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.
The IGST component of total import duty collections is growing faster than that from Customs duty. And states enjoy a larger share in the rapidly growing pie of IGST on imports.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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