News articles and essays on the Indian diplomacy at work around the world.
The first round of the meeting on the 2+2 Ministerial Dialogue was held in New Delhi in September 2018 and had focussed on the need for upholding peaceful resolution of territorial maritime disputes, promoting market-based economics, supporting good governance, fundamental rights, and liberties, and preventing external economic coercion.
During the meeting both leaders reviewed the progress made in the bilateral relationship since PM’s visit to Vladivostok. PM specifically mentioned the successful visits of our Minister of Defence and Minister of Petroleum and Natural Gas to Russia. His Vladivostok visit progress has been achieved in Indian investments in diamond, timber and infrastructure sectors besides petroleum in Far-East Russia.
Modi said that strengthening the BRICS business links could be achieved with the full cooperation of the NDB and the BRICS Business Council.
Dealing with the issue of black money in foreign jurisdictions has been one of the key priority area for the government. The issue of black money was also one of the key reasons behind the move to demonetise Rs 500 and Rs 1,000 currency notes in November 2016.
The proposed rules are part of a bid to prevent corporations artificially showing profits in low-tax countries instead of the country where their economic activity takes place. As talks enter the final stage, a wide gulf has opened up over taxation rights on new age companies like Netflix, Google and Facebook between their home countries and developing countries like India as well as European Union nations where these companies have a large customer base.
The annual May 9 Victory Day parade in Moscow, where Russia shows off its military might, commemorates the May 1945 allied victory over Nazi Germany.
“Four years ago, we launched the “Digital India”, the world’s largest, digital technology driven transformation programme. The central notion is that Digital infrastructure should be available as a utility to all citizens…We are excited about the opportunities, but also concerned about the threats from the cyberspace,” Foreign Minister S Jaishankar said in his intervention at Paris Peace Forum on Tuesday.
The meeting between PM Modi and Chinese President Xi Jinping will take place about a month after the informal Summit between the two leaders at Mamallapuram near Chennai. During the bilateral meeting between PM Modi and President Putin, the bilateral relations, including cooperation in the military technical field, energy and space are expected to be discussed, Russian deputy chief of mission (DCM) Roman Babushkin told reporters in New Delhi.
The SCO is a China-led eight-member economic and security bloc in which India and Pakistan were admitted as full members in 2017. Its founding members included China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
Saudi Arabia is the fourth-largest trading partner of India. Bilateral trade stood at $34 billion, which includes $10 billion for non-oil trade. Although trade is growing at a healthy rate of 24 per cent annually, there is potential to double the non-oil component to $20 billion in the next few years.
