A last minute decision by India early this month to not join the Regional Comprehensive Economic Partnership (RCEP) stunned the 10-member ASEAN group and the five Asia-Pacific states. The ASEAN group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand...
The recent visit of Xi Jinping, the President of China, to Nepal can be a game-changer for the small Himalayan nation. Before this, Jiang Zemin was the last Chinese President to visit Nepal in 1996. The two countries signed several agreements on infrastructure projects. The present government in Nep...
October 1, 2019 marks the 70th anniversaryof the founding of the People’s Republic ofChina (PRC).In an exclusive interview with BE’s Ankit Singh, ZhaLiyou, Consul-General of PRC in Kolkata, discussed India-China trade relations, bilateral economic and strategic cooperation and the current politi...
Hong Kong is facing a major political crisis amid repeated street protests and mass demonstrations. The political crisis, triggered by now-suspended Hong Kong government’s extradition bill which would allow extraditions to mainland China and Taiwan, swell as Hong Kong residents demand the bill’s...
Srei Infrastructure Finance Limited (Srei), Quippo Oil and Gas Infrastructure Limited (Quippo), and JSC Rosgeo (Rosgeo) recently signed a ‘Cooperation Agreement’ at the Eastern Economic Forum in the presence of Prime Minister of India, Narendra Modi and President of Russia, Vladimir Putin. The d...
The Amazon rainforest has been burning for severalweeks, becoming a global crisis. Known as the ‘Lungs of the Earth’, a record number of fires have ravaged the Amazonian rainforests in Brazil. Brazil’s stretch of the Amazon lost more than 1,330 square miles of forest cover during the first sev...
The Asia Pacific Group (APG) of the Financial Action Task Force (FATF) has placed Pakistan in the ‘Enhanced Blacklist’ due to its failure to act on terror funding. They also found that Pakistan was non-compliant on 32 of the 40 compliance parameters of terror financing and money laundering. Paki...
Due to the escalating trade war between the US and China, several American companies are planning to shift their supply chain from China to avoid any tariff backlash. India appears to be the potential benefactor in this case.Tanmoyee Bannerjee, Professor, Department of Economics, Jadavpur University...
Few hours after Narendra Modi took oath as the Prime Minister of India for his second term, US President Donald Trump confirmed that his administration will withdraw the designation of Generalised System of Preference (GSP) from India. GSP is the largest and oldest US trade preference programme allo...
North Korea’s recent missile tests could again escalate tensions with the US. The two missile tests within a week can be perceived as a threat by the US administration. Things might worsen if the US fails to reach an agreement on removing economic sanctions imposed on North Korea. The US had propo...