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  • Saudi Prince Mohammed bin Salman begins Pakistan visit with $20 billion pact
    World NewsSaudi Prince Mohammed bin Salman begins Pakistan visit with $20 billion pact

    Saudi Arabia and Pakistan on Sunday signed a pact worth $20 billion for investments in cash strapped South Asian country.

    7 months ago
  • Donald Trump seeks to move past Stormy Daniels lawsuit
    World NewsDonald Trump seeks to move past Stormy Daniels lawsuit

    US President Donald Trump has sought to move past a lawsuit from pornstar Stormy Daniels, stating in a court filing that he would not seek to enforce a 2016 settlement agreement between Daniels and Trump's former attorney, Michael Cohen.

    1 year ago
  • Nepal-China finalize landmark Transit Protocol
    SourcesNepal-China finalize landmark Transit Protocol

    In a major breakthrough, Nepal and China have finalised the text of the much-awaited protocol of Nepal-China Transit and Transportation Agreement that will allow Nepal to use Chinese ports for third-country trade.

    1 year ago
  • India, US sign key defence pact but no waiver on Russian, Iranian purchases (Roundup)
    SourcesIndia, US sign key defence pact but no waiver on Russian, Iranian purchases (Roundup)

    India and the US on Thursday signed a long-negotiated defence pact that enables Indian armed forces to buy more sensitive military equipment from Washington but there was no progress on securing a waiver from American sanctions that bar New Delhi from purchasing Russian weapons or Iranian oil.

    1 year ago
  • COMCASA to give India access to high-end US defence technology
    SourcesCOMCASA to give India access to high-end US defence technology

    The Communications Compatibility and Security Agreement (COMCASA) that was signed on Thursday after the first ever India-US 2+2 Ministerial Dialogue will give India access to high-end US defence technology.

    1 year ago
  • India, US strategic ties get boost at first 2+2 dialogue (Lead)
    SourcesIndia, US strategic ties get boost at first 2+2 dialogue (Lead)

    India and the US on Thursday elevated their strategic ties to a new level and signed a long-negotiated defence pact that will enable Indian armed forces to buy more sensitive military equipment from Washington while they also pledged to cooperate for ensuring "a free, open Indo-Pacific" region to contain China's expansionist aspirations.

    1 year ago
  • India, US sign key defence pact
    SourcesIndia, US sign key defence pact

    India and the US on Thursday signed a long-negotiated and landmark defence agreement, COMCASA, which will enable Indian armed forces buy more military equipment from Washington and also access critical and encrypted defence technologies.

    1 year ago
  • US, Canada resume trade talks to bridge differences over NAFTA
    SourcesUS, Canada resume trade talks to bridge differences over NAFTA

    Negotiators from the US and Canada have resumed trade talks here to bridge their differences on the North American Free Trade Agreement (NAFTA) after the two sides failed to reach a deal last week. "Our officials have continued to work hard and constructively over the weekend and we are looking forward to constructive conversations today," Canadian Foreign Minister Chrystia Freeland told reporters here on Wednesday, Xinhua reported. The trade talks came after US President Donald Trump said on Saturday that there is "no political necessity" to keep Canada in the new NAFTA deal. "If we don't make a fair deal for the US after decades of abuse, Canada will be out," Trump said via Twitter, threatening to terminate the 24-year-old trilateral trade deal. The White House has pressured Canada to accept the preliminary agreement it struck with Mexico last Monday to update the trilateral trade deal. But Canada insisted that it would only sign a new agreement that is good for the country. One of the major sticking points in the talks is a so-called dispute resolution system, contained in Chapter 19 of the original NAFTA agreement. The US has proposed to scrap the dispute resolution system that Canada regard as crucial. "We' ve said from the very beginning that we need a dispute resolution mechanism like Chapter 19 and we will hold firm on that," Canadian Prime Minister Justin Trudeau said on Tuesday. "As I've said, we will not sign a deal that is bad for Canadians and, quite frankly, not having a Chapter 19 to ensure that the rules are followed would be bad for Canadians," he said. While US officials have indicated that they are prepared to go ahead and sign a NAFTA deal only with Mexico, the US business community and many lawmakers have insisted that the NAFTA deal should remain a trilateral pact. Senate Finance Committee Ranking Member Ron Wyden on Tuesday also refuted Trump's assertion that he could unilaterally withdraw from NAFTA without congressional approval. "The president needs to take a look at the Constitution -- it gives Congress authority over trade. The President cannot pull America out of NAFTA without Congress's permission," Wyden said in a statement. Talks on renegotiating the NAFTA began in August 2017 as Trump threatened to withdraw from the trilateral trade deal, which he claimed harmed US industries and jobs.

    1 year ago
  • Agreement signed for military aviation service centre in Hyderabad
    SourcesAgreement signed for military aviation service centre in Hyderabad

    India-based Space Era Materials and Processes and Russias KRET, a part of Russian state corporation Rostec, have signed an agreement to set up a service centre for military aviation in Hyderabad.

    1 year ago
  • RCEP trade negotiations will continue into 2019: Prabhu
    SourcesRCEP trade negotiations will continue into 2019: Prabhu

    The long-drawn negotiations for the Regional Comprehensive Economic Partnership (RCEP) agreement will continue into 2019 to sort out issues related to goods and services trade among member nations, Commerce Minister Suresh Prabhu said on Tuesday.

    1 year ago