India and Iran ink nine pacts, including DTA, visa liberalisation

download (1)Source: Business Standard, Feb 18, 2018

New Delhi: Prime Minister Narendra Modi today held “substantive” talks with Iranian President Hassan Rouhani to boost cooperation in key areas of security, trade and energy, after which the two sides inked nine pacts, including one on double taxation avoidance.

The two leaders also deliberated on regional situations during their wide-ranging talks.”Both leaders held substantive & productive discussion on cooperation in trade & investment, energy, connectivity, defence & security & regional issues,” External Affairs Spokesperson Raveesh Kumar tweeted.

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Hassan Rouhani arrives in India today, visit to bolster India-Iran ties

download (1).jpgSource: The Hindu Business Line, Feb 14, 2018

New Delhi: Days after Prime Minister Narendra Modi completed a four-nation tour of West Asia and the Gulf region, India will play host to Iranian President Hassan Rouhani from Thursday.Analysts view Rouhani’s visit as an outcome of India’s deft manoeuvring of new alignments in the volatile region which hosts about 7 million expatriate Indians, and is a source of valuable foreign remittances and energy for India.

Rouhani’s three-day visit is his first to India since he took office in August 2013. “President Rouhani will be accorded a ceremonial reception on 17 February,” an Indian foreign ministry statement said on Wednesday.

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India, Oman sign 8 agreements as PM Modi meets Sultan Qaboos

download (2)Source: The Hindu Business Line, Feb 11, 2018

Muscat: Prime Minister Narendra Modi today held wide-ranging talks with the Sultan of Oman as the two sides signed eight agreements, including pacts on cooperation in the field of defence, health and tourism. Modi, who arrived here from Dubai on the last leg of his three-nation tour, led delegation-level talks with Qaboos bin Said al Said and discussed measures to strengthen cooperation in trade and investment, energy, defence, security, food security and regional issues.

“Charting out new frontiers in our bilateral relationship, PM @narendramodi led delegation-level talks with Sultan Qaboos of Oman. The two strategic partners discussed to strengthen cooperation in trade & investment, energy, defence & security, food security and regional issues,” Ministry of External Affairs Spokesperson Raveesh Kumar tweeted.

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Finance to skill development: 12 pacts to be inked when PM Modi visits UAE

download (1).jpgSource: Business Standard, Feb 06, 2018

New Delhi: As many as 12 agreements will be signed during Prime Minister Narendra Modi’s visit to the UAE later this week as India and the oil-rich Gulf nation look to intensify economic cooperation, a top diplomat said on Tuesday.

The agreements will include areas like finance and skills development. Modi will start his visit to three West Asian countries – Palestine, the UAE and Oman – on Friday with focus on cooperation in key areas of defence, security and counter- terrorism. “PM Modi is visiting the UAE on 10 February.

There would be a state visit and during that visit 12 agreements will be signed between our countries,” UAE Ambassador to India Ahmed Al Banna said.

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Singapore Telecom to invest Rs2,649 crore in Bharti Telecom

download (3).jpgSource: LiveMint.com, Feb 06, 2018

New Delhi: Singapore Telecommunications Ltd (Singtel) will indirectly raise its stake in Bharti Airtel Ltd by investing Rs2,649 crore in Bharti Telecom Ltd, the promoter company of Airtel, through a preferential allotment of shares.

The investment comes within two years of Singtel’s participation in Bharti Telecom’s rights issue of Rs2,500 crore, which was completed in February 2016, Bharti Airtel said in a statement on Monday.

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India, Russia to collaborate in hydrocarbon sector in Vietnam

download.jpgSource: The Economic Times, Jan 31, 2018

NEW DELHI: India may join hands with Russia for expanding its presence in the hydrocarbon sector in Vietnam, a move that may not upset China given its close ties with Russia.

The indication for trilateral cooperation with friendly countries in Vietnam’s hydrocarbon sector came when Prime Minister Nguyen Xuan Phuc called on President Ram Nath Kovind in Delhi on January 24, on the eve of the Indo-ASEAN Commemorative Summit.
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India and Cambodia ink 4 pacts to boost defence ties

Source: Business Standard, Jan 29, 2018

Chennai: India and Cambodia on Saturday inked four pacts, including one to improve cooperation in prevention, investigation of crimes and legal assistance in criminal matters, besides a line of credit from India to fund Cambodia’s Stung Sva Hab water resources development project for $36.92 million.

The pacts were signed after comprehensive talks between Prime Minister Narendra Modi and his Cambodian counterpart Samdech Hun Sen, who agreed to further enhance bilateral defence ties, including through exchanges of senior-level defence personnel and capacity building projects.

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