India and Uzbekistan Sign Bilateral Investment Treaty in Tashkent On September 28, 2024, India and Uzbekistan formalized a significant Bilateral Investment Treaty (BIT) in Tashkent, aimed at enhancing economic cooperation and attracting foreign investments. The treaty was signed during a high-level meeting between Indian External Affairs Minister S. Jaishankar and his Uzbek counterpart, Bakhtiyor Saidov….
Memorandum of Understanding (MoU) Signed Between Ministry of MSME and SBA, Government of the USA Introduction to the MoU On [Date], the Ministry of Micro, Small, and Medium Enterprises (MSME) of India signed a significant Memorandum of Understanding (MoU) with the Small Business Administration (SBA) of the United States. This landmark agreement aims to bolster…
Fast-Tracking BIMSTEC Free Trade Agreement Introduction to BIMSTEC The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization that includes countries from South Asia and Southeast Asia. This group comprises Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The BIMSTEC Free Trade Agreement (FTA) aims to enhance trade…
Jakarta Hosts 5th AITIGA Joint Committee Meeting Introduction Jakarta recently played host to the 5th AITIGA Joint Committee Meeting, a significant event aimed at enhancing trade and economic cooperation among ASEAN countries and India. This meeting is part of the ongoing efforts to review and upgrade the ASEAN-India Trade in Goods Agreement (AITIGA) to make…
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…
