Big News

India may move WTO against US on Duty Hike. Indian government is contemplating to approach the World Trade Organization’s (WTO’s) dispute settlement body against the US move to raise import duty on aluminum and steel. Sources told Times of India that detailed discussions have been held in the commerce department. Former officials dealing with WTO were also consulted on the issue.

Macron Visits India. India and France on March 11 signed 14 key pacts in a bid to enhance strategic partnership in areas of security, nuclear energy as well as protection of classified information after extensive talks between Prime Minister Narendra Modi and French President Emmanuel Macron.

Key Regional Party Quits India PM Modi’s Alliance.  A key regional party has quit Narendra Modi’s ruling federal alliance after a prolonged dispute. The Telugu Desam Party (TDP), which rules Andhra Pradesh, said the National Democratic Alliance (NDA) has been “unsupportive”. Although Mr. Modi’s government has a majority in parliament, the move signals a breach in an old partnership.

China Allows Xi to Remain President Indefinitely. China’s parliament on March 11 passed a series of constitutional amendments, including one that removes presidential term limits, allowing President Xi Jinping to remain in office indefinitely.

Kim Jong-un Visits Beijing.  After days of speculation, it has been confirmed that North Korea’s leader Kim Jong-un did pay a visit to Beijing. The visit, confirmed by China and North Korea, was Mr. Kim’s first known foreign trip since taking office in 2011. He held “successful talks” with President Xi Jinping, China’s Xinhua news agency reported.

US Imposes Sanctions on China, Stoking Fears of Trade War.  Fears of a trade war heightened in March as the Trump administration slapped trade sanctions on China, including restrictions on investment and tariffs on $60bn worth of products.