The Foreign Office Consultations held in New Delhi Wednesday were co-chaired by MEA's Joint Secretary (Central Europe) M. Anand Prakash and Katerina Sequensova from the Czech government.
This initiative underscores the government's commitment to improving the Ease of Doing Business (EoDB) in India by encouraging active participation in policy decisions.
At the same time, EAM—co-chairing an India-Russia forum with Russian 1st deputy PM—flags trade imbalance; last year, imports from Russia were $61.1 bn & Indian exports just $4.2 bn.
Indian embassy issues advisory, highlighting pitfalls of doing business with Chinese firms, particularly those from Shandong, Hebei, Guangdong, Jiangsu and Zhejiang.
Lammy's visit to New Delhi is the first high-level engagement between India and the UK after Prime Minister Keir Starmer's Labour government came to power on 5 July.
India is believed to have several ‘trump cards’ for the continent, one of them being MSME sector. Triangular projects & strategic investment can further propel its influence in Africa.
Over past 3 years, commerce ministry data on bilateral trade with China has hovered around $95 bn. Data from Chinese govt over last 3 fiscals shows figures steadily above $110 bn.
India's trade boom with Russia & strategic interests in Chabahar Port have brought International North South Transport Corridor (INSTC) back into focus.
Sectors like fertilisers, oil, auto, chemicals, textiles & metals could be further affected, it warns in monthly report. Diversifying trade routes could lower competitiveness of exports.
In 2024-25, India exported $387.54 bn worth of services, against imports of $198.14 bn, earning all-time high surplus of $189.40 bn. This offset 2/3rd of goods trade deficit.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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