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The Hindu
15 hours ago
- Business
- The Hindu
More ‘resources and efforts' required to nurture India-Central Asia links: S. Jaishankar
More efforts and resources need to be invested in improving India's connectivity with Central Asia, said External Affairs Minister S. Jaishankar on Thursday (June 5, 2025), highlighting the need for intensifying trade through the port of Chabahar in Iran. Speaking at the India-Central Asia Business Council meeting ahead of the fourth India-Central Asia Dialogue that is scheduled for Friday (June 6, 2025), Mr. Jaishankar expressed support for 'mutual settlement of trade' in national currencies. 'We are discussing this under the Joint Working Group on Chabahar Port under the India-Central Asia platform,' said Mr. Jaishankar at the event organised by the Federation of Indian Chambers of Commerce & Industry (FICCI), referring to the requirements to energise the International North South Transport Corridor (INSTC), and greater use of Chabahar port to reduce travel distance and costs between India and Central Asia. Mr. Jaishankar spoke at the event, which was also addressed by Murat Nurtleu, Deputy Prime Minister and Foreign Minister of Kazakhstan; Sirojiddin Muhriddin, Foreign Minister of Tajikistan; Rashid Meredov, Foreign Minister of Turkmenistan; and Saidov Bakhtiyor Odilovich, Foreign Minister of Uzbekistan. At Friday's (June 6, 2025) dialogue, the Ministers are expected to discuss trade, connectivity, technology, and development cooperation. 'They will also share perspectives on challenges to regional security and other regional and global issues of mutual interest,' said the Ministry of External Affairs in an announcement regarding the Minister-level meeting. The Foreign Minister-level dialogue is being seen as significant as it comes a month after India conducted Operation Sindoor against terror targets in Pakistan and reached out to the Taliban administration in Afghanistan. Mr. Jaishankar further urged the business chambers to come up with ideas for enhancing bilateral ties between India and Central Asia ahead of a possible India-Central Asia leadership summit that he said could be held 'sometime in the not so distant future'. In the near future, Prime Minister Narendra Modi is expected to travel for the Shanghai Cooperation Organization (SCO) meet in Tianjin, China. The first India-Central Asia summit was held in virtual mode on January 27, 2022 when Mr. Modi had hosted the heads of governments of the Central Asian countries. The third meeting of the Foreign Ministers was held during December 18-20, 2021 in New Delhi. 'I would say closer engagements between our banks and financial sector will definitely strengthen our economic interaction. Some beginnings have been made in terms of opening of Special Rupee Vostro Accounts in Indian banks by Central Asian banks and there has also been some discussions about use of UPI [Unified Payment Interface]. I would certainly support that very strongly as also the steps we could take to facilitate mutual settlement of trade in our national currencies,' said Mr. Jaishankar. Mr. Jaishankar said India-Central Asia bilateral trade had touched $2 billion and added the figure did 'not reflect full potential'. 'The need to address this is today more urgent because of the uncertainties of the international economy,' he said. Suggesting a way forward, he said the two sides should 'deepen' existing trade links. Mr. Jaishankar picked the pharmaceuticals sector as an example as Central Asia is one of the largest markets of Indian pharma products. Mr. Jaishankar presented uranium, crude oil, gas, mining, coal, and fertilizers as areas where long-term understanding can be reached between India and Central Asia. 'India would be very happy to partner in platforms like Aadhaar, DigiLocker with our Central Asian partners... It will be of great help to our tourists and students,' said Mr. Jaishankar. Speaking at the event, Mr. Nurtleu said Kazakhstan is trying to intensify connectivity between the ports on the Caspian Sea coast and the port of Bandar Abbas in Iran.
Daily Tribune
23-05-2025
- Business
- Daily Tribune
Aircraft carrier tech: Plans for future cooperation discussed in key India-US defence meet
TDT | agencies Plans for future India-US cooperation in aircraft carrier technology were discussed during a recent joint working group meeting between the two sides, officials said on Tuesday. The eighth meeting of the India-US Joint Working Group on Aircraft Carrier Technology Co-operation (JWGACTC), constituted under the auspices of the India-US Defence Technology and Trade Initiative (DTTI), was organised in India from May 13-16. "A six-member US delegation headed by RAdm (Rear Admiral) Casey Moton, Programme Executive Officer, Aircraft Carriers, visited various defence establishments in Delhi and Goa," a Navy spokesperson said. The opening session of the Joint Working Group meeting was held on May 13 in New Delhi, which was co-chaired by Rear Admiral Vishal Bishnoi, the Assistant Controller Carrier Projects. During the meeting, Rear Admiral Moton highlighted the importance of the Joint Working Group and the progress it has made over the last 10 years, he said. Both sides appreciated the "remarkable work" undertaken by the group towards valuable information exchange on aircraft carriers. "Plans for future cooperation under various aspects of aircraft carrier technology were discussed and a joint statement was also released," the spokesperson said. In Goa, professional interactions were undertaken with the Indian Navy's aviation specialists on aircraft carrier operations and technical aspects. The meeting marked yet another "significant milestone" in the ongoing cooperation between the two countries in the field of aircraft carrier technology, he said.
