OPEC announces further supply cuts
This means a 500,000 barrels a day decrease from world markets from January 2020, in additon to the existing 1.2 million bpd cut arrived in October 2018.
Photo: OPEC
Trade & Economy
Afghanistan and India: From Aid to Trade
The Passage to Prosperity Trade Show, funded by USAID, is a recent indicator of our surging trade growth. 2018 saw the signing of over $27 million in contracts for agricultural products and over $214 million worth of Memorandums of Understanding between Afghan vendors and Indian buyers.
First Indo-Kazakh joint working group meeting on connectivity held
Kazakhstan is India’s largest trade and investment partner in Central Asia.
39th India International Trade Fair kicks off
The Islamic Republic of Afghanistan is the partner country, while the Republic of Korea is the focus country.
Photo: Agencies
Kashmiri apples make their way to the Gulf region
After the UAE, Kashmiri apples are now available Oman, reported the Times of Oman. The
Iran says finds new oilfield with 53 billion barrels of crude
Iran has discovered a new oilfield in the southwest of the country that has the
RCEP can give opportunities to India: China
China joined 14 countries this week in agreeing terms for RCEP, which could become the world’s biggest free trade deal if officially signed next year as planned.
Saudi non-oil economy sees fastest growth for 4 years
Unemployment in Saudi Arabia has continued to lag a rebound in non-oil growth this year to the fastest since 2015
India a ‘Guest of Honour Country’ at China’s second International Import Expo
India plans to make use of the expo to pitch for IT, pharmaceuticals- and agricultural export products.
“Open Andijan”: Uzbekistan’s Andijan region’s first investment international forum
Delegations from more than 20 countries, including from India, are expected to particpate.