Approved in June 2021, the $171 million project is funded by a concessional loan of $74.4 million and a grant of $74.5 million from the Asian Development Fund.
The country had signed a security pact with China in April. The Biden administration is hosting leaders from the Pacific Island Forum bloc as US competes for influence in the South Pacific.
Reuters report details China 'plans' for cooperation with Pacific Island nations in policing, security, and trade, among other areas, ahead of Wang Yi's tour of 8 island nations.
US’ Second Island Chain strategy is now at stake as Chinese military vessels venture further afield. Warnings by Australia, Japan could become prophecies.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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