Noting that China and India are the two biggest developing countries in the world and both have the responsibility of improving the livelihood of people, China's Ambassador to India Xu Feihong said on Thursday that President Xi Jinping and PM Modi have reached many important consensus whi
Typhoon Yagi, Asia's most powerful storm this year, has caused widespread destruction across southern China, Vietnam, Thailand, and other Southeast Asian nations. The storm has resulted in severe flooding, landslides, and significant loss of life, with Vietnam's death toll reaching at least
The easing inflation and weakening job market trends in the US, as revealed in the recent figures will push the Federal Reserve to cut interest rates which will lead to lower rates in developing countries like India, indicates S&P Global on Friday.
Drawing on lessons of the past 50 years, the World Development Report 2024 finds that as countries grow wealthier, they usually hit a "trap" at about 10 per cent of annual US GDP per person--the equivalent of USD 8,000 today.
China's Foreign Minister Wang Yi, during his meeting with External Affairs Minister S Jaishankar in Vientiane, noted the current complex international landscape and suggested that, as two major neighbouring developing countries, India and China should step up dialogue and communication.
India on Monday (local time) underscored its commitment to addressing the unique challenges faced by Landlocked Developing Countries (LLDCs) and supporting their sustainable development through the India-UN Development Partnership Fund.
Calling for reforms in the United Nations Security Council, Kazakhstan President Kassym-Jomart Tokayev has said that it is the need of the hour to update the multilateral institutions to rebuild their credibility.
International aid from official donors rose in 2023 to a new all-time high of USD 223.7 billion, up from USD 211 billion in 2022, as provider countries increased aid flows to Ukraine and directed more humanitarian assistance to developing countries, according to preliminary data collected by
The new platform underlines the UAE's commitment to inclusive trade, empowering developing nations to better access and engage in the global trading system - an overarching theme in its role as MC13 host nation.
India stressed on Wednesday during discussions on the draft Abu Dhabi ministerial declaration that issues relevant to developing countries should find focus and prominence. India's proposals for discussions all kept this prioritization in mind.