JOINT COOPERATION COMMITTEE
Supernova insolvency case: NCLAT to wait for lenders' decision on settlement offer from Supertech Realtors
Insolvency appellate tribunal NCLAT on Wednesday said it will wait for the decision of lenders on a revised settlement offer by Supertech Realtors, which is developing a residential apartment, offices, retail and luxury hotels at its Supernova project. NCLAT also directed the Interim Resolution Professional (IRP) not to constitute a Committee of Creditors. However, it said the construction work for the project would be continued under the supervision of IRP.
India, Bangladesh reiterate commitment to free, open, inclusive, secure and rules-based Indo-Pacific
India and Bangladesh have reaffirmed their commitment to a free, open, and rules-based Indo-Pacific region. They will co-lead the Disaster Risk Reduction and Management pillar of the Indo-Pacific Oceans Initiative (IPOI). The joint statement from Prime Ministers Modi and Hasina emphasized cooperation on disaster resilience, climate impact mitigation, and regional integration under BIMSTEC, SAARC, and IORA. They plan to enhance trade, investment, and connectivity, negotiate a Comprehensive Economic Partnership Agreement (CEPA), and strengthen defense ties.
EAM Jaishankar & Sri Lanka President Wickremesinghe formally commission Maritime Rescue Coordination Centre
External Affairs Minister S Jaishankar and Sri Lankan President Ranil Wickremesinghe commissioned the Maritime Rescue Coordination Centre built with a USD 6 million grant from India. Jaishankar discussed bilateral cooperation in various sectors. They unveiled a virtual plaque for the MRCC and housing projects. This the EAM's first overseas visit. He will focus on ongoing Indian projects and arrangements for a potential visit by PM Modi.
India, US agree to step up cooperation on semiconductors, critical minerals
India and the US have deepened their cooperation on supply chain, semiconductors, and critical minerals during the iCET meeting in New Delhi. They launched a new strategic semiconductor partnership to co-develop processes for precision-guided ammunition. The partnership also aims to build India's semiconductor and ICT ecosystem. Additionally, they agreed to work together on ensuring a reliable supply of critical minerals, including co-investing in lithium and rare earths projects. Both countries are also establishing an Advanced Materials R&D Forum and exploring collaborations in technologies for critical minerals.
Pakistan PM Shehbaz Sharif to visit China next month for formal launch of second phase of CPEC
Pakistan Prime Minister Shehbaz Sharif will visit China in the first week of next month to join the formal launching of the second phase of the USD 60 billion China-Pakistan Economic Corridor, according to a media report on Saturday. A source in the Prime Minister's Office told the Dawn newspaper that Prime Minister Sharif was scheduled to leave for China on June 4, but the date of the visit could slightly be changed.
Indian envoy to Indonesia meets President-elect to discuss strategic partnership
Indonesia’s Minister of Defense and President-elect Prabowo Subianto received a courtesy call from the Indian Ambassador to Indonesia, Sandeep Chakravorty on Wednesday.
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India, Australia review progress on trade and investment negotiations, discuss way forward for its completion
In the first Joint Committee Meeting (JCM) under India-Australia Economic Co-operation and Trade Agreement (Ind-Aus ECTA), both sides acknowledged the smooth implementation of the ECTA and briefly elaborated on ECTA implementation issues including MRAs on organic products, market access issues related to products like okra, pomegranate, grapes, cottage cheese, macadamia nuts, lentils and avocado.
India raises issue of pharma pricing control in Australia
India raised concerns on pharmaceutical pricing control in Australia during a recent bilateral meeting, focusing on market access, people-to-people contacts, and trade decline. JCM addressed MRAs on organic products, okra, pomegranate, grapes, cottage cheese.
India, Indonesia resolve to expand defence ties
India and Indonesia strengthen defence ties, emphasizing maritime security and military equipment production. Recent meetings and visits aim to enhance cooperation in defence industry, research, and joint production capabilities.
Eco weight & international stature of a country will be considered for future BRICS expansion: Russian Presidential aide
Russian Presidential Foreign Policy aide Yury Ushakov has stated that the political and economic weight of a country and its regional and international stature will be considered when adding any new member to the BRICS. The Russian Presidency aims to promote partnership and cooperation within the framework of the association on three key tracks: politics and security, economy and finance, and cultural and humanitarian ties.
INDIA bloc to form coordination panels in different states ahead of Lok Sabha polls
So far, Congress has firmed up alliances with Samajwadi Party in Uttar Pradesh and Aam Aadmi Party in Delhi, Haryana, Gujarat and Goa. It is yet to finalise seat-sharing agreement with Maha Vikas Aghadi constituents Shiv Sena (UBT), Nationalist Congress Party in Maharashtra, DMK in Tamil Nadu, Left Front and regional parties such as Jharkhand Mukti Morcha in Jharkhand and Rashtriya Janata Dal in Bihar.
Moscow offers Indian tourists high-tech, accessible, and comfortable environment: Moscow City Tourism Committee
Moscow is emerging as a popular destination for Indian tourists with a focus on business, leisure, and MICE (Meetings, Incentives, Conferences, and Exhibitions) travel. Initiatives like the Moscow MICE Ambassador program and the introduction of e-visas have contributed to the growth, making travel to Moscow more accessible for Indians.
India explores export of defence equipment to Oman to elevate strategic partnership
During deputy NSA Vikram Misri’s visit to Oman, discussions were held on strategic, military and security cooperation including defence exports, and maintenance of Oman’s ports apart from cooperation in disaster management, oceanography and artificial intelligence, ET has learnt. The deputy NSA also met Gen Sultan bin Mohammed Al Nomani, minister of the Royal Office in Oman and a key figure in the country’s decision-making process.
