Russia Proposes Revival of Troika with India and China
Russia Proposes Revival of Troika with India and China | Vantage with Palki Sharma
Russia Proposes Revival of Troika with India and China | Vantage with Palki Sharma
Russia's foreign minister has called for reviving his country's trilateral forum with India and China. What is the significance of the Russia-India-China troika? Why was it frozen? Should India agree to Russia's proposal and revive it? Palki Sharma brings you three factors to keep in mind.
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New Indian Express
2 hours ago
- New Indian Express
'US with India in fight against terror': Deputy Secretary of State tells Indian delegation
WASHINGTON: The US stands strong with India in the fight against terrorism, US Deputy Secretary of State Christopher Landau told Congress MP Shashi Tharoor-led all-party delegation here to convey India's stance on the Pahalgam terror attack and Operation Sindoor. The Indian delegation met Landau here on Friday as it wrapped up the crucial US leg of its multi-nation tour, briefing key interlocutors about Operation Sindoor targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir following the April 22 Pahalgam terror attack that claimed 26 lives. "The all-party parliamentary delegation led by Dr. @ShashiTharoor had a warm and candid conversation with US Deputy Secretary of State Landau. The Indian delegation briefed him on the atrocities of the Pahalgam terror attack and Operation Sindoor," the Indian Embassy said on X. Landau, in a post on X, said it was a "GREAT" meeting with the Indian parliamentary representatives. "I reaffirmed that the US stands strong with India in the fight against terrorism. We discussed the US-India strategic relationship, including expanding trade and commercial ties to foster growth and prosperity for both countries," he said. A statement issued by State Department Spokesperson Tammy Bruce said Landau "reaffirmed the United States' strong support of India in the fight against terrorism and the strategic partnership between the two countries." The delegation discussed with Landau the importance of advancing key areas of the bilateral relationship, including expanding trade and commercial ties to foster economic growth and prosperity in both countries, according to the statement. The embassy, in a statement said, that during the meeting with Landau, the delegation briefed him on the heinous terrorist attack in Pahalgam, discussed India's subsequent Operation Sindoor, and put forth India's firm resolve to counter cross-border terrorism in all its forms. "The deputy secretary reaffirmed the United States' strong support for India in the fight against terrorism. The two sides also had a wide-ranging conversation on the importance of strengthening bilateral relationships through advancing cooperation in areas of mutual interest," it said. The delegation also had a "productive meeting" with Senator Chris Van Hollen, a member of the US Senate Foreign Relations Committee. It briefed him on the heinous terrorist attack in Pahalgam, discussed India's subsequent Operation Sindoor, and put forth India's firm resolve to counter cross-border terrorism in all its forms, the embassy said on X. The senator sympathised with the victims of repeated terror attacks in India, saying the US stood with India in the fight against terrorism, and expressed support for New Delhi's right to defend itself. Tharoor also spoke over the phone with Senator Cory Booker, a member of the US Senate Foreign Relations Committee, and described the conversation as "warm and productive." He briefed Booker on the "monstrous" terror attack in Pahalgam and outlined the repeated provocations of terrorism emanating from across the border, laid out the details of Operation Sindoor, and emphasised India's firm resolve in countering any future acts of terrorism. "Senator Booker unequivocally condemned terrorism and expressed sympathies with the victims. The conversation also touched upon broader themes in the India-US strategic partnership, which enjoys robust support," Tharoor said, adding that he hopes to meet Booker "Next time in person." Apart from Tharoor, the delegation comprises MPs Sarfaraz Ahmad, Ganti Harish Madhur Balayogi, Shashank Mani Tripathi, Bhubaneswar Kalita, Milind Deora, Tejasvi Surya, and India's former Ambassador to the US Taranjit Sandhu. Several prominent American lawmakers and congressmen, as well as policy experts, attended a special reception hosted by the Indian Embassy on Thursday night and interacted with the delegation.
