Economic Diplomacy
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India and European EFTA Bloc Forge Groundbreaking $100 Billion Free Trade Alliance
In a landmark development aimed at fostering economic collaboration and bolstering trade relations, India and the European Free Trade Association…
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Indian travellers can now scan and pay in Nepal
By Sangam Prasain & Krishana Prasain Kathmandu : Indian tourists visiting Nepal were able to pay for the services through their…
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India’s Interim Budget Will Have Spillover Effects on South Asian Economy
India’s interim budget focus on poor, youth, farmers and women will not only uplift more than 60 percent of the…
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Nepal proposes electricity tariff for Bangladesh export deal
Dhaka: Nepal has proposed a tariff for the power it plans to export to Bangladesh as the two sides inched…
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ADB provides $160 million to boost energy supply and distribution in Dhaka
Dhaka: The Asian Development Bank (ADB) and the Government of Bangladesh signed a $160 million loan agreement to help upgrade Dhaka’s…
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World Bank Commits Over $1.1 Billion to Boost Human Development and Climate Resilience in Bangladesh
Dhaka: In a significant move towards fostering resilient and inclusive growth in Bangladesh, the World Bank has inked five financing…
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ADB Champions Sri Lanka’s Water Supply Sector Reform with Strategic Funding
Colombo: In a significant development, the Asian Development Bank (ADB) has committed to funding Sri Lanka’s forthcoming water supply sector…
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Sri Lanka Addresses Transparency Concerns Over $4.2 Billion China Debt Deal, Shares Details with IMF and Creditors
Colombo: In a recent development, the Sri Lankan government has taken steps to address concerns regarding transparency surrounding the $4.2 billion…
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Pakistan and IMF reach deal for releasing $700m from $3bn bailout package
By Abid Hussain Islamabad, Pakistan – Pakistan and the International Monetary Fund (IMF) have reached a preliminary deal for the…
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World Bank approves $150 Million to strengthen financial sector in Sri Lanka
WASHINGTON, (World Bank)— The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to…
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