Why the Sitmex naval drill matters for Indo-Pacific
This annual exercise is a key manifestation of intra-Asian security networking and highlights growing synergy between the three friendly navies of Singapore, India and Thailand.
TATA Projects completes Surathani-Phuket transmission line project in Thailand
The project by TATA will bring additional electricity to Phuket thereby improving the lives of citizens.
Biocon enters into a licensing agreement with DKSH
Under this agreement, DKSH will sell and distribute seven of Biocon Pharma's generic formulations in Singapore and Thailand.
For the love of neighbours and crude oil
As 2018 comes to a close, ‘India Global Business’ reviews some of the major foreign visits, inbound and outbound, as a base to assess the course of India’s foreign policy for the New Year. India’s overall foreign policy underwent a significant and dramatic shift in stance in 2018. It was dictated by two major developments — the ones in the immediate neighborhood and the need to secure energy in light of the US sanctions on Iran. While in the first [...]
Bimstec: A viable alternative to SAARC
The cancellation of the 2016 SAARC summit in Islamabad, Pakistan, marks a major turning point in the geopolitical configurations in South Asia. Bimstec wasn’t a term many people outside of government circles in Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan were familiar till recently. Then, India, Bangladesh, Afghanistan, Bhutan and Sri Lanka decided to pull out of the SAARC Summit in Islamabad citing Pakistan’s continuing support for and export of terrorist groups as part of its state policy. [...]
India must institutionalise approach to trade negotiations
As India takes its place as the fastest growing economy within the global economic order, it is about time the government looked at appointing a dedicated “Indian Trade Representative”, argues India Inc. CEO.
Does India need a dedicated office of a Trade Representative (TR) akin to the United States Trade Representative (USTR)? India has ongoing bilateral and multilateral trade negotiations with the European Union, Thailand, Asean and the Gulf Cooperation Council, among more than a dozen countries and blocs. Then, it has, at last count, at least 45 trade disputes with...
Thailand pushes for long-overdue FTA with India
Thailand is among India’s top-most trading partners in South Asia and yet a free trade agreement (FTA) between the two has proved difficult for all these years. There is renewed hope this arrangement may finally be put to rest as Bangkok is keen to thrash out the broader brushstrokes, leaving the nitty-gritties for later. India and Thailand share more than just a maritime border in the Andaman Sea, with religious and cultural ties providing a strong base for what is [...]