Foreign Secretary Vijay Gokhale says PM Modi and Chinese President Xi Jinping have agreed to create a separate mechanism on trade, investment and services.
The resort town of Mamallapuram has been turned into a fortress for the Modi-Xi summit. India & China will discuss issues that have come up since Wuhan.
There is virtually no comparison between the economic strength of India and China. And yet, Modi is employing all his resources to stand eyeball-to-eyeball with Xi.
India’s fledgling defence industry has struggled to translate capacity into mass production or compete globally, resulting in continued reliance on imports.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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