Author: Kashish.goyal

Table of Content During a recent conversation with his Ukrainian counterpart, China’s Foreign Minister Qin Gang expressed his worries about the ongoing Russia-Ukraine war. He emphasised the need for discussions toward a political resolution with Moscow. In an unusual phone call, Qin Gang spoke with Ukraine’s Foreign Minister Dmytro Kuleba and conveyed China’s desire for the negotiations to lead to a peaceful solution to the conflict. According to the statement, Qin Gang informed Kuleba that “China has always maintained an impartial position on the Ukraine matter.” As per the reports, Qin Gang also emphasised that China is dedicated to supporting…

Table of Content Australian Prime Minister Anthony Albanese justified the decision to purchase nuclear submarines for A$368 billion ($244.06 billion), following criticism from two former leaders who raised concerns about the deal’s cost and possible impact on sovereignty. The AUKUS deal, which was announced in San Diego, involves Australia acquiring the U.S. Virginia-class submarines and collaborating with Britain on the production and operation of a new class of submarines known as SSN-AUKUS. Former Australian Prime Minister Malcolm Turnbull expressed his frustration that “expressing concerns about the AUKUS deal resulted in accusations of lacking patriotism.” On the other hand, Paul Keating,…

Table of Contents Pakistan will not take part in the upcoming Shanghai Cooperation Organization’s chief justice meeting, which is set to occur in New Delhi between March 10 and 12, 2024. The spokesperson for Pakistan’s Foreign Office, Mumtaz Zahra Baloch said, “Pakistan takes part in all SCO events as an active member and contributes positively to their results.” In the statement, it was mentioned that the Chief Justice of Pakistan expressed “his apologies to his Indian counterpart, because of his unavoidable commitments that prevent him from joining the SCO Chief Justices meeting taking place from March 10 to 12, 2024.”…

As per the yearly threat assessment by the US Intelligence Community, there is a chance of escalating tensions between India and China, and India and Pakistan, which could lead to conflicts between these nations. In the report, it was highlighted that the ongoing crises between India and Pakistan are a cause for worry due to the possibility of a dangerous escalation between the two nations armed with nuclear weapons. The US Intelligence Community’s report warns that the increased military presence of Indo-Chinese in the disputed border region raises the possibility of a conflict between two nuclear-armed countries. The report also…

India has provided Sri Lanka with unconditional support based on the IMF-Paris Club’s assessment of debt sustainability. However, on Monday, China, Sri Lanka’s close friend, offered a two-year loan moratorium for the years 2022 and 2024 to solve Colombo’s immediate debt repayment burden. According to Mr Zhang Wencai, the Vice President of China’s Export and Import Bank, the IMF-Paris club recommended a 10-year debt moratorium and 15 years for loan restructuring in Sri Lanka. In response to a request from Colombo, the Bank has informed the Ranil Wickremesinghe government in writing that it will provide a debt service extension for…

During the opening of China’s annual parliamentary meeting, Premier Li Keqiang stated that Beijing must encourage peaceful relations with Taiwan and work towards China’s “peaceful reunification.” Additionally, he stressed that China should take strong measures to prevent any attempts at Taiwanese independence. Premier Li Keqiang expressed that since the people of China and Taiwan share a family bond, there should be progress made in economic and cultural exchanges and cooperation between the two sides. He also highlighted the need to enhance systems and policies that benefit the welfare of Taiwanese citizens. Over the past three years, China has escalated its…

With the recent development in the ongoing saga of the Russia-Ukraine war, the Chinese Foreign Ministry has released a 12-Point Policy paper on the same in wake of the one year anniversary of the war. In these papers, China portrays itself as a “Peace Broker” country that wants both countries to solve the conflict through dialogue and discussions to restore peace and tranquillity on their borders. China warns that Nuclear weapons should and must not be used in the conflict. China urged both countries to avoid attacking civilians. The top priority of both nations should be to facilitate a ceasefire…

US Treasury Secretary Janet Yellen met Nirmala Sitharaman in the 9th meeting of the India-USA Economic and Financial Partnership held in New Delhi. This meeting was held ahead of the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Bengaluru. While briefing the media, Janet Yellen said that both US and India understand the importance of mutual coexistence to advance the shared goals of both countries. India and US have always stood for democratic values, upholding territorial integrity and sovereignty and protecting the human rights of their citizens. “Our relations with India are open, frank, and productive”, she…

India’s Fintech sees global expansion which marks the beginning of a new era of digitisation, as India and Singapore linked India’s UPI and Singapore PayNow for real time digital payment systems. ‘Digital India’ and India’s fintech innovation have grown in leaps and bounds. With this latest development of cross-border connectivity and easy linkage between UPI and PayNow has made convenience at your fingertips. Now simply by using mobile numbers money can be transferred easily and quickly between two countries. This will make things much simpler for students, migrants, tourists etc who are crossing borders. Reserve Bank of India’s Governor Shaktikanta…

India and Italy are expected to end nearly a decade of tensions over the arrest of Italian marines and other issues firmly behind them with discussions about a bilateral defence agreement that is likely to be announced during Italian Prime Minister Giorgia Meloni’s visit to India. Ms Meloni will meet Narendra Modi after 3 months, they last met on the sidelines of the G20 summit that happened in Bali. Ms Meloni, the far-right Italian leader will be the chief guest of the Raisina Dialogue conference that is scheduled to happen on 2nd March in New Delhi. Giorgia Meloni will be…