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External Affairs Minister S. Jaishankar, who is currently on a four-nation tour of North and South America, said that the India-Latin America trade estimated to be $50 billion has a much diversified basket. "Significant increase in investments and interest in mining, energy, agro and infrastructure sectors will power it further," he said while delivering a keynote address at the India-Latin America Business Forum in Panama in Monday. As the fifth largest economy, India's p...
India-Latin America trade worth $50 bn: S. Jaishankar
India and Russia have agreed to work towards unlocking the full potential of their economic engagement including through addressing the trade deficit and market access issues. The two sides reviewed the entire gamut of economic ties at a meeting of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC). The bilateral trade between India and Russia witnessed a significant expansion due to New Delhi’s increasing...
India, Russia agree to work towards unlocking full potential of economic engagement
External Affairs Minister S. Jaishankar on Thursday said that forces troubling India for long are now aware that this is a "different India", which is capable of giving them a befitting reply and can combat the national security challenges. Addressing the Indian diaspora in Uganda, Jaishankar said that now people see the country in a new light, as it is willing to stand up and meet challenges posed to it like in Uri and Balakot. The External Affairs Minister, who is currently ...
'Different India' now capable of meeting security challenges: External Affairs Minister S. Jaishankar
Iranian Foreign Minister Hossein Amir-Abdollahian and his Saudi counterpart Prince Faisal bin Farhan Al Saud have agreed to meet at the earliest opportunity to prepare the ground for the reopening of embassies and consulate generals between the two countries, the Foreign Ministry in Tehran announced on Thursday. The two Ministers discussed the issues in a phone call to congratulate each other on the starting of the Muslim fasting month of Ramadan, Xinhua news agency quoted the Minist...
Iranian, Saudi FMs hold phone talks, agree to meet soon
India does not want the Group of 20 nations to discuss additional sanctions on Russia for its invasion of Ukraine during New Delhi's one-year presidency of the bloc, six senior Indian government officials told Reuters. On the sidelines of a key G20 gathering in India, financial leaders of the Group of Seven (G7) nations will meet on Feb. 23, the eve of the first anniversary of the invasion, to discuss measures against Russia, Japan's finance minister said on Tuesday. The officia...
Host India does not want G20 to discuss more sanctions on Russia
India has told Sri Lanka it is committed to boosting investment in its debt-ridden neighbour, to help pull it from its worst economic crisis in seven decades, Foreign Minister Subrahmanyam Jaishankar said on Friday during a visit. The island nation of 22 million has grappled with challenges over the past year ranging from a shortage of foreign currency to runaway inflation and a steep recession, in its worst such crisis since independence from Britain in 1948. Jaishankar, on a two-day v...
Sri Lanka expects financing assurances from China for IMF deal within days
Occupying the Presidency of the G20 and UNSC offers India a unique chance to leave its legacy and make the voice of the Global South and developing world heard at these two august fora. By assuming the Presidency of the G20 and UNSC, for one year and one month respectively, for next one-year India gets a unique opportunity for the country to contribute to the global agenda on pressing issues of international importance. G20 is the premier forum for international economic cooperation rep...
India to stamp its legacy at G20
External Affairs Minister S. Jaishankar on Tuesday said that the country is now more conscious of the fact that where and who processes its data. Speaking at the 7th Global Technology Summit, Jaishankar said that India's rise is linked to its technological advancements. He also underlined the significance of technology in the contemporary world order, especially in the current geopolitical scenario. The Minister further said that technology and globalisation are essentially issue...
India more conscious than ever about its data usage: External Affairs Minister Dr. S. Jaishankar
There should be no restrictions on energy supplies and stability in the energy market should be ensured, Indian Prime Minister Narendra Modi said on Tuesday in remarks made at the G20 summit in Indonesia. "India's energy security is also important for global growth," Modi was quoted as saying in a statement released by the Indian foreign ministry. "Today's fertilizer shortage is tomorrow's food crisis, for which the world will not have a solution. We sho...
India`s Prime Minister Narendra Modi says there should be no restrictions on energy supplies
The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap, U.S. Treasury Secretary Janet Yellen said on Friday. The cap would still drive global oil prices lower while curbing Russia's revenues, Yellen said in an interview with Reuters on the sidelines of a conference on deepening U.S.-Indian economic ties. Ru...
