Talks between India and Australia on an interim trade deal are at an advanced stage and could be concluded this week, according to people in the know. An agreement could potentially bolster India’s economic forays in the Indo-Pacific region through wider market access. Last year in October, the two countries had set the target of … Read more
India and the European Union plan to support regional connectivity, beginning with the member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). This was decided as part of their Connectivity Partnership initiative for third countries, announced at Saturday’s Summit. The India-EU Summit has decided to seek synergies and complementarities … Read more
China’s loss is becoming developing Asia’s gain. FDI flows to the Asean countries exceeded those to China for the last three years, bringing in nearly $156 billion in 2019. Synopsis In most cases, OECD economies will not move their China-based factories home. More likely is a steady, deliberate shift of marginal foreign direct investment (FDI) … Read more