NZ High Commissioner David Pine emphasises growing convergence of interests in Indo-Pacific between two countries and his government’s keen interest in engagement with Quad.
IPEF is a grouping of 14 countries that together make up more than 40 per cent of global GDP. Proposed agreement aims to make supply chains more resilient, efficient, and transparent.
Without sufficient incentives, countries that have joined IPEF are unlikely to agree to high US-preferred standards in areas like digital economy and anti-corruption.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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