Author: Ritik Pal

Kathmandu dropped several BRI projects which would be completed under China’s dream project Belt and Road Initiative. Nepal signed 35 different projects under BRI during former Prime Minister KP Sharma Oli Chinese visit in 2017. In 2017, After signing the BRI deal Nepal government had constituted the two committees to select the projects for negotiation with Chinese side, and the committee led by finance secretary chosen 35 projects for negotiation, but all these project are financed through loans with Nepal. Nepal did not capable to bear such loans, Kathmandu trimmed down the number of projects to nine, as per Chinese…

The major cabinet reshuffle in French politics announced on 20 May ahead of Parliamentary election next month. The decision came out after the new prime Minister Elisabeth Born is appointed by the French president Emmanuel Macron. The new Cabinet has 28 ministers and equal number of male and female leaders. The new cabinet has retained three old guards, the Finance and Economy Minister, Bruno Le Maire; the Interior Minister, Gérald Darmanin, both the Minister have Center-Right background and the Justice Minister, Eric Dupond-Moretti. Therefore, the newly added Minister is Foreign Minister, Catherine Colonna, a Centre-Right. Catherine is currently the ambassador…

Chinese foreign minister, Wang Yi suggested the expansion of BRICS in the 14th BRICS foreign ministers meet held on 19 May 2022. China is the current chair of the grouping. The Joint statement of the BRICS meet reads out that “the Ministers supported promoting discussions among BRICS members on BRICS expansion process. They stressed the need to clarify the guiding principles, the standards, criteria and procedures for this expansion process.” The BRICS foreign ministers adhered with the Chinese proposal, but they want to draw the criteria, standards, principles and procedures of any new entry in the grouping. However, it did not discussed any names who will…

In the last 24 hours, many Ukrainian soldiers surrendered to Russia forces who were continuing their resistance from Mariupol at Azavstol Steel plant. After this surrender Kremlin is planning to take full control of the city. Russian Defence Ministry Spokesperson said that In the past 24 hours, 771 fighters of the Azov nationalist battalion holed up in the Azovstal steel works surrendered. Overall, 1,730 fighters, including 80 wounded servicemen, have surrendered since May 16 and, on the other side Ukraine said 264 soldiers, including 53 wounded, had left. The Ukraine and the west are now concerned about the future of…

The G7 development ministers meet is currently underway. The G7 2022 presidency is under Germany who is leading the discussion on the range of ministerial level  meetings in the G7. The G7 Agriculture ministers meet was also concluded before the G7 development ministers meet. The development ministers meet is a two day long discussion. On the second day of the discourse, the health ministers of G7 countries will also participate in the meet where they will discuss covid-19 control and pandemic prevention. Indian representatives is also participating in G7 development ministers meet along with Indonesia, Senegal representatives and Achime steiner,…

Germany criticized India’s decision to restrict wheat export from the G7 stage. German agriculture minister cem ozdemir after G7 agriculture ministers meet said “if everyone starts to impose export restrictions or to close market that to worsen crisis”, further German foreign minister Annalena Baerbock said that How serious this crisis is and we need to work together. Germany is the G7 chair. This is the first international reaction after export restriction. After that the indian embassy in Germany issued statement, which reads out that “India’s export policy for wheat to manage the overall food security situation in overall India and…

India has banned the export of wheat amid rising food prices and inflation. India is committed to providing food security to neighboring countries and other vulnerable developing countries, the ministry of commerce in the notification said. The present export policy allows specific exceptions to export wheat.  when an Irrevocable Letter of Credit (ICLC) has been issued before or on the date of the notification and when the government of India will allow export to other countries to meet their food security on the request of their government. An irrevocable Letter of Credit is issued by the buyer’s bank to the…

The Myanmar military and its proxy have intensified the preparation for the planned election. Myanmar military is planning to hold  elections in 2024 but, they have a back-up plan to retain in power through proxy Union Solidarity and Development Party (USDP). Junta’s proxy USDP held Central Executive Committee meeting on this week.  The meeting was organized for discussion on upcoming Party’s leadership election in June. The USDP Leadership election will decide, who will get the top positions in the new government. The USDP has publicly supported the Junta’s coup and declared that the party members are hunted by the anti-junta…

The former Chief Secretary and Security Secretary, John Lee Ka-Chiu was elected as Hongkong’s Chief Executive in fresh elections on Sunday. He secured 1,416 secret ballot votes of 1,466 members Election Committee. Lee was the sole runner in the election, as the pro-democratic groups had boycotted the election or were outcasted by Legistative Council. Lee is a supporter of controversial China-extradition Bill, and was apparently backed by Chinese Communist Party. He was also earlier sanctioned by US in 2020. How Hongkong’s executive elect The Chief Executive Committee nominates the candidate who must obtain a minimum of 188 votes and a…