken its own sweet time, at times more than a decade, to implement its pledges. Unless China walks the talk, negotiations are unlikely to be fruitful. China’s pledges… Read More ›
Britain cozying up to China to offset EU trade
Britain hopes to stave-off the effects of a hard Brexit by partnering with China. A top official at Britain’s finance ministry has stated that Britain aspires to be China’s leading Western partner as China tries to manoeuvre itself as the… Read More ›