Region Indo-Pacific Financial News
10.09 / 21:47
G20
Military
New Delhi
plane
Trudeau’s plane grounded in India by technical issues following G20 summit
Prime Minister Justin Trudeau’s return to Canada from the G20 summit in India has been delayed by problems with his plane.
10.09 / 17:23
Digital
Cooper
Manufacturing
Platform
FLEX
country
boost
India, France to boost defence production
NEW DELHI : Prime Minister Narendra Modi and French President Emmanuel Macron on Sunday decided to expand production of advanced defence technologies in India, including for third countries in the Indo-Pacific region and beyond. The two leaders were meeting bilaterally on the sidelines of the G20 leaders’ summit in New Delhi.
09.09 / 19:47
MET
Cooper
country
cover
Japan's Kishida seeks easier investment rules
Narendra Modi and his Japanese counterpart Fumio Kishida on Saturday held wide-ranging discussions on investment climate in India, status of Mumbai-Ahmedabad bullet train and India-Japan-Bangladesh trilateral as part of their bilateral Indo-Pacific partnership. Modi and Kishida met here after the Session 1 of the Day 1 of G20 Summit in what was their third meeting so far this year. «Held productive talks with PM @kishida230. We took stock of India-Japan bilateral ties and the ground covered during India's G20 Presidency and the Japan's G7 Presidency.
08.09 / 19:51
UPS
MET
Progressive
Align
country
Modi, Biden pledge to deepen India-U.S. partnership as world leaders descend on Delhi for G20 summit
NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden pledged Friday to deepen the partnership between their countries in their second bilateral meeting in less than six months, as Delhi prepares to host a meeting among leaders of the Group of 20 leading industrialized and developing countries.
08.09 / 09:45
COST
country
Deal
G20 Summit 2023: India, US, Saudi Arabia to discuss rail, port deal
Joe Biden is en route to the G20 conference in New Delhi, India, where he is scheduled to hold discussions with Indian Prime Minister Narendra Modi and possibly meet with Saudi Crown Prince Mohammed bin Salman. The proposed multinational infrastructure deal holds significant strategic importance.
08.09 / 02:51
Assurant
Strategy
show
country
PM Modi likely to meet Sheikh Hasina on Friday on the eve of G20 Summit
Bangladesh Prime Minister Sheikh Hasina, a close ally of India, is visiting India as a G20 invitee and her meeting with Prime Minister Narendra Modi on Friday assumes significance ahead of the parliamentary election in her country in January 2024. Over the past decade India has launched several cross-border connectivity and energy projects to boost the Bangladesh economy, complementing efforts undertaken by the Hasina government. Bangladesh is emerging as a link to landlocked Northeast India. Japan, Bangladesh and India have formed a trilateral to connect Northeast India via Bangladesh to the Bay of Bengal.
07.09 / 11:21
Cooper
Extreme
Action
Remark
country
voice
Cooperation
PM Modi calls for rules-based global order to strengthen Asean-India cooperation
COVID-19 pandemic. His remarks come amidst growing concerns over China's assertive actions in territorial disputes, which were highlighted by Beijing's release of a controversial map claiming territories of other nations as part of China. India, Japan, Indonesia, Malaysia, the Philippines, Vietnam and Taiwan have protested against the Chinese map.
07.09 / 03:13
UPS
Cooper
Waters
Remark
show
country
Cold War
China warns against 'new Cold War' at ASEAN summit
Li Qiang said on Wednesday it is important to avoid a «new Cold War» when dealing with conflicts between countries as world leaders gathered in Indonesia amid sharpening geopolitical rivalries across the Indo-Pacific region. Speaking at an annual summit involving members of the Association of Southeast Asian Nations (ASEAN) and China, Japan and South Korea, Li said countries needed to «appropriately handle differences and disputes». «At present, it is very important to oppose taking sides, bloc confrontation and a new Cold War,» Li told the meeting. ASEAN, which has warned of the danger of getting dragged into major powers' disputes, is also holding wider talks with Li, U.S. Vice President Kamala Harris and leaders of partner countries including Japan, South Korea, Australia and India. Neither U.S.
06.09 / 09:11
Digital
Cooper
Progressive
Extreme
show
country
SOLIDARITY
ASEAN Summit critical to uphold ASEAN solidarity in era of global uncertainty
ASEAN Summit in Jakarta will be extremely critical for all stakeholders particularly ASEAN members to drive home point on ASEAN solidarity amid major geo-political upheavals including in SE Asia and Indo-Pacific region. It is imperative for the ASEAN leaders under Indonesia’s presidency to reiterate ASEAN solidarity on key challenges including in the South China Sea region. The ASEAN should be united on matters of Code of Conduct negotiations with China.
05.09 / 12:23
Trade
Canadian Politics
ASEAN
Canada set to become strategic partner with ASEAN trading bloc
Canada’s status within the Indo-Pacific region is set to get a boost as the Association of Southeast Asian Nations prepares to make Ottawa its latest strategic partner when Prime Minister Justin Trudeau visits Indonesia.
