Economic Diplomacy
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EU Announces 61M Euros in Aid for Afghanistan
Kabul: The European Union announced 61 million euros in aid for Afghan refugees who were deported from Pakistan. The EU…
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Indian rupee to trade near record lows despite surging growth- Reuters Poll
New Delhi: The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters…
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Bangladesh loan gave immense relief from socioeconomic pressures: Sri Lanka’s central bank governor
Dhaka: Sri Lanka has immensely benefited from financial support by the SAARC countries, particularly Bangladesh and India, said P Nandalal Weerasinghe,…
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IMF economist turned West African President seeks enhanced business ties with Sri lanka
Colombo: The IMF-economist – turned Côte d’Ivoire (Ivory Coast) President sought enhanced business ties with Sri Lanka and hailed President Ranil…
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As India frowns on paying for Russian oil with yuan, some payments held up
New Delhi: The Indian government’s discomfort over letting state-controlled refiners pay for Russian oil imports with Chinese currency has held up…
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Nepal, India agree to reduce height of Saptakoshi dam
By Prithvi Man Shrestha Kathmandu: Nepal and India have agreed to reduce the height of the proposed Saptakoshi High Dam amid…
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Sri Lanka, EXIM Bank of China reach pact on debt disposal
Colombo: The Export-Import Bank of China reached a preliminary agreement with Sri Lanka last month on the disposal of China-related debts,…
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Pakistan’s caretaker government yields to IMF pressure, plans major gas rate hike
Islamabad: The caretaker government of Pakistan has finalized a plan to increase gas rates by up to 45%, a move prompted…
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Bangladesh and India discuss preparations to start talks for free trade agreement
Dhaka: Bangladesh and India have discussed preparations to start talks for a free trade agreement between the two countries to promote…
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The facelift, the economic injection: What Dhaka airport’s third terminal promises
Dhaka: Reduced export lead time, state-of-the-art cold storage facilities, enhanced cargo handling capacity and much more: these are what the third…
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