trade – Bhartiyanews24x7

5Aug

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Politics

African delegation explores collaboration opportunities with textile industries in Coimbatore region

A 14-member delegation from Burkina Faso visited Coimbatore, Tiruppur, and Karur recently looking for better collaboration with the textile and garment industry.The team, led by GIZ, was on a four-day visit organised by Gherzi Consultants along with 2M Invest Consult. Apart from visiting the factories, the members also went to the Southern India Textile Research Association and the Sardar Vallabhbhai Patel Institute of Textile Management.Burkina Faso produces about two lakh bales of cotton annually, covering all varieties except the extra long staple. And, almost 100% of the cotton produced is certified by international sustainable cotton certification programmes. It consumes locally only 2% of the cotton produced and the rest are exported. Of the exports, 10% is to India, said sources in ...

12Jul

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Politics

BIMSTEC nations talk connectivity, trade | India News – Times of India

NEW DELHI: India hosted BIMSTEC foreign ministers' retreat on Thursday with external affairs minister S Jaishankar urging his counterparts to harbour higher aspirations and send out a message that they are determined to infuse new energies, new resources and a new commitment into cooperation among the Bay of Bengal nations.The Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) brings together seven countries of South and South-East Asia for multi-faceted cooperation.The BIMSTEC Charter had come into effect from May 20 this year.Addressing the retreat, Jaishankar said global and regional developments also made it imperative that the member-states find more solutions amongst ourselves. "There are long-standing goals such as capacity-building and economic...

7Jul

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Business

PM Modi’s Russia Visit Great Opportunity To Directly Address Trade Imbalance: EAM Jaishankar

External Affairs Minister S Jaishankar on Sunday highlighted the significance of Prime Minister Narendra Modi's upcoming visit to Russia, emphasising the opportunity for direct talks with Russian President Vladimir Putin on trade and other bilateral issues. Speaking to news agency ANI, Jaishankar underscored the importance of addressing the existing trade imbalance between the two nations. "There are issues...like the trade imbalance," Jaishankar stated. "So, at a leadership level, it will be a great opportunity for Prime Minister Modi and President Putin to sit down and directly talk to each other. And then obviously, as per their directions, we will see how to take the relationship forward." Jaishankar also lauded the India-Russia Annual Bilateral Summit as a valuable tradition, despite ...

7Jul

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Politics

PM Modi’s Russia Visit To Cover Trade Expansion, Defence Co-Production, Connectivity: Envoy

Prime Minister Narendra Modi is set to visit Russia from July 8 to 9 at the invitation of President Vladimir Putin to attend the 22nd India-Russia Annual Summit. This high-level visit is expected to strengthen the multifaceted relations between the two nations. India's Ambassador to Russia, Vinay Kumar, highlighted the significance of the visit, stating, "The context of the visit is bilateral but certainly, global issues including the (Ukraine) war will be discussed. The leaders will exchange their views on developments." On the subjects of defence, trade, and connectivity, Ambassador Kumar told news agency ANI, "In the last three years, trade has expanded and crossed almost $65 billion. We have two challenges. The first is to balance the trade since trade is heavily in favour of the Russi...

19Jun

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Putin greets old ally Kim-Jong-un with a hug on North Korea trip after 24 years – Times of India

NEW DELHI: Russian President Vladimir Putin arrived in North Korea, marking his first visit to the country in 24 years. This visit comes amid escalating tensions with Washington and aims to fortify the alliance between the two nations against US-led sanctions.Upon arrival, Putin was warmly welcomed at Pyongyang's airport by North Korean leader Kim Jong Un.The two leaders shared a handshake and an embrace before Kim personally escorted Putin to the Kumsusan State Guest House, as reported by North Korea's Korean Central News Agency (KCNA). The agency heralded their meeting as a historic event underscoring the “invincibility and durability” of their countries' friendship and unity.In statements made before his arrival, Putin expressed gratitude for North Korea's unwavering support of Russia's...

19Jun

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Putin meets North Korea’s Kim Jong Un in first visit to the capital in over two decades: Report – Times of India

NEW DELHI: Russian President Vladimir Putin was warmly welcomed by North Korean leader Kim Jong Un warmly at Pyongyang's airport, marking Putin's first visit to the North Korean capital in over two decades. According to North Korean state media, the two leaders engaged in candid exchange of thoughts and agreed to strengthen the ties between their nations.Kim greeted Putin with a handshake, an embrace, and conversation near the Russian leader's plane, after which they traveled together in a limousine to the Kumsusan State Guest House, the report by the local media said."Passing through charmingly lit streets of Pyongyang at night, the top leaders exchanged their pent-up inmost thoughts and opened their minds to more surely develop the DPRK-Russia relations," local media KCNA said.Putin’s ea...

19Jun

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Putin vows to support North Korea against the United States – Times of India

SEOUL/MOSCOW - Russian President Vladimir Putin vowed on Tuesday to deepen trade and security ties with North Korea and to support it against the United States, as he headed to the reclusive nuclear-armed country for the first time in 24 years. The US and its Asian allies are trying to work out just how far Russia will go in support of North Korean leader Kim Jong Un, whose country is the only one to have conducted nuclear weapon tests in the 21st century. In a signal that Russia, a veto-wielding member of the United Nations Security Council, is reassessing its entire approach to North Korea, Putin praised Pyongyang for resisting what he said was US economic pressure, blackmail and threats. In an article published by North Korean state media, Putin praised "Comrade" Kim, and promised to "j...

10Jun

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China Premier Li to visit New Zealand ‘this week’: NZ PM – Times of India

WELLINGTON: Chinese Premier Li Qiang will visit New Zealand this week, Prime Minister Chris Luxon said Monday, a rare visit expected to focus on bolstering trade while setting aside security concerns.Li will be the first Chinese premier to visit New Zealand since 2017, embarking on a trip that is widely tipped to also take him to Australia.China is New Zealand's largest export destination, and Wellington has been one of Beijing's closest partners among Western democracies. But relations have become strained in recent years as China has looked to expand its military and diplomatic reach across the Pacific."I look forward to warmly welcoming Premier Li in New Zealand," Luxon said in a statement. "The premier's visit is a valuable opportunity for exchanges on areas of cooperation between New ...