03.09 / 17:53
UPS
Aware
Action
stage
country
voice
PM Narendra Modi likely to focus on territorial integrity, freedom of navigation
Narendra Modi is expected to focus on safeguarding territorial integrity and freedom of navigation in the Indo-Pacific region during his September 6-7 Jakarta visit for the Asean Summit and East Asia Summit (EAS), in the backdrop of China's 'new standard map'. Besides India, several Southeast Asian nations, including Malaysia, Philippines, Vietnam and Indonesia, have protested China's new map which focuses on the South China Sea region, Arunachal Pradesh and Aksai Chin. India had lodged a strong protest with China. The PM is expected to send a message that territorial integrity of Indo-Pacific states must be safeguarded and pitch for inclusive nature of India's Indo-Pacific policy amid China's aggressive designs in the region, said people aware of the matter. India's steadfast commitment to freedom of navigation through the South China Sea region, where tensions have been building up, will also be in focus, said the people. The PM will also highlight India's agenda for the global south, with the Asean Summit taking place on the eve of G20 Summit in New Delhi. In June, the PM had addressed a gathering at the G20 development ministers' meeting in Varanasi and stated that «development is a core issue for the global south». «The countries of the global south were at the receiving end of the Covid pandemic.
03.09 / 09:43
UPS
Digital
Progressive
Platform
country
voice
social
PM Modi's full interview: India PM unfolds views on inflation, G-20 meetings, climate change and more
Prime Minister Narendra Modi by Editor-in-Chief Vijay Joshi and senior editors late last week at his Lok Kalyan Marg residenceQ: The G-20 Presidency has given India the opportunity to promote its vision for a sustainable, inclusive and equitable world, and to raise its profile as a leader in the Indo-Pacific region. With just days left for the summit, please share your thoughts on achievements of Indian Presidency.A: To answer this question, we need to set the context on two aspects. The first is on the formation of the G20. Second is the context in which India got the G20 Presidency. The genesis of the G20 was at the end of the last century. The major economies of the world got together with a vision of a collective and coordinated response to economic crises. Its salience grew even more during the global economic crisis in the first decade of the 21st century. But when the pandemic struck, the world understood that in addition to the economic challenges, there were also other important and immediate challenges impacting humanity.
01.09 / 13:51
UPS
Cooper
Action
SPY
Japan sanctions 3 groups and 4 individuals for supporting North Korea's missile program
Japan’s government is imposing sanctions against three groups and four individuals for supporting North Korea’s missile and nuclear development program
30.08 / 16:33
UPS
Cooper
Align
country
foreign
Quad foreign ministers’ meeting likely on sidelines of UNGA in New York in Sept
The foreign minister of Quad group -- which includes India, Australia, Japan and the United States – are likely to meet on the sidelines of the United Nations General Assembly (UNGA) in New York in September. The meeting of the foreign ministers is being held to expand the cooperation in the Indo-Pacific region, people familiar with the development said on Wednesday. The meeting has however not been confirmed yet.
20.08 / 16:05
Reuters
Cooper
country
foreign
Foreign investment
Germany wants tighter foreign investment controls amid China 'de-risking'
BERLIN (Reuters) — German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new law that would aim to enhance economic security, according to a ministry document seen by Reuters on Sunday.
16.08 / 05:31
UPS
Provident
Aware
Manufacturing
Platform
Thyssenkrupp
country
Deal
Indian
Germany, Spain join Mazagon Dock Shipbuilders in contest for $4.8 billion Indian submarine deal
defense manufacturing giants are seeking to win a Rs Rs 40,000 crore ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China’s expanding naval presence in the Indo-Pacific region. Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named because discussions are private.
11.08 / 01:29
Provident
Cooper
Assurant
Strategy
stage
country
boost
Sri Lanka pushes trilateral partnership with India & Japan to boost growth
India and Japan being active and vital middle powers in the Indo-Pacific region, their partnership for project-specific support in Sri Lanka holds significance and with their proven experience, knowledge, and expertise in tackling specific development challenges, both countries could support Sri Lanka financially and technically, suggested report brought out by prominent Colombo-based think tank Pathfinder Foundation. The report — “Medium and Long-term Strategy for Indo-Japanese Collaboration to Support the Economic Transformation of Sri Lanka” — was released here on Thursday in partnership with two prominent think tanks based in New Delhi, namely, NATSTRAT and Vivekananda International Foundation, and the Confederation of Indian Industry.
10.08 / 13:09
Provident
Stealth
India, Japan, US, Australia to hold first Malabar naval exercise off Australia
Maritime Self Defence Force (JMSDF) and the Royal Australian Navy (RAN) will participate in the excercise, it added. The Malabar series of maritime exercise commenced in 1992 as a bilateral exercise between Indian Navy and US Navy and has grown in stature over the years to include four prominent navies in the Indo-Pacific Region. The 2020 edition witnessed the maiden participation of the Royal Australian Navy (RAN).
10.08 / 11:33
Provident
Stealth
Indian
Indian ships to participate in Malabar Naval Exercise in Australia
INS Sahyadri and INS Kolkata will participate in Exercise MALABAR 2023, which is being hosted by the Royal Australian Navy from August 11 to 21. Other than India, US Navy (USN), Japan Maritime Self-Defence Force (JMSDF) and the Royal Australian Navy (RAN) are also participating in the exercise, according to the statement released by the Ministry of Defence. It is pertinent to mention here that this is for the first time that the Royal Australian Navy is hosting the exercise.
08.08 / 18:21
UPS
BLOCK
country
India seeks bigger role in Indo-Pacific as China continues on aggressive path
maritime space and eyeing the same India is focusing on a larger role in Indo-Pacific. The recent developments in the region are hinting that India is seeking a big-brother role in the Indo-Pacific region, especially for countries affected by China's expansionist policies.
04.08 / 20:27
UPS
Provident
Cooper
Fighting
Strategy
country
Cooperation
Japan's Kishida hopes to further strengthen strategic cooperation with US and South Korea at summit
Japanese Prime Minister Fumio Kishida says he has high hopes to discuss further strengthening of three-way strategic cooperation with the United States and South Korea at a summit hosted by President Joe Biden at Camp David later this month
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