Trump India visit has potential to usher in new era of bilateral ties: USISPF

News Network
February 18, 2020

Washington, Feb 18: The upcoming visit of President Donald Trump to India later this month has the potential to usher in a new era of bilateral ties between the two countries, a top American business advocacy group has said.

President Trump will pay a state visit to India on February 24 and 25 at the invitation of Prime Minister Narendra Modi. He would be accompanied by First Lady Melania Trump.

This would be the president's first bilateral visit in the third decade of the 21st century and also the first after his acquittal by the Senate in the impeachment trial.

"I believe President Trump's upcoming visit to India has the potential to usher in a new era of our bilateral ties," Mukesh Aghi, President of the US India Strategic and Partnership Forum (USISPF) said in a statement on Monday.

On the sidelines of the visit, the USISPF, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI) and the ORF, has announced to organise a program entitled "US-India Forum: Partners for Growth".

The full-day discussion will focus on the key pillars defining India and the US' strategic, economic, and cultural partnership over the next decade.

"We have an opportunity before us to make real progress on multiple aspects of the relationship— whether it is upholding peace and security in the Indo-Pacific region; building upon an already strong energy partnership; developing co-production and co-development opportunities in the defense space; or strengthening bilateral trade," Aghi said.

"We look forward to an extremely successful visit and some concrete outcomes from the visit," he said.

The day-long programme on February 25 in New Delhi, will bring together over 500 senior business executives, members of the US-India think tank community and leading figures of the Indian diaspora to set the agenda for this strategic partnership.

Discussions during the day will touch upon areas, including the Indo-Pacific Strategy and Maritime Security; the US-India Defence Partnership, the US-India Energy Partnership, Elevating US-India Trade and Investment and Role of the Indian Diaspora in US-India Relations.

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News Network
January 2,2025

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Israel has conducted a fresh round of strikes on the southern Gaza Strip city of Khan Yunis, claiming the lives of at least 11 people amid the regime’s unceasing aggression on the Palestinian territory.

Local media said the Israeli onslaught targeted a tented encampment in the al-Mawasi area of western Khan Yunis at dawn on Thursday.

The aggression killed at least 11 people, including three children, and the resulted in the injury of 12 others, with reports naming Major General Mahmoud Salah, the director general of the police department in the Palestinian Interior Ministry in Gaza, among the fatalities.

The occupation forces also struck the central Gaza Strip, where Israeli vehicles fired at the north of Nuseirat refugee camp and shelled the west of the camp with artillery.

The regime’s helicopters also fired at the southwest of Deir al-Balah.

Moreover, the Israeli forces launched a raid targeting Gaza City and the Saftawi area, northwest of the city, as well as the Jabalia camp in the north of the Strip.

The official Palestinian news agency WAFA reported on the first day of the New Year that the Israeli regime had slaughtered 17 Palestinians in the northern