Time of India
3 hours ago
- Time of India
China rare earth curbs choke India automakers, add to tensions
China, the world's biggest producer of rare earth elements, has begun restricting exports of the minerals as it increasingly weaponises its dominance over this supply chain and uses it as geopolitical leverage over opponents. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Indian automakers are facing conditions tougher than others in importing rare earth magnets from China , according to people familiar with the matter, risking a crippling shortage that may disrupt production within has turned down at least two applications for India-bound shipments, industry and government officials in New Delhi said, asking not to be identified because the discussions are private.A requested shipment to the Indian unit of a global firm was rejected by the Chinese government, while its German and US subsidiaries were allowed to import magnets, the people said on the condition of to Indian auto parts makers have been stuck at Chinese ports since April 4, when China began enforcing strict curbs on exports of seven rare earth minerals, they added. These also apply to products, like magnets, containing even small amounts of those the world's biggest producer of rare earth elements, has begun restricting exports of the minerals as it increasingly weaponises its dominance over this supply chain and uses it as geopolitical leverage over President Donald Trump and Chinese President Xi Jinping on Thursday agreed to further talks to ease up the supplies of rare earth magnets that are used in making everything from fighter jets to electric vehicles and Chinese curbs are causing pain to automakers across the world, notably in the US and Europe as they face major delays in securing supplies. In India, businesses also face an added layer of uncertainty given the country's complicated ties with the two sides recently eased tensions along border areas, India continues to maintain restrictions on Chinese early April, as a reaction to US's steep tariffs, China imposed stricter new end-user certification process. This requires importers to confirm magnets won't be used for defence or re-exported to the US. The process takes at least 45 days and is now facing a global backlog, the people least 30 import applications have been endorsed by the Indian government but none of the companies have been approved nor have any shipments arrived, the people said. At least 11 applications from companies in the other parts of the world have passed Ministry of Heavy Industries and Ministry of Commerce and Industry didn't reply to requests for comment. China's Ministry of Commerce didn't respond to a faxed request for automakers sought urgent talks between China and India to fast-track pending approvals and ease the onerous process, according to a May 28 presentation by the Society of Indian Automobile Manufacturers, or SIAM, to Indian government many companies have received Chinese embassy endorsements, SIAM said none have got final approvals by China's Ministry of Commerce in its made from rare earths are important for fossil-fuelled cars but absolutely critical for electric vehicles. 'Even if one magnetised part is missing, the vehicle cannot be built,' SIAM industry body also cautioned in this presentation that if imports continue to be restricted, automakers' supplies of magnets will run out as early as this month and 'some Indian players might even consider setting up operations in China.'SIAM did not respond to an email requesting firms are navigating a complex certification maze involving more than half a dozen steps: securing notarised and apostilled documents, getting them endorsed by the Chinese embassy and sending it to exporters in paperwork is then filed by their Chinese suppliers as part of their permit application to Chinese authorities.'The rare earth situation is a very difficult one,' Bajaj Auto Ltd.'s Executive Director Rakesh Sharma told analysts last week. 'Supplies and stocks are getting depleted as we speak, and if there's no relief in shipments, production will be seriously impaired in July.A delegation of Indian businesses is planning a visit this month to their Chinese counterparts facilitated by the Indian Embassy in Beijing, the people Indian Embassy has reached out to China's Commerce Ministry too, seeking quick disposal of applications and transparency in the process, they so far has not directly intervened. The Ministry of External Affairs didn't respond to a email seeking comments on this meeting between India and Chinese business groups could help the Narendra Modi government determine what could be China's ask in return for easing the supplies of rare earth magnets, they said.A meeting was held at the Indian Prime Minster's Office earlier this week to discuss options for breaking this impasse, one person government officials told the industry representatives to start working on alternative supply chains for rare earth minerals and develop indigenous refining capacity to pare reliance on China, the people local refining capacity, however, would be a years-long project rather than immediate Indian government has also been advising firms to explore ferrite magnets or magnet-free designs — options that come with trade-offs in cost and performance, the people none of these will ease the immediate threat of disruption for Indian automakers, Indian automakers have begun weighing expensive workarounds: importing motors or sub-assemblies, shifting focus to fossil-fuel fed vehicles or prioritising exports over domestic earth magnets are 'the backbone of electric mobility and advanced electronics,' said Vinnie Mehta, Director General of India's Automotive Component Manufacturers Association pain arising from 'import restrictions has been escalated to the highest levels in government,' Mehta says this reliance on a single supplier has emerged as a strategic risk.
Hans India
3 hours 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.
