CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1020 THURS VS 7.1025

MESTER: WILL NORMALIZE INTEREST RATES 'AT SOME POINT'

MNI BRIEF: BCB's Campos Neto: 'Not Afraid To Do What's Needed'

MNI China Daily Summary: Wednesday, April 17

MNI BRIEF: China To Quicken Project Construction - NDRC

MNI:AUSTRALIA MAR UNEMPLOYMENT RATE +3.8%

MNI: US TSY TICS NET FLOWS IN FEB +$51.6B

US Treasury Auction Calendar

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

/FRANCE: Modi Concludes His Visit To France After Extensive Talks With Macron

INDIA

India Prime Minister Narendra Modi held extensive talks with French President Emmanuel Macron Wednesday night during the final leg of his tour of European capitals.

  • Indian Ministry of External Affairs spokesman Arindam Bagchi tweeted: "PM @narendramodi and French President @EmmanuelMacron had a warm and detailed conversation. Agreed on an ambitious agenda for the next phase of the India-France Strategic Partnership."
  • According to joint communique released after the summit, the leaders discussed a range of issues including (but not limited to) their strategic cooperation, geopolitics in the Indo-Pacific region, the war in Ukraine, and the situation in Afghanistan.
  • India was conspicuously absent from the paragraph on "strong condemnation of the unlawful and unprovoked aggression against Ukraine by Russian Forces" which was "reiterated" by the French side.
  • However, Indian Foreign Secretary Vinay Kwatra told reporters that "there was a broad understanding of each other's positions [regarding the Ukraine situation]. The two leaders agreed that close coordination and engagement was important so that both India and France can play a constructive role in the evolving situation."
  • Both sides expressed concern about civillian casualties of the Ukraine war and "the current aggravation of global food security and nutrition," pledging to work towards addressing the risk of aggravated food crisis.
  • The visit bore symbolic meaning, Modi being one of the first foreign leaders to meet with Macron after his recent re-election.
  • See the joint statement released after the Modi-Macron meeting by the Elysee and India's Ministry of External Affairs.
EM BulletFixed Income BulletsHomepagePolitical RiskPolitical Risk BulletBulletMarketsEmerging Market NewsForeign Exchange Bullets
EM BulletFixed Income BulletsHomepagePolitical RiskPolitical Risk BulletBulletMarketsEmerging Market NewsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.