According to the US Trade Representative’s findings, Sri Lanka’s high tariff rates – among the world’s highest by certain metrics – along with unpredictable customs procedures and non-transparent policy shifts, have contributed to strained trade relations.
According to the latest forecast from the United States Department of Agriculture (USDA), Bangladesh is expected to import 7.8 million bales of raw cotton in the current fiscal year, up from 7.5 million bales the previous year.
India played a key role as a co-chair in Sri Lanka’s overall debt restructuring discussions, making it a critical diplomatic player in the island nation’s path to financial recovery.
Despite being rich in natural resources such as natural gas, coal, gold, and copper, Balochistan remains one of the poorest regions in Pakistan. The benefits of resource extraction projects largely bypass the local population, fuelling resentment.
While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.
By shifting perishable transportation from road to rail, Indian Railways is not only improving supply chain efficiency but also contributing to environmental sustainability by reducing carbon emissions.
While US Secretary of State Marco Rubio heads to Brussels for high-stakes NATO talks, former President Donald Trump’s recent remarks suggest a shift in American policy toward Russia’s reluctance to agree to a ceasefire.
Pakistan is taking significant steps to deepen its financial and economic engagement with China, aiming to tap into the world’s second-largest capital market and expand corporate opportunities in Hong Kong.