India-UAE Forge New Path with Local Currency Settlement System India and the United Arab Emirates (UAE) have embarked on a significant collaboration by establishing a local currency settlement system, marking a pivotal moment in their economic relations. This innovative system allows businesses and traders from both nations to bypass the US dollar and directly trade…
India Inks 10-Year Deal to Operate Iran’s Chabahar Port India has recently sealed a significant 10-year deal with Iran, securing the rights to operate and manage the strategically located Chabahar Port. This pact comes as a crucial milestone in bolstering India’s connectivity with Afghanistan and Central Asia, enhancing its geopolitical influence in the region. The…
India, Tanzania to Sign 15 Agreements with an Eye on USD 10 Billion Trade The diplomatic relations between India and Tanzania are poised to reach new heights as the two nations prepare to ink 15 significant agreements, with a shared vision of boosting their trade volume to USD 10 billion. This development holds immense importance…
