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India-Russia Summit Likely To Have A Significant Impact On Asia

2021-12-06
From Vladivostok to Gujarat and from Afghanistan to Armenia the implications of closer ties between Moscow and Delhi will partially reshape Eurasia. We provide a full examination of the Putin-Modi summit and the initiatives the two countries will be working on.

Featured Business News

Russia Briefing

Vietnamese President Visits Moscow, Trade Deals Signed

12/07/2021

During the Vietnamese leader’s visit, a series of cooperation agreements were signed between the two countries in trade as well as in other sectors. These include mutual investments in electricity generation, including renewables, industry, production of mineral resources, an expansion of cooperation in the energy sector, the construction of gas-powered electricity plants, supplies of liquefied natural gas to Vietnam and building corresponding infrastructure.

Silk Road Briefing

China's Outbound Investment Strategy Changes As The Belt And Road Initiative Becomes Futuristic

12/07/2021

The Chinese invested Colombo Port City and Electric Air Mobility vehicles are showing the way ahead as the Belt and Road Initiative goes new hi-tech.

India Briefing

Why Are FMCG Distributors In India Threatening To Halt Supply Chains?

12/06/2021

FMCG distributors in India are threatening to halt supplies starting 2022 as they want price parity and equal treatment from companies. The agitation has been triggered by the preferential treatment given to few retail channels like JioMart, ElasticRun, and Udaan resulting in huge losses to traditional distributors to the extent of pushing some to bankruptcy.

China Briefing

China's Technology Innovation Tax Incentives

12/06/2021

As China endeavors to shift from being a low-end mass manufacturer to a high-end producer, the government has doubled down on encouraging targeted investments in research and development (R&D) and technological innovation. This has resulted in China labeling its technology sector as strategic and for which government support has increased. We list the major tax incentives in China to encourage technology innovation and share guidance on tapping benefits listed in various preferential policies.

Vietnam Briefing

Vietnam Implements National Gender Equality

12/06/2021

Vietnam has adopted a National Strategy on Gender Equality, aiming to foster Vietnam’s gender equality and women entrepreneurship to 2030. Despite progress in narrowing the gender gap recently, Vietnam still faces challenges considering deep-rooted gender stereotypes and a ‘gendered structure’ economy.

India Briefing

India’s Electric Vehicle Industry

12/02/2021

The electric vehicle industry in India is developing with 100% FDI possible, new manufacturing hubs, and increased push to improving charging infrastructure. Federal subsidies and policy favoring deeper discounts for Indian-made electric two-wheelers as well as a boost for localized ACC battery storage production are other growth drivers for the Indian EV industry. Moreover, in September 2021, a production-linked incentive scheme for the automotive sector was approved by Cabinet to boost the manufacturing of electric vehicles and hydrogen fuel cell vehicles.

The Bigger Picture

China Briefing

Belt And Road Initiative Weekly Investor Intelligence #58

12/07/2021

Major initiatives from Russia, India, and Turkey this past week are likely to have a long-lasting impact on the development of Eurasia and will impact the entire region. China and Russia meanwhile are significantly ramping up their trade and investment policies in Africa while Russia maintains inroads into ASEAN.

Silk Road Briefing

China’s Belt & Road And Beyond – December 6 2021

12/06/2021

All the latest international news about the BRI

Russia Briefing

Russia Prepares For 2022 Africa Summit As Trade And Investment Increases

12/02/2021

Russia is preparing for the second Russia-Africa summit, which is now scheduled for October-November 2022 in Addis Ababa, Ethiopia. A coordination council has been established under the aegis of the Secretariat of the Russia-Africa Partnership Forum (RAPF). The announcement comes just as the latest China Africa Cooperation Forum has just concluded in Senegal. Russia, like China, sees the same trade opportunities as AfCFTA make a difference.

Silk Road Briefing

China Pledges US$40 Billion In Multiple Infrastructure Projects For Africa

12/02/2021

The 2021 Forum on China-Africa Cooperation (FOCAC) has concluded, with China continuing its commit to the African continent in both trade and the potential for additional infrastructure loans. With Chinese President Xi Jinping appearing by video, his speech to the forum included a number of new commitments, including increase of Chinese imports of African products, Chinese participation in African poverty reduction programmes, a green development programme, a capacity building programme and a digital innovation programme.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
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