Global Biofuels Alliance (GBA) is an initiative of the G20 attendees who participated in the G20 Summit 2023. The initiative marks the beginning of a new world order with clean energy transition, as it aims to promote the use of biofuels as an alternative to fossil fuels. Biofuels are liquid fuels derived from biomass (plant […]
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 […]
A multinational rails and shipping project – India-Middle East-Europe mega economic corridor has been announced at the G20 Summit 2023. This step is seen as a challenge to China’s economic ambitions in the region. It aims to link Middle Eastern countries by railway and connect them to India by port, helping the flow of energy […]
Banks are facing a risk that stricter environment, social and governance criteria could worsen the trade finance gap by cutting off access to financing for companies that need it most. It could hinder their expansion of sustainable trade finance offerings to meet growing corporate demand. Trade finance comprises financial instruments that support a company’s imports […]
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