Exclusive-India can buy as much Russian oil as it wants, outside price cap, Yellen says
-India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude, preliminary tanker arrival data obtained from trade sources showed. The world's third-biggest oil importer and consumer bought 907,500 barrels per day (bpd) of oil in October from its top supplier Iraq, a decline of 9.6% from a year earlier and the lowest since February 2021, the data showed. India's oil impo...
India's Iraqi oil imports fall to lowest in 20 months - trade sources
With the world requiring between $4 trillion and $7 trillion per year to shift towards sustainable development, the pressing issue of climate finance kicked off the UN Climate Change Conference's (COP27) Thematic Days Agenda by reiterating it as a cornerstone for implementing climate action to save lives and livelihoods around the world. In the first of 11 themed days at COP27, Finance Day addressed several aspects of the climate finance ecosystem, including innovative and blended fina...
Finance takes centre stage at COP27 climate talks
India's Foreign Secretary Vinay Mohan Kwatra and US Defence Under Secretary Colin Kahl have explored boosting India's defence industry, according to Pentagon spokesperson David Hendon. At their meeting in Washington on Tuesday, they discussed "accelerating India's indigenous defence production through bilateral defence industrial cooperation and partnership in emerging defence domains", Hendon said in a readout of the talks. "Kahl reaffirmed the importance of ...
Kwatra, US defence official explore boosting India's defence industry
Buying Russian oil is to India's advantage and India will continue doing that, r Subrahmanyam Jaishankar said on Tuesday after meeting his Russian counterpart.Foreign Ministe
Buying Russian oil is to India's advantage - foreign minister
Prospective energy projects on the Arctic Shelf and the Russian far east will be among the main topics of discussion between the foreign ministers of Russia and India, the Russian foreign ministry said in a statement on Monday. Indian foreign minister Subrahmanyam Jaishankar will meet his Russian counterpart Sergei Lavrov on Tuesday in Moscow and discuss a whole range of topics, ranging from trade, investments and using national currencies in mutual settlements, the foreign ministry statem...
Russian, Indian foreign ministers to discuss prospective energy projects: Russian foreign ministry
External Affairs Ministry Spokesperson Arindam Bagchi has said India is working sincerely with the UK for finalisation of the proposed free trade agreement (FTA), days after Prime Minister Narendra Modi and his British counterpart Rishi Sunak agreed on the early conclusion of the deal. Bagchi stated ‘As we have said earlier, the matter of negotiations is best left to the trade ministers and their teams of officials. I cannot comment on the status. I certainly do not have any target d...
India working sincerely with UK for finalisation of proposed free trade agreement : Arindam Bagchi
A free trade agreement between India and Britain will not be done in time for Diwali in late October, two sources in New Delhi told Reuters on Friday, although it was not immediately clear what was causing the delay. Previous sticking points have included a steep import duty on British whiskey for sale in India and India's demand for more visas for Indian students and businesses. After meeting Indian Prime Minister Narendra Modi in New Delhi in April, then-British premier Boris John...
India-Britain trade deal to miss Diwali deadline - sources
External Affairs Minister S Jaishankar will be on a two-day visit to Egypt starting Saturday as India continues to put an age-old partnership between two of the world's oldest civilisations on a new trajectory. Jaishankar's first bilateral trip to the African nation comes nearly a month after his colleague and Defence Minister Rajnath Singh visited Cairo to pave way for the enhancement of military and security cooperation between the two countries. Just around the same time, Jai...
India takes yet another step to rekindle ties with regional powerhouse Egypt
The Ministers of G4 countries have announced a new strategy that could speed up the UN Security Council reform process by pushing for the adoption in the negotiating process of a 'consolidated text' that would be the basis for a General Assembly resolution on moving the highest UN body to meet the new realities. The Ministers of India, Brazil, Germany and Japan, whose group for Council reform is known as G4, said in a press statement after their meeting on Thursday that they have i...
In new strategy, G4 ministers to push 'consolidated text' to be draft resolution for UNSC reform
"We will liberate ourselves from a colonial mindset," India's External Affairs Minister S. Jaishankar has said, proclaiming India's new agenda and laying out its global implications. "Our rich civilisational heritage will be a source of pride and strength," he added on Saturday at the UN General Assembly. As India celebrates the 75th anniversary of its Independence, he said the Indian people "are rejuvenating a society pillaged by centuries of fore...