India Gazette
20-05-2025
- Business
- India Gazette
8th meeting of India-US Joint Working Group on Aircraft Carrier Technology Co-operation concludes
ANI 20 May 2025, 22:54 GMT+10 New Delhi [India], May 20 (ANI): The 8th meeting of the India-US Joint Working Group on Aircraft Carrier Technology Co-operation (JWGACTC), constituted under the auspices of the India-US Defence Technology and Trade Initiative (DTTI), was held in India from May 13 to 16, the Ministry of Defence said in a release on Tuesday. As per the release, a six-member US delegation headed by RAdm Casey Moton, Programme Executive Officer (PEO), Aircraft Carriers visited various defence establishments in Delhi and Goa. The opening session of the Joint Working Group Meeting, which was co-chaired by RAdm Vishal Bishnoi, Assistant Controller Carrier Projects (ACCP), was held on May 13 in New Delhi. During the meeting, the RAdm Casey Moton highlighted the importance of the Joint Working Group and the progress it has made over the last 10 years. Both sides appreciated the remarkable work undertaken by the Joint Working Group to exchange valuable information on Aircraft Carriers. Plans for future cooperation in various aspects of Aircraft Carrier Technology were discussed, and a Joint Statement was also released. At Goa, professional interactions were undertaken with the Indian Navy's Aviation Specialists on Aircraft Carrier operations and technical aspects. The meeting marked yet another significant milestone in the ongoing co-operation between the two countries in the field of Aircraft Carrier Technology. (ANI)
New Indian Express
20-05-2025
- Politics
- New Indian Express
India-US joint working group on aircraft carrier technology cooperation meet in Delhi, Goa
NEW DELHI: The India-US Joint Working Group on Aircraft Carrier Technology Cooperation (JWGACTC), constituted under the auspices of the India - US Defence Technology and Trade Initiative (DTTI), was organised in India. The Indian Navy on Tuesday said, "A six-member US delegation headed by Rear Admiral (RAdm) Casey Moton, Programme Executive Officer (PEO), Aircraft Carriers visited various defence establishments in Delhi and Goa." It was the 8th meeting in the series and was held from 13 to 16 May 2025. The opening session of the Joint Working Group Meeting was held on 13 May at New Delhi, which was co-chaired by RAdm Vishal Bishnoi, Assistant Controller Carrier Projects (ACCP). "During the meeting, the RAdm Casey Moton highlighted the importance of the Joint Working Group and the progress it has made over the last 10 years. Both sides appreciated the remarkable work undertaken by the Joint Working Group towards valuable information exchange on Aircraft Carriers. Plans for future cooperation under various aspects of Aircraft Carrier Technology were discussed and a Joint Statement was also released," the navy said. At Goa, professional interactions were undertaken with Indian Navy's Aviation Specialists on Aircraft Carrier operations and technical aspects.
Time of India
20-05-2025
- Business
- Time of India
Aircraft carrier tech: Plans for future cooperation discussed in key India-US defence meet
Plans for future India-US cooperation in aircraft carrier technology were discussed during a recent joint working group meeting between the two sides, officials said on Tuesday. The eighth meeting of the India-US Joint Working Group on Aircraft Carrier Technology Co-operation (JWGACTC), constituted under the auspices of the India-US Defence Technology and Trade Initiative (DTTI), was organised in India from May 13-16. "A six-member US delegation headed by RAdm (Rear Admiral) Casey Moton, Programme Executive Officer, Aircraft Carriers, visited various defence establishments in Delhi and Goa," a Navy spokesperson said. The opening session of the Joint Working Group meeting was held on May 13 in New Delhi, which was co-chaired by Rear Admiral Vishal Bishnoi, the Assistant Controller Carrier Projects. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo During the meeting, Rear Admiral Moton highlighted the importance of the Joint Working Group and the progress it has made over the last 10 years, he said. Both sides appreciated the "remarkable work" undertaken by the group towards valuable information exchange on aircraft carriers. Live Events "Plans for future cooperation under various aspects of aircraft carrier technology were discussed and a joint statement was also released," the spokesperson said. In Goa, professional interactions were undertaken with the Indian Navy's aviation specialists on aircraft carrier operations and technical aspects. The meeting marked yet another "significant milestone" in the ongoing cooperation between the two countries in the field of aircraft carrier technology, he said.
