India has cautioned the Maldives against entering trade agreements that may jeopardize its fiscal stability, after the archipelago nation signed pacts with China and Turkiye. New Delhi emphasized that these agreements could result in significant revenue losses for the Maldives,
Malé has been facing a liquidity crisis. Last year, India rolled over $100 mn worth of loans, while offering roughly $750 mn in currency swap lines to support neighbouring country.
India is concerned recent trade pacts signed by the Maldives will likely hurt the archipelago's cash-strapped economy, the Indian foreign ministry said on Friday, in a reference to agreements between the Maldives and China,
After a recent diplomatic breakthrough, both India and China have come out with their statements. A careful reading reveals interesting convergences and divergences on various key issues. Take a look.
The annual Kailash Mansarovar yatra will resume this summer. For Hindus Mount Kailash in Tibet is a sacred place believed to be the abode of Lord Shiva. A dip in the Mansarovar lake's icy cold waters is said to wash away the pilgrim's sins.
India and China have agreed to resume direct air services between the two countries, New Delhi said in a statement on Monday after Foreign Secretary Vikram Misri visited Beijing.
It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the Himalayas in 2020.
India and China have agreed to resume direct air services after nearly five years, India's foreign ministry said on Monday (Jan 27), signalling a thaw in relations between the neighbours after a
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India is concerned recent trade pacts signed by the Maldives will likely hurt the archipelago's cash-strapped economy, the Indian foreign ministry said on Friday,
Trump wants more from India, however. In his phone conversation with Modi earlier this week, Trump emphasized to the Indian leader the importance of New Delhi’s increasing its procurement of American military equipment. The U.S. lags far behind Russia and France in arms sales to India.