PM Modi congratulates Lee Jae-myung on being elected South Korean president
Congratulations to Mr Lee Jae-Myung on being elected as the President of the Republic of Korea. Look forward to working together to further expand and strengthen the India-ROK Special Strategic Partnership. @Jaemyung_Lee
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Hans India
an hour ago
- Hans India
India seeks to bolster Central Asia trade ties
New Delhi: External Affairs Minister (EAM) S Jaishankar has urged the India-Central Asia Business Council to recommend a roadmap for further deepening of India-Central Asia ties in trade, economic and investment. Addressing the Business Council meeting in the national capital, EAM Jaishankar highlighted three broad objectives for strengthening the economic partnership — deepen existing cooperation, diversify the trade basket and introduce sustainability and predictability in economic interactions. 'One, is to deepen the existing cooperation both in terms of volume and in terms of quality. There is already I think a recognition in each others countries and each others economies of the players and of the products. But, we must build further on that foundation and a very good example here is actually the pharmaceutical sector,' he told the gathering. 'Two, we need to diversify our trade baskets so that all of us have more options and we have more competition and in a way we are looking for new opportunities. I would like our friends from central Asian economies to appreciate that an economy today which is in excess of $4 trillion, which is growing at 6-8 per cent annually, it will create new demands for products, for services and even I would say in a way new demands out of more prosperous lifestyles,' EAM Jaishankar also stressed on the need to introduce greater sustainability and more predictability in economic interactions. 'That means more long-term contracts and arrangements, cross investments, joint ventures and certainly sectors like energy whether we are talking uranium, whether we are talking crude oil even potentially gas, whether we are looking at mining, If you are talking about coal or if you are discussing fertilizers, I think these are all relevant examples to reach really long term understatings between us,' the foreign minister trade and economic ties with Central Asia over the last decade have shown a very strong positive trend. Mutual trade was less than $500 million a decade ago in 2014. Today, 'what we have collectively is actually a trade volume which is almost touching $2 billion.
News18
an hour ago
- News18
'No Equivalence With Terrorists': Shashi Tharoor Says Mediation Between India, Pakistan Not Possible
Tharoor said there was no scope for mediation between two unequals, stressing that there was no equivalence between terrorists and their victims. Congress MP Shashi Tharoor has strongly asserted that there was no scope for external mediation between India and Pakistan, saying the two neighbouring countries are not equals, amid repeated claims by US President Donald Trump that he 'helped settle" the recent conflict. While speaking at the Council on Foreign Relations in Washington on Thursday, Tharoor, who is leading an all-party delegation on Operation Sindoor, said there was no equivalence between terrorists and their victims. 'Mediation is not a term that we are particularly willing to entertain. I'll tell you why not. The fact is that this implies, even when you say things like broker or whatever, you're implying an equivalence which simply doesn't exist," he said at the event. 'There is no equivalence between a country that provides safe haven to terrorism, and a country that's a flourishing multi-party democracy that's trying to get on with its business." 'There is no equivalence between a state that is a status quo power that just wants to be left alone by its neighbours, where the neighbours don't agree with us, and a revisionist power that wants to upset the geopolitical arrangements that have existed for the last three-quarters of a century. There is no equivalence possible in these cases, and in these circumstances, to suggest that you can mediate between two unequals is not possible," Tharoor went on to say. Tharoor has repeatedly denied Trump's claims of brokering a ceasefire between India and Pakistan, after tensions flared when India launched Operation Sindoor on May 7 in response to the Pahalgam terror attack on April 22. Both countries agreed to a ceasefire on May 10. Since May 10, when Trump announced on social media that India and Pakistan had agreed to a 'full and immediate" ceasefire after a 'long night" of talks mediated by the United States, he has repeated his claim over a dozen times that he 'helped settle" the tensions between India and Pakistan. During a meeting with German Chancellor Friedrich Merz, Trump against raked up the issue, saying he was 'very proud" to help stop the India-Pakistan conflict. 