U.S. allows Iraq to import Iranian gas

The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to US sanctions. Iraq has had several extensions to the waiver after US reimposed sanctions on Iran’s oil sector forbidding countries from purchasing Iranian energy. Iraq relies heavily on Iranian energy for power… Continue reading U.S. allows Iraq to import Iranian gas

Maldives should not try balancing ties with India and China

Former Maldives President has said that Maldives should not try to balance relations with India and China. He has said that Maldives should maintain cultural ties with China.But the country cannot afford to have defence cooperation with China. These statements came in the backdrop of Indian Prime Minister state visit to the Maldives.During the visit,India… Continue reading Maldives should not try balancing ties with India and China

Iran seeks ‘positive signals’ on n-deal

Iran President has said that Iran has decided to maintain its scale back of the landmark 2015 nuclear deal unless other signatories show positive signals. Iran had stopped complying with some commitments in the 2015 nuclear deal after the United States had unilaterally withdrew from the accord in 2018 and renewed sanctions on Iran. Further,Europe… Continue reading Iran seeks ‘positive signals’ on n-deal

No trade action against India as of now: USTR

The office of the United States Trade Representative (USTR) has announced that there will be not be a trade action against India but US will continue to raise market access concerns with India. The USTR statement came after India had decided to impose retaliatory action against the U.S.’s tariffs on steel and aluminium by imposing… Continue reading No trade action against India as of now: USTR

Kimberley Process Intersessional Meeting 2019 in Mumbai

The Intersessional meeting of the Kimberley Process(KP) is being hosted by India from 17th to 21st June,2019 in Mumbai. The Kimberley Process(KP) is an international certification scheme that came into force in 2003.It regulates trade in rough diamonds.It aims to prevent the flow of conflict diamonds. Conflict diamonds also known as blood diamonds are rough… Continue reading Kimberley Process Intersessional Meeting 2019 in Mumbai

PM Modi reaches India after attending SCO meet

Indian PM has concluded his two-day visit to attend the Shanghai Cooperation Organisation(SCO) summit in Bishkek,Kyrgyzstan. During his visit,Indian PM has held successful bilaterals with China, Russia, Afghanistan and Kyrgyzstan apart from addressing the SCO summit. He coined the acronym HEALTH during his address at the Summit, which is a template for strengthening cooperation amongst… Continue reading PM Modi reaches India after attending SCO meet

Narendra Modi, Imran Khan exchange pleasantries during SCO Summit at Bishkek

Indian Prime Minister Narendra Modi has attended the Shanghai Cooperation Organisation(SCO) summit in Bishkek,Kyrgyzstan. The Bishkek Declaration of the SCO Heads of State Council condemned terrorism in all forms and manifestations. The member states stressed on expanding and deepening cooperation in trade, finance, investment, transport, energy, agriculture, innovation, cutting-edge technology. They also called for keeping… Continue reading Narendra Modi, Imran Khan exchange pleasantries during SCO Summit at Bishkek

India to impose retaliatory tariffs on 29 U.S. goods from June 16

India has decided to impose the long pending retaliatory tariffs on 29 US products after US had withdrawn Generalized system of preferences (GSP) for Indian exporters. This action comes a year after the notification for the retaliatory tariffs was issued in 2018 in response to penal duties imposed on Indian aluminium and steel by the… Continue reading India to impose retaliatory tariffs on 29 U.S. goods from June 16

India slips to 141 in annual Global Peace Index; Iceland retains top spot

The Global Peace Index(GPI) 2019 has been released.India has been ranked at 141 among 163 countries.The ranking of India in 2018 was the 136th. The GPI is a report produced by the Institute for Economics and Peace (IEP) and developed in consultation with an international panel of peace experts from peace institutes and think tanks… Continue reading India slips to 141 in annual Global Peace Index; Iceland retains top spot

Black or grey: What next for Pakistan at FATF?

The Financial Action Task Force(FATF) will hold its Plenary and Working Group meeting from 16th June,2019. The plenary could take up a proposal to downgrade Pakistan to the blacklist on terrorist financing from its current greylisted status. Pakistan has been under the FATF’s scanner since June,2018 when it was put on the greylist for terror… Continue reading Black or grey: What next for Pakistan at FATF?

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