Economic Diplomacy
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World Bank raises South Asia growth forecast to 6.4% on India demand
India’s economic growth forecast for the current fiscal year, ending in March 2025, was revised to 7% year-on-year, up from…
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Govt. to review risk modality with FIs on ESP loans: Bhutan PM
Following the approval of only a few loan applicants under the Economic Stimulus Programme (ESP), Prime Minister Tshering Tobgay announced…
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Gas Extraction Contract for Tuti Maidan Signed with Uzbek Company
The contract for the exploration and extraction of gas from the Tuti Maidan area in Jawzjan province was signed today…
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Bangladesh can maintain the electricity contract with Adani
Setting aside pricing concerns, supply concerns and legal challenges could keep Bangladesh in the power purchase agreement with India’s Adani…
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Maldives’ Latest Move to Attract Indian Tourists: Easier Payments
Maldives is now supporting payments through cards running on RuPay, India’s card payment network. The decision was announced this week…
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World Bank concerned over Maldives’ ‘limited progress’ in urgently needed fiscal reforms
The World Bank said on Thursday that the Maldives has made limited progress in implementing the fiscal reform plan proposed…
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Pakistan, Saudi Arabia sign MoUs valuing $2.2bn in multiple sectors
Pakistan and Saudi Arabia signed 27 memorandums of understanding (MoUs) worth $2.2 billion in various sectors on Thursday. Last night,…
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Sri Lanka explores trade and investment opportunities in Gothenburg
Ambassador of Sri Lanka to Sweden Kapila Fonseka successfully concluded a two-day official visit to Gothenburg, the second largest city…
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Bhutan Food and Drug Authority to certify exports for Indian market
The Bhutan Food and Drug Authority and the Food Safety and Standards Authority of India recently held a bilateral meeting…
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UNDP pivotal in shaping Maldives’ development: Maldives President
President Dr. Mohamed Muizzu on Thursday, has stated that the United Nations Development Programme (UNDP) has been instrumental in shaping…
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