`We will liberate ourselves from a colonial mindset`: S. Jaishankar declares
Speaking at an event in New York, External Affairs Minister S. Jaishankar recalled an incident from 2016 when Prime Minister Narendra Modi personally called him past midnight and asked if he was awake. "Jaage ho (are you awake)?," was his first question, Jaishankar said, while lauding PM Modi's leadership. The External affairs minister, who was the Foreign Secretary then, was recalling the incident when an Indian consulate at Mazar-i-Sharif in war-torn Afghanistan wa...
`Jaage Ho?` How PM Modi surprised Jaishankar with midnight call
External Affairs Minister S. Jaishankar and his G4 counterparts met to discuss and strategise the reform of the UN Security Council (UNSC) which has been getting wide support from leaders at the high-level meeting of the General Assembly. Besides Jaishankar, the other participants at Thursday's meeting were Foreign Ministers Carlos Franca of Brazil, Annalena Baerbock of Germany, and Yoshimasa Hayashi of Japan. Known as the G4, the four countries lobby for reform of the Council and m...
G4 Ministers meet to strategise UNSC reform as world leaders express support
External Affairs Minister, Dr S. Jaishankar will be visiting the US from September 18 to 28, during which he will be participating in the 77th UN General Assembly session. During his visit to New York from September 18 to 24, he will be leading the Indian delegation for the High Level Week at the UNGA session, with the theme "A Watershed Moment: Transformative Solutions to Interlocking Challenges", the Ministry of External Affairs said in a statement. In keeping with India'...
S. Jaishankar to visit US from September 18 to 28 for UNGA, bilateral meets
Union Finance Minister Nirmala Sitharaman on Saturday participated in the India-Singapore Ministerial Roundtable conference along with External Affairs Minister S. Jaishankar and Commerce Minister Piyush Goyal with a visiting delegation from the island nation led by its Deputy Prime Minister and Finance Minister Lawrence Wong. During the meeting, the Ministers emphasised on ways of enhancing cooperation between the two countries in the emerging and futuristic areas. The two sides delibe...
FM Nirmala Sitharaman participates in roundtable conference with Singapore, discusses bilateral ties
External Affairs Minister S Jaishankar has said that despite the world is facing many fallouts of the Ukraine crisis such as rising oil prices, India is confident that it will be the fastest-growing major economy in the world this year with at least 7 per cent growth. He also highlighted that India has made powerful efforts to actually grow its economy and to move towards becoming a higher-income country. Jaishankar said ‘a lot of this required a vision, prudent management of our fis...
India to be fastest-growing major economy in world this year with at least 7% growth: S Jaishankar
Union Ministers Rajnath Singh and S. Jaishankar will pay an official visit to Japan to attend the second India-Japan 2+2 Ministerial Meeting from September 7-10, the Ministry of External Affairs announced in a statement on Tuesday. The statement said that Rajnath Singh and Jaishankar will also hold the Defence Ministerial Meeting and Foreign Ministers' Strategic Dialogue with their Japanese counterparts, Defence Minister Yasukazu Hamada and Foreign Minister Yoshimasa Hayashi, respectiv...
Defence Minister Rajnath Singh, Foreign Minister S. Jaishankar to visit Japan for 2+2 ministerial meet
Indian External Affairs Minister S. Jaishankar will participate in the Shanghai Cooperation Organisation's (SCO) Foreign Ministers meet in Uzbekistan scheduled for July 28-29. It would be the first time when Jaishankar will be meeting in person with his Pakistani counterpart Bilawal Bhutto who took the charge after the formation of the new Shehbaz Sharif government. The first leg of the SCO summit, comprising an international conference on Afghanistan, was held on July 25-26, while ...
Jaishankar to take part at SCO FM meet, Pak`s Bilawal also attending
The Centre will table 'The Indian Antarctic Bill, 2022' on Wednesday in the Rajya Sabha even as the opposition is likely to protest against the suspension of 19 members. On Tuesday, 19 opposition Members were suspended from the Rajya Sabha for a week for disrupting the House proceedings. The 19 members include seven from the Trinamool Congress, six from the DMK, three from TRS, two from CPI-M and one from CPI. Deputy Chairman Harivansh had said that the Members were suspended for s...
Government to table The Indian Antarctic Bill, 2022 in Rajya Sabha
Prime Minister Narendra Modi is not scheduled to be at the high-level United Nations General Assembly session in September when presidents and prime ministers throng here, according to the roster of speakers which instead lists External Affairs Minister S. Jaishankar as India's speaker. In a sign of the world emerging from the grip of the Covid-19 pandemic, all the speeches will be in person at this year's session that begins on September 20, Paulina Kubiak, the spokesperson for As...
