Category: World Affairs
Black Sea Grain Initiative
The U.S. envoy to Ukraine has urged India to leverage its influence with Russia to prevent any obstruction of grain exports from Ukraine.
South China Sea and UNCLOS
Recent talks between Secretary of Foreign Affairs of the Philippines and Indian Foreign Minister urged importance of United Nations Convention on the Law of the Sea (UNCLOS) and the 2016 Arbitral Award on the South China Sea.
Debt-to-GDP ratio and SDR
Data released by the Reserve Bank of India shows that India’s external debt at end-March 2023 rose to $624.7 billion from the year-earlier period but the external debt-to-GDP ratio slid to 18.9% at end-March from 20% a year earlier.