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Posts tagged as “India”

UML volte-face on PM’s resignation sparks speculations

by Tika R Pradhan in the Kathmandu Post, JUly 14, 2023On Monday, a day after the agreement between the three top leaders to resume the House meeting following an apology from the prime minister for his controversial statement insinuating that India had a role in appointing him the country’s executive head, the UML leaders easily agreed to lift their obstruction of the House proceedings. The UML is not the party that easily drops its stance…

India-KKS transport project delayed further

report in The Morning, July 11, 2023State Minister of Ports and Aviation Premalal Jayasekara said that the implementation of the new project to launch transport services, for both passengers and cargo, to India via the Kankesanthurai (KKS) Port which was recently approved by the Government of Sri Lanka is likely to be delayed by a further six months as the Indian Government is yet to approve the project. Speaking in this regard at a media…

A new era dawns in trade with India from July 11

by AKM Zamir Uddin in The Daily Star, Jul 9, 2023Bangladesh is set to join a global effort that is seeking to cut over-dependence on the US dollar when it comes to settling foreign trades as the country commences to use the rupee to carry out bilateral transactions with India from July 11. The move may extend some respite to importers since they will be able to open letters of credits in the rupee to…

India to allow Sri Lanka to repay debt over 12 years, instead of 3 to 4

report in The Island, July 8, 2023India plans to allow Sri Lanka up to 12 years to repay its debt to help ease the financial burden on the country, India’s Export Credit Guarantee Corporation (ECGC) Ltd’s Chairman-cum-Managing Director M. Senthilnathan said. Sri Lanka, facing its worst economic and political crisis in over seven decades, owes $7.1 billion to bilateral creditors— $3 billion owed to China, $2.4 billion to the Paris Club and $1.6 billion to…

SL seeks innocent passage via Indian territorial waters to enter Arabian Sea

by Kelum Bandara in Daily Mirror, July 6, 2023*It saves 400 nautical miles for SL multi-day fishing vessels**Prez to discuss matter when visiting New DelhiSri Lanka will seek fresh diplomatic engagements with India to secure what is termed ‘an innocent passage’ through its territorial waters for Sri Lankan fishermen to enter the Arabian Sea for multi-day fisheries, a minister said. Currently, Sri Lankan multi- day fishing vessels taking to the sea from areas like Negambo,…

PM Modi’s speech at US Congress a lesson for Sri Lanka

By Prof. Amarasiri de Silva in The Island, June 29, 2023When US President Joe Biden rolled out the red carpet on the South Lawn of the White House for Indian Prime Minister Narendra Modi on Thursday morning, their meeting held a significant purpose. At the forefront of their agenda was the aim to forge a formidable alliance between the two nations, centered around promoting the freedom of business and naval activities in the Asia Pacific…

Nepal worries about spillages as India delays power export approvals:

By Prithvi Man Shrestha in The Kathmandu Post, June 25, 2023Nepal’s power generation capacity increased to 2,700 megawatts (MW) from 2,200 a year ago, but there has been no increase in the export quota that India has already approved for Nepal, which currently stands at 452.6MW. This has raised concerns over possible spillages of electricity as without urgent approvals by India for an increase in Nepal’s electricity supply quota, that is the most plausible outcome.…

Clarify your stance on Bangladesh’s democracy: Gayeshwar to India

report in Prothom Alo, June 20, 2023BNP senior leader Gayeshwar Chandra Roy on Monday called upon neighbouring country India to make its position clear on the question of democracy in Bangladesh, reports UNB. Speaking at a human chain programme, he also asked Indian authorities to focus on building relations with the 18 crore people of Bangladesh, instead of some individuals and a particular party, indicating the ruling Awami League. “You don’t need to make us…

Clarify your stance on Bangladesh’s democracy: Gayeshwar to India

report in Prothom Alo, June 20, 2023BNP senior leader Gayeshwar Chandra Roy on Monday called upon neighbouring country India to make its position clear on the question of democracy in Bangladesh, reports UNB. Speaking at a human chain programme, he also asked Indian authorities to focus on building relations with the 18 crore people of Bangladesh, instead of some individuals and a particular party, indicating the ruling Awami League. “You don’t need to make us…

Clarify your stance on Bangladesh’s democracy: Gayeshwar to India

report in Prothom Alo, June 20, 2023BNP senior leader Gayeshwar Chandra Roy on Monday called upon neighbouring country India to make its position clear on the question of democracy in Bangladesh, reports UNB. Speaking at a human chain programme, he also asked Indian authorities to focus on building relations with the 18 crore people of Bangladesh, instead of some individuals and a particular party, indicating the ruling Awami League. “You don’t need to make us…

Calls grow for Nepal to ditch secularism as India’s ruling BJP pushes its Hindu-nationalist agenda

by Kunal Purohit in SCMP, June 19, 2023Nepal’s former king Gyanendra Shah made a rare public appearance earlier this year in the Himalayan nation’s Jhapa district to launch a movement to change the country’s secular constitution and reinstate its identity as a Hindu kingdom. Thousands of Nepalis gathered at the February event to back the cause, with several marches occurring across the country since. Last month, just days before Nepal’s Prime Minister Pushpa Kamal Dahal,…