In a recent geopolitical event, Iran shocked the world with potential disruption in worldwide oil supply by blocking the strait of Hormuz. This strategic place controls around 30% of the global oil supply and 20% of natural gas exports to the world, passing through this strait. The Strait of Hormuz is one of the biggest […]
The European Union (EU), the world’s largest trading block consisting of 27 countries, and China, the world’s 2nd largest economy with a global manufacturing powerhouse, are failing on the economic front to sustain bilateral trade for both export and import businesses. China and the EU dominated the export market worldwide, with more than 17% and […]
The Red Sea and Panama Canal crises have taken the world of trade by storm. An unexpected chain of events has caused significant slowdowns in the affairs of trade. This has impacted the import and export trade of most countries dealing in various commodities. The escalating attacks in the Red Sea and climate-induced droughts have […]
The US recently presented constructive support for the QUAD, a comprehensive strategic group, by passing a bill in the House aimed at ensuring continuous support and fostering all-weather connectivity through supply chain diversification. What is QUAD? QUAD is a group of the world’s most influential countries including the USA, India, Japan, and Australia. Initially, it […]
The United States of America, the world’s largest gas producer and exporter, is working on a new gas pipeline on Mexico’s coast to bypass the drought-chocked Panama Canal and establish a direct trade route to Asia. This route potentially cuts travel times and costs significantly. Once the development of the proposed project is completed, it […]
Have you ever wondered how strategic forums like the Bilateral Investment Treaty (BIT), Comprehensive Economic Partnership (CEP) and other forums help in fostering the country’s economic growth and how this strengthens the strategic relationship? Let’s understand this whole scenario with India and UAE examples and learn how this provides a platform for businesses and entrepreneurs […]
What if the non-renewable energy source is replaced with a clean, abundant energy source that revolutionizes industry, transforms transportation, and solves the ongoing issues of global warming and Climate change? What! Yes, Hydrogen, which is generally known as the Future fuel. Let’s understand this. Recently, India has proposed a $5 Billion fund for IH2A, a […]
Summary : As the world is already embroiled in the Russia-Ukraine war and the Israel-Palestine conflict, another war could bring serious implications for the world. This time war between Pakistan and Iran could impact global trade and Pakistan’s economy which is already struggling with problems. What would be the impact of conflict on Pakistan-Iran trade? […]
The G20 Summit spotlighted India’s trade discussions with the United States, China, and European countries. The U.S. and the European Union signed an agreement with India to strengthen trade through building rail and sea routes. In 2022, India’s trade with the United States totaled USD 131 billion, with China totaled USD 117 billion, and with […]
Whether a country is close to its immediate neighbors or not, bilateral mediation is essential for rendezvous with other nations. Through these engagements, states strengthen their own international purposes. There are political, economic, and cultural relations between India and the UK. The bilateral trade between these two countries is for promoting trade and commerce. G20 […]
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