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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.
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Free AccessModi Continues To Strengthen Trade Agreements
Indian Prime Minister Narendra Modi and Australian Prime Minister Scott Morrison have agreed to finalise both an early harvest trade deal and a comprehensive economic cooperation agreement during a virtual summit today.
- Australia outlined a planned investment of AU$ 280 million in clean technologies, space, and innovation.
- Indian Foreign Secretary Harsh Vardhan Shringla said the leaders agreed that the situation in Ukraine should not impact the Indo-pacific.
- Modi has approached the response to Ukraine pragmatically. India has resisted calls from the US and Europe to condemn Russian actions while calling for a ceasefire and facilitating the evacuation of Indian students from Ukraine.
- India has significant interdependencies with Russia in military hardware and as a counterbalance to China in the region. India also exports around USD$1.5 billion of goods to former Soviet states via Russia.
- India has stated an openness to purchasing discounted Russia oil and there have been reports that India is working to strengthen a rupee-ruble trade agreement to allow trade with Russia amid Western sanctions.
To read the full story
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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.