'I spoke to some very talented people on both sides, very good people on both sides," he said, adding that he warned of cancelling trade deals with both countries if the conflict persisted. 'You know what, I got that war stopped…Now, am I going to get credit? I'm not going to get credit for anything. They don't give me credit for anything. But nobody else could have done it. I stopped it. I was very proud of that," he added. Speaking on the American role in the conflict, Tharoor said he is 'guessing to some degree" that their priority would have been to keep themselves informed, conversations on both sides, and 'certainly my government received a number of calls at high levels from the US government". At the same time, the US must have been making similar calls at the highest levels to the Pakistan side, and 'our assumption is that's where, because that's the side that needed persuading to stop this process," he said. India has been maintaining that the understanding on cessation of hostilities with Pakistan was reached following direct talks between the Directors General of Military Operations (DGMOs) of the two militaries. (with PTI inputs) First Published: June 07, 2025, 09:04 IST
Economic Times
2 hours ago
- Economic Times
India-Central Asian Foreign Ministers speak in one voice against cross-border terror & terror proxies
Productive discussions on connectivity, security, terrorism: Jaishankar at India-Central Asia Dialogue Synopsis At the fourth India-Central Asia dialogue, ministers condemned the Pahalgham terrorist attack and pledged to combat terrorism, emphasizing accountability for perpetrators and the need for UN cooperation. They expressed interest in joint rare earth exploration, supported India's UN Security Council membership, and advocated for a stable, terror-free Afghanistan. The Indian and the Central Asian Foreign Ministers on Friday unequivocally condemned the terrorist attack in Pahalgham and reaffirmed their firm commitment to fight against terrorism in all its forms and manifestations. ADVERTISEMENT At the fourth India-Central Asia dialogue the Ministers also reiterated that providing safe haven, using terrorist proxies for cross-border terrorism, terror financing, arms and drugs trafficking, dissemination of a radical ideology and abuse of cyber space to spread disinformation and incite violence, goes against the basic principles of humanity and international relations. The Ministers without naming Pakistan and other terror infrastructure stressed that perpetrators, organizers, financiers and sponsors of terrorist acts must be held accountable and brought to justice. In this context, they called for early adoption of the UN Comprehensive Convention on International Terrorism. They stressed the need to strengthen UN-led global counter-terrorism cooperation and fully implement the relevant UNSC resolutions, Global Counter-Terrorism Strategy and FATF Ministers expressed interest in joint exploration of rare earth and critical minerals. Appreciating the outcomes of the first India-Central Asia Rare Earth Forum held in September 2024 in New Delhi, they called upon the relevant authorities to hold the second India-Central Asia Rare Earth Forum meeting at the earliest convenience. The Ministers also encouraged exchange of delegations to explore new areas of cooperation in critical minerals. ADVERTISEMENT It may be pointed out that China is making big inroads into Central Asia's rare earth sector. The Ministers noted the importance of holding regular consultations among the National Security Councils of India and the Central Asian countries to strengthen efforts to counter terrorism and other emerging challenges in the region. They looked forward to the third edition of the Consultations to be held in the Kyrgyz Republic. ADVERTISEMENT The Ministers of Foreign Affairs of Central Asian countries reiterated support of their countries for permanent membership of India in an expanded and reformed UN Security Ministers reiterated their strong support for a peaceful and stable Afghanistan which is free from terrorism, war and drugs. They stressed the need to stand by the people of Afghanistan. The Ministers agreed to continue close coordination and consultations on matters related to Afghanistan, according to the joint statement. ADVERTISEMENT The Ministers emphasized optimum usage of the International North-South Transport Corridor (INSTC) to enhance connectivity between India and the Central Asian countries. They stressed that connectivity initiatives should be based on the principles of transparency, broad participation, local priorities, financial sustainability, respect for sovereignty and territorial integrity of all countries in an indirect reference to BRI that passes through PoK. India reiterated its support for the membership of Turkmenistan and Uzbekistan in INSTC. In this context, Ministers appreciated the initiative taken by Kazakhstan to develop the eastern branch of INSTC. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online. NEXT STORY
