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India Delays Missile Deal With Israel, Demands New Tests
New Delhi, 9 December 2018
India-Israel deal for sale aUS$500 million of Rafael's Spike missiles has hit another obstacle, as India has demanded new tests for the homing missiles in the summer of 2019. The tests would focus on the missile's infrared systems.Source:Ha’aretz
India, Saudi Arabia Sign Bilateral Annual Haj Agreement For 2019
New Delhi, Thursday, 13 December 2018
India and Saudi Arabia signed the 2019 Bilateral Annual Haj Agreement on 13 December in the presence Union Minority Affairs Minister Mukhtar Abbas Naqvi and Saudi Arabia's Haj and Umrah Minister Mohammad Saleh bin Taher Benten. During the event Naqvi said the Saudi government has always played an active role in ensuring the safety and comfort of Indian Haj pilgrims and that has strengthened bilateral relations. Source:NDTV
India signed a pact with Iran to pay crude bill in rupee
New Delhi, Thursday, 6 December 2019
Reuters reported that India would import crude oil from Iran using a rupee-based payment mechanism. It was reported that 50% of those payments would be used for exporting items to Tehran and the UCO Bank (India) is expected to announce the payment mechanism in few days. According to report, shipping companies from Russia and China were pitching to facilitate India-Iran trade. Source:Livemint
India-Qatar Trade Surges
New Delhi,Friday, 21 December 2018
In the post-embargo period, a noticeable surge in exports has been registered between India and Qatar and according to officials, 17-buyers from Qatar are visiting India next month to take a look on products at the Indusfood, organized by Trade Promotion Council of India (TPCI) jointly with Ministry of Commerce and Industry.Source:Financial Express
Istanbul, Monday,3 December 2018
Turkey’s Independent Industrialists and Businessmen Association (MÜSİAD) have opened a new office in India.According to said İbrahim Uyar, the head of MUSIAD the office would focus on strengthening the ties between Turkey and India. He noted that there was an imbalance in the trade ties in economic cooperation between the two countries.“It is very important to balance the gap. The biggest aim of MÜSİAD India office will be to reduce this imbalance,” he said.Source: Hurriyet Daily News
India, UAE sign currency swap deal to boost trade ties
Abu Dhabi, Tuesday, 4 December 2018
India and the UAE signed currency swap agreement to boost trade and investment ties between the two countries.The development came during the visit of External Affairs Minister Sushma Swaraj to Abu Dhabi to take part in the ministerial meeting of the 12th session of the UAE-India Joint Commission Meeting (JCM) and held exhaustive discussions with Shaikh Abdullah Bin Zayed Al Nahyan, UAE’s minister of foreign affairs and international cooperation.Source:Gulf News
Air India plans flight services to Iraq's Najaf from Lucknow
Mumbai, Saturday, 8 December 2018
Air India is looking to kick starts a flight service to Najaf (Iraq) from Lucknow via New Delhi, early next year. The airline is discussing modalities of the proposed flight. Source:Economic Times
As part of its editorial policy, the MEI@ND standardizes spelling and date formats to make the text uniformly accessible and stylistically consistent. The views expressed here are those of the author and do not necessarily reflect the views/positions of the MEI@ND. Editor, MEI@ND: P R Kumaraswamy
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