According to the Commerce Ministry, Thailand is arranging talks with Vietnam and India to address the problem of falling rice prices brought on by overstock. India and Vietnam are the world's two largest rice exporters, thus, they must play an important role in any market stabilisation efforts. Commerce Minister Pichai Naripthaphan revealed the plan in Parliament in response to concerns made by People's Party MP Narongdet Urankul. Narongdet enquired about the fate of Thailand's estimated 2.2 million tonnes of unsold rice. Pichai indicated that the conversations with India and Vietnam would
India and the UAE have increased their efforts to develop the India-Middle East-Europe Economic Corridor (IMEEC). IMEEC, which was launched during the G-20 Summit in Delhi in 2023, has signatories from India, the UAE, the US, the EU, Saudi Arabia, France, Italy, and Germany. The Indian Embassy in Abu Dhabi issued a statement highlighting the corridor's expanding significance. The discussions centred on key players, including major shipping companies. A high-level Indian team, led by TK Ramachandran, Secretary, Ministry of Ports, Shipping, and Waterways, met with HE Mohamed Juma Al Shamisi,
On March 3, 2025, the UAE and Senegal hosted the Organizational Session at the UN Headquarters in New York, officially launching preparations for the 2026 UN Water Conference. As required by the resolution on the procedures of the 2024 Conference, this session gave Member States and interested parties the opportunity to suggest topics for six interactive discussions that would further Sustainable Development Goal 6 (SDG 6) on water and sanitation. H.E. Abdulla Ahmed Balalaa, UAE Assistant Minister of Foreign Affairs for Energy and Sustainability, and H.E. Cheikh Tidiane Dieye, Senegal's Mi
Russia has expressed its commitment to strengthening trade and energy cooperation with Myanmar despite international sanctions imposed on both nations. On March 4, Russian Prime Minister Mikhail Mishustin informed Myanmar's military leader, General Min Aung Hlaing, that Moscow sees great opportunities for cooperation in a variety of industries, including agriculture, nuclear energy, and infrastructure. "Despite illegitimate sanctions against both Russia and Myanmar, our trade and economic cooperation is expanding successfully, with mutual trade witnessing steady growth," Mr. Mishustin stat
ITB Berlin 2025 remains the world's most important travel industry event, bringing together worldwide exhibitors, trade professionals, and key decision-makers. Canada, India, Ireland, Turkey, Switzerland, Brazil, Malaysia, and the UAE are among the nations that are actively establishing new trends, influencing industry standards, and promoting the growth of the tourism business. The event, themed "The World of Travel Lives Here," will attract a diverse international audience. Two-thirds of exhibitors and nearly half of guests will represent global markets. ITB Berlin 2025 is organized both
Singaporean Prime Minister Lawrence Wong reaffirmed the country's ability to tackle developing global issues despite growing geopolitical uncertainty. On February 28, he concluded the Budget 2025 debate in Parliament by emphasising the importance of Singapore's adaptability in a constantly changing global scene. He promised that the government would continue to drive economic growth by creating excellent jobs and new opportunities for Singaporeans. At the same time, Singapore would prioritise industry transformation while remaining cost-competitive. According to Wong, international powe
Officials from Iran and the UAE met to discuss bilateral relations and ways to strengthen cooperation. Anwar Gargash, the UAE President's Diplomatic Adviser, met with Iran's Deputy Foreign Minister for Political Affairs, Majid Takht-Ravanchi, in Abu Dhabi. Both sides praised recent political conversations between their countries and emphasised the necessity of improving economic and trade ties. The gathering also addressed regional and international topics of common concern. Saif Al Zaabi, UAE Ambassador to Iran, and Reza Ameri, Iranian Ambassador to the UAE, were both present during the c
Thailand, as a BRICS partner country, is committed to improving energy security and guaranteeing a stable supply chain, according to Meechai Thaocharean, a BRICS International Alliance of Strategic Projects representative in Thailand. He emphasised that BRICS collaboration provides Thailand with the potential to increase trade, enhance economic relations, and stimulate innovation. "Thailand's participation in BRICS is a gateway to broader economic collaboration and investment," he told reporters. He emphasised Thailand's willingness to share knowledge, particularly in the areas of sustaina
Russia and the UAE have emerged as major investors in Belarus, significantly contributing to the country's economy. According to Anzhelina Syromyatnikova, a member of the Standing Commission on Housing Policy, Trade, and Construction of the House of Representatives, Russia holds the largest share of foreign investment in Belarus, accounting for 24.9% of total inflows. The UAE follows closely, contributing 14.3%. Syromyatnikova highlighted that China is also playing an important role, with a 4.3% share of total investments. She emphasized that Belarusian businesses are expanding trade beyon
India is to sign a memorandum of understanding (MoU) with Israel and Saudi Arabia to enhance its supply of vital minerals. Union Mines Minister G. Kishan Reddy announced the decision on Thursday, saying it intends to minimize reliance on imports while increasing domestic processing capabilities. The arrangement with Israel will include a technology transfer for potassium extraction from saltwater. It will also use artificial intelligence in mining operations to increase efficiency. The union government has already accepted the agreement. A policy framework is being developed and is expecte