US senators object to wheat, rice subsidies in India; USTR says market access to India has improved

Washington: India has opened up its market to the American farming industry in as many as 12 different categories, a top Biden administration trade official told lawmakers on Wednesday as some influential senators raised the issue of wheat and rice subsidies in India and alleged forced labour in the country’s shrimp industry. US Trade Representative…

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Pakistan’s economic outlook ‘uncertain’, says ADB as it predicts 1.8% growth for FY2024

Islamabad: The Asian Development Bank has said that Pakistan’s economic outlook remains uncertain, as political instability would remain a key risk to the sustainability of stabilisation and reform efforts, according to a media report. The Manila-based lending agency in its ‘Asian Development Outlook’ said potential supply chain disruptions from the escalation of the conflict in…

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China says ‘great positive progress’ made to resolve border row with India

Beijing: China and India have made “great positive progress” to resolve the border standoff, with both sides maintaining close communication, a senior foreign ministry official said here on Friday. The foreign ministry spokesperson Mao Ning’s remarks were further elaboration on China’s reaction to Prime Minister Narendra Modi’s recent statement in which he said that for…

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