India’s new Foreign Trade Policy, scheduled to be released by the end of September 2022, has been deferred till the next financial year. The Department of Commerce has been restructured, establishing distinct verticals for different formats of trade negotiations. The two new broad divisions will now be a Trade Negotiations Bilateral
The Prime Minister of Bangladesh, Sheikh Hasina, was on a four-day visit to India and held bilateral talks with the Indian Prime Minister Narendra Modi to review and strengthen the relationship between both nations. After many informal talks held since 2018, Bangladesh finally agreed to start negotiations on a Comprehensive Economic Partnership
Crude oil prices typically fluctuate based on seasonal demand and supply. Global supply and prices are also affected greatly by geopolitical conflict and civil unrest. Most recently, the COVID-19 pandemic caused crude price changes through a drop in demand. Oil prices are more volatile today due to many factors such as
Russia’s war on Ukraine began in February, 2014 and escalated following a full-scale invasion in February, 2022. Russia and Ukraine combined have a significant share in global supplies of oil, gas and other commodities such as wheat, sunflower oil. Thus, this war has adversely impacted their supply chains across the
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional initiative that was established on 06 June 1997 with the signing of the Bangkok Declaration. It aims to accelerate shared growth and cooperation between and among littoral and adjacent countries in the Bay of Bengal
Filters