Modi says India-EU trade deal expected by year end
India expects to conclude a free trade agreement with the European Union by the end of 2024, Prime Minister Narendra Modi said during his visit to Cyprus.
U.S. Vice President JD Vance began a four-day trip to India on Monday, aiming to strengthen bilateral ties and discuss trade issues with Prime Minister Narendra Modi.
The visit comes as India seeks to finalize a trade agreement with the U.S. to avoid steep tariffs and reinforce relations with the Trump administration.
Vance, accompanied by his family, plans to combine official meetings with personal activities such as visiting the Taj Mahal and attending a wedding in Jaipur. His wife, Usha, is of Indian descent.
Before arriving in New Delhi, Vance visited Rome, where he met privately with Pope Francis on Easter Sunday. In India, he and Modi will review progress on the bilateral agenda set in February during Modi's visit to Washington. This includes fairer trade practices and expanding defense cooperation.
India is considering reducing tariffs on over half of its imports from the U.S., which totaled $41.8 billion in 2024, in hopes of reaching a deal during the 90-day pause on tariff hikes announced by President Trump earlier this month. Despite ongoing talks, Trump has continued to label India as a "tariff abuser".
Indian officials remain optimistic about the visit’s potential impact. The U.S. is India’s largest trading partner, with total trade reaching $129 billion last year, and a $45.7 billion surplus in India’s favor.
Vance's visit is also viewed as preparation for a future trip by President Trump to India for a Quad summit later this year. Analysts say Vance's rising diplomatic role and the current U.S.-China tensions add importance to his visit.
While no formal deals are expected during this trip, the two countries plan to advance discussions on defense cooperation, including joint production of weapons like Javelin missiles and Stryker combat vehicles. These talks are set to continue during U.S. Defense Secretary Pete Hegseth’s upcoming visit to India.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
The Israeli military has issued an evacuation advisory for Iranian civilians living near weapons production sites and associated infrastructure within Iran. The message was shared on the social media platform X in both Arabic and Farsi by an official military spokesperson.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
Kazakhstan has named China’s CNNC as a strategic partner in its nuclear power expansion plans, signaling deeper energy cooperation between the two countries.
Iran is urging the UN nuclear watchdog to strongly condemn Israel over recent strikes on its nuclear sites, accusing the U.S. of being complicit.
British Prime Minister Keir Starmer and Canadian Prime Minister Mark Carney have announced a renewed economic and security partnership, including a joint task force on AI and trade, during talks in Ottawa
Iran has called on Qatar, Saudi Arabia and Oman to urge U.S. President Donald Trump to pressure Israel into a ceasefire, offering flexibility in nuclear talks in return, sources told Reuters on Monday.
The Russian Foreign Ministry said on Monday that the planned next round of Russia-U.S. consultations aimed at resolving ongoing diplomatic tensions was canceled at the initiative of the American side.
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