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16Dec 2024

Eastern Maritime Corridor Enhances India-Russia Trade Efficiency

Why in the news? The Eastern Maritime Corridor, connecting Chennai and Vladivostok, has significantly reduced shipping time and costs, boosting trade between India and Russia. It facilitates quicker transport of key commodities, especially crude oil, strengthening bilateral economic and strategic ties. Significance of the Eastern Maritime Corridor: The Eastern Maritime Corridor connects Chennai to Vladivostok, …

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25Sep 2024

India Remains Nepal’s Largest Trading Partner

Why in the news? India remains Nepal’s largest trading partner. Nepal’s trade deficit reached NPR 237.45 billion by mid-September 2024-25. Nepal maintains trade relations with 145 countries but has trade deficits with over Major Trade Deficits: Nepal’s largest trade deficits are with India (NPR 144.67 billion) and China (NPR 51.80 billion). India and China are …

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