Strike at major Indian ports called off, but supply chain challenges remain
Fears of supply chain disruption from an indefinite strike by Indian port workers have eased. The ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
India has sealed its trade route into central Asia and Russia with a deal to develop Iran’s Chabahar port. India has pledged to spend $500m and has a plan to invest a further $16bn in the city’s free-trade zone. The project, which has been on the drawing board since 2004, has become increasingly important for both countries as Iran strives to reduce the power of China and Russia in its economy, while India is keen to reduce its reliance on Pakistan as a trade route. “India’s links to Central Asia and beyond have been thwarted by Pakistan’s refusal to give India land access,” says a consultant in this excellent Quartz article.
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Strike at major Indian ports called off, but supply chain challenges remain
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