Bangladesh, Nepal, Lanka back India call to reduce cost of remittances

Bangladesh, Nepal, Lanka back India call to reduce cost of remittances

Bangladesh, Nepal and Sri Lanka have backed India’s proposal to initiate a work programme at the World Trade Organization (WTO) for cheaper, faster and more accessible cross-border payments including remittances. The three WTO members became co-sponsors to India’s submission even as the US and EU attempted to block it in the draft Abu Dhabi package, … Read more

China can’t be cut out of global economy, warns foreign minister – POLITICO

China can’t be cut out of global economy, warns foreign minister – POLITICO

Wang said the global economy is like “a big ocean that cannot be cut into isolated lakes,” adding: “The trend toward economic globalization cannot be reversed.” On the sidelines of the Munich conference, Wang met with U.S. Secretary of State Antony Blinken in a meeting that was as “candid, substantive and constructive,” according to a … Read more