From Darjeeling tea to Roquefort cheese, Geographical Indications (GIs) have become potent symbols of cultural heritage and economic clout. But what exactly are they, and why do they spark international debates like the recent India-Bangladesh dispute over Tangail sarees?
The United States is courting India for its growing economic influence and also considering the latter as an indispensable accomplice in their rivalry with China, according to The Economist.The Economist is a British weekly newspaper printed in demi tab format and published digitally.According to the publication, India's foreign policy has become more assertive and more hostile to China. The US is also seeing that the Indian diaspora is the world's biggest, and remarkably influential which would be helpful for them.But what is the more alluring asset that India have is the economy which is growing to its full potential.The US and India are seeing their partnership growing deep and close. Prime Minister Narendra Modi is all set to visit the US this week where President Joe Biden is throwing a formal banquet for him at the White House. PM Modi has also been invited to address a joint session for the second time an honour previously accorded only to the likes of Winston Churchil
U.N. Secretary-General calls for reforming Security Council and Bretton Woods to align with today's realities. Learn about the outdated institutions, frustrations of the Global South, and the impact of G7 discussions.
After eight years of negotiation, 15 Asian-Pacific economies including China, Japan, South Korea, Australia, New Zealand and ten members of the Association of South East Asian Nations (ASEAN) concluded the Regional Comprehensive Economic Partnership (RCEP) Agreement during a virtual signing ceremony on the occasion of the 37
th ASEAN Summit in Hanoi, Vietnam, on 15 November 2020. This agreement covers almost a third of the world’s population two billion people and nearly a third of the global GDP 28.9 percent. The negotiations concerning RCEP included trade in goods, services and investment; intellectual property rights; and special and differential treatment to less developed ASEAN member states, among others. The agreement will simplify the customs procedure and rules of origin laws between countries implying reduced potential regulatory frictions for firms and countries for regional supply chains. Previously, a product made in Vietnam that contains Chinese parts, for ex