India, Germany set to carry out joint military exercise in Indo-Pacific
India and Germany are collaborating on high-technology for military use to develop defence cooperation. They plan to carry out joint military exercises in the Indo-Pacific region and discussed potential defence industrial projects and proposals. Both sides emphasized the need for a closer defence partnership and connecting the defence industries, while also discussing the regional security situation.
India, Germany discuss bilateral security and defence issues
Defence Secretary Giridhar Aramane and German Ministry of Defence State Secretary Benedikt Zimmer co-chaired the India-Germany High Defence Committee (HDC) meeting in Berlin. The meeting focused on enhancing bilateral security and defence cooperation, including joint exercises in the Indo-Pacific and collaboration in high technology defence projects. The two sides emphasized the importance of closer defence ties and connecting their defence industries. The meeting follows German Federal Minister of Defence Boris Pistorius' visit to India in 2023.
US House of Representatives approves Quad bill to facilitate closer cooperation between US, Australia, India and Japan
Passed by a roll call vote of 379 to 39 votes, the 'Strengthen US-Australia-India-Japan Cooperation' or the Quadrilateral Security Dialogue (Quad) bill says that the joint cooperation between the US, Australia, India and Japan should be strengthened.
"Several things to consider in formulation of new laws; want to discuss with the farmers": Arjun Munda
Union Agriculture Minister Arjun Munda, who is also negotiating with farmer leaders, urged the protesters to cooperate and communicate so that common people should not have to suffer and said that in the formation of new laws, there are so many things to consider that the government wants to discuss with the farmer organisations.
Nepal, India express commitment to implementing bilateral initiatives for strengthening cross-border connectivity
Nepal and India have agreed to strengthen their economic and commercial ties through bilateral initiatives. The India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade convened its latest session in Kathmandu. The agenda included discussions on the construction of new Integrated Check Posts and railway links, as well as the review of the Treaty of Transit and the Treaty of Trade.
India hosts SCO joint anti-terror exercise to combat use of internet for terrorism & separatism
The Seminar had various presentations from Member States of SCO which gave multi-dimensional perspective on addressing challenges from AI, Dark web & regulatory challenges, cryptocurrency and emerging technologies, countering the misuse of Internet by discussing on the roles of social media platforms and enhancing the law enforcement capabilities.
Will cooperate with Supreme Court order: Anjuman Intezamia Mosque Committee
A team of over 40 members from the ASI, including additional director general (archaeology) Alok Tripathi commenced the survey at the mosque premises on Friday morning amid heightened security around the compound. The survey went on till the evening.
Pakistan & China ink six agreements to expedite cooperation under 2nd phase of CPEC
Sharif also thanked President Xi for sending his special envoy to Pakistan, showing solidarity for people-to-people friendship and showing to the world that both countries were bound in a great and unique relationship. "We are all-weather friends and iron brothers. This friendship will continue and will not tolerate any kind of obstacle in its way," Prime Minister Sharif said.
India-US defence relationship robust, increasing in scope and sophistication, says General Brown
General Charles Q. Brown Jr. has told US Senators that the military-to-military relationship between India and America is "robust and increasing in scope and sophistication." As one of America's strategic partners, Brown expects to maintain the partnership by expanding the existing bilateral military-to-military dialogues and defense industrial and technology cooperation.
India-Sri Lanka Joint Committee discusses resumption of ferry services
The Joint Committee identified a number of areas for mutual cooperation for the operationalisation of ferry services in the near future and desired to take further steps based on mutual understanding, a statement said.
Infosys refutes charges of having been awarded “tainted govt contracts” in Australian parliamentary hearing
The Indian IT major said it was not aware of anything that departs from the company’s “integrity, transparency” during the inquiry into allegations that it gained federal contracts awarded to key clients of a Canberra-based consulting firm Synergy 360, which is linked to former Australian lawmaker Stuart Robert.
India, Russia agree to strengthen counter-terrorism cooperation
Officials from India and Russia have agreed to strengthen their counter-terrorism cooperation in bilateral and multilateral platforms, according to a statement from the Indian Ministry of External Affairs. Both sides shared experiences and discussed current terrorist threats at the global and regional levels and also reaffirmed their commitment to opposing terrorism. Russia reiterated its support for India as a permanent member in a reformed United Nations Security Council. The delegations from India and Russia also held wide-ranging discussions on several issues related to the UNSC, including its reform.
India, Israel to hold Joint Steering Committee (JSC) meet on Homeland and Public Security in May
The discussions between India and Israel may include cooperation in modernization of police forces and border management, officials aware of the matter said. India shares borders with China, Pakistan, Bangladesh,Bhutan, Myanmar, Nepal and Afghanistan and a large number of these borders are unfenced, for which New Delhi will be exploring technological solutions.
India, Australia decide on slew of measures to boost defence ties
The two Prime Ministers agreed that, as a practical step, India and Australia may continue to explore conduct of aircraft deployments from each other’s territories to build operational familiarity and enhance maritime domain awareness, according to a joint statement issued on Friday night.
Multi-State Co-operative Societies (Amendment) Bill referred to joint committee of Parliament
The Multi-State Co-operative Societies (Amendment) Bill, 2022, which seeks to bring transparency and accountability in the sector, was introduced in Lok Sabha on December 7 and opposition members had demanded that it be referred to a standing committee for review.
During visit to China, Pakistan PM Shehbaz to seek new investments, debt rescheduling
In a further expansion of CPEC, Pakistan will seek a multibillion-dollar financing window from China to fund 10,000 megawatts solar-powered electricity generation projects, media reports said.
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