Prime Minister Narendra Modi not scheduled to address UNGA this year; S. Jaishankar is listed
An all-party meeting, called by the government on Tuesday on the Sri Lanka crisis, saw protests by members of opposition parties over the economic conditions of Indian states being discussed. External Affairs Minister S. Jaishankar said that Sri Lanka is in a serious crisis but dismissed suggestions that India could have a similar crisis. He said that the big lessons of Sri Lanka is to be drawn on fiscal prudence and good governance, and "fortunately in this country, under the leaders...
Uproar as states` economic condition cited in all-party meet on Sri Lanka
External Affairs Minister S. Jaishankar on Tuesday said that India is among the top five countries that have invested in the African continent. "With cumulative investments at $73.9 billion from 1996-2021, India is among the top five investors in Africa," Jaishankar said while addressing the 17th CII-EXIM Bank Conclave on India-Africa Growth Partnership. He said that India's bilateral trade with Africa has now reached $89.5 billion in 2021-22 compared with $56 billion the ...
India among top five investors in Africa: S. Jaishankar
India is committed towards enhancing capacity building and skill development among African youth, External Affairs Minister (EAM) S. Jaishankar said on Tuesday. "We are committed to enhancing capacity building and skill development among African youth. In this context, you would recall that we had announced 50,000 scholarships during IAFS-III in 2015, out of which more than 32,000 scholarship slots have already been utilised," the minister said while addressing the 17th CII-EXIM ...
India committed to skill development among African youth: External Affairs Minister
Being a trusted partner in the journey of socio-economic development, India has extended concessional loans of over $12.3 billion to Africa, External Affairs Minister S. Jaishankar said on Tuesday. The country has also granted $700 million of grant assistance, the minister said in his address at the 17th CII-EXIM Bank Conclave on India-Africa Growth Partnership. He said that since post-colonial reconstruction is the shared goal of India and African countries, it is only to be expected t...
India extended concessional loans of over $12.3 bn to Africa: S. Jaishankar
The Centre has called an all-party meeting on Tuesday on the Sri Lankan crisis which will be briefed by Minister of External Affairs S. Jaishankar, India has maintained that it stands by the people of Sri Lanka. The ministry of external affairs recently stated that it will continue to stand by the people of Sri Lanka and that it was in favour of a peaceful resolution of the ongoing crisis through democratic means and constitutional framework. India has been helping Sri Lanka with fue...
All-party meeting on Sri Lankan crisis today
External Affairs Minister Subrahmanyam Jaishankar in Thiruvananthapuram on Tuesday said that national security was the number one priority of the Narendra Modi government while discussing the present border stand-off with China in East Ladakh sector. While national security no doubt is the priority, staying the course is the other attribute that defined the foreign policy of the Narendra Modi government. Be it China, Ukraine or Pakistan, this government takes a stand and sticks to it unlik...
Primacy of national security remains steadfast
The situation in Sri Lanka, which is grappling with economic and political crises was "sensitive and complicated", External Affairs Minister S. Jaishankar said on Tuesday. "Support of India is for the people of Sri Lanka as they are our neighbours and we want to help them go through a very difficult phase in their lives," he said at a "Meet the Press" programme organised by the Kerala Union of Working Journalists here. Coming down heavily on Kerala Chief Mi...
Sri Lanka`s situation `sensitive and complicated`: S. Jaishankar
South Korea and the United States agreed to step up cooperation for stable supply chains of critical minerals and other economic security issues in their high-level economic talks. Second Vice Foreign Minister Lee Do-hoon and Jose W. Fernandez, the US undersecretary of state for economic growth, energy and the environment, held their first in-person meeting in Toronto on Tuesday (local time) on the sidelines of an inaugural gathering for the Minerals Security Partnership (MSP), Seoul's...
South Korea, US agree to bolster economic security cooperation
In a bid to promote two-way trade with India, Iran is exploring an alternative banking mechanism within the framework of the international law, its visiting Foreign Minister Dr. Hossein Amir-Abdollahian on Thursday. In his address at an interactive meeting organised by MVIRDC World Trade Centre, Mumbai an international trade promotion organisation, and the All India Association of Industries (AIAI), he said: "I had a fruitful discussion with senior ministers of the Indian governm...
Iran explores alternative banking mechanism to promote trade with India
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