Port is seen as a strategic outlet to Central Asia bypassing Pakistan. Last month reports indicated India transferred $120 mn to Tehran, as it withdraws exposure to US sanctions.
New Delhi has never recognised the so-called China-Pakistan ‘Boundary Agreement’ signed in 1963, through which Islamabad ceded territorial control of the valley to Beijing.
Chinese construction activities in the Valley located in Pakistan-occupied Jammu and Kashmir have gathered steam following the standoff in Bhutan's Doklam in 2017.
Two sides have held multiple rounds of negotiation to arrive at a balanced & mutually beneficial trade agreement & a deal was close on several occasions, asserts MEA.
Joint statement issued by India and the US Friday highlights broad contours of the interim agreement to the trade deal. US to eliminate tariffs to zero in pharmaceuticals and gems and diamonds.
By next weekend, Bangladesh will have an elected government. This is India’s moment to reboot broken ties by moderating the ‘ghuspethiya’ rhetoric in poll-bound West Bengal and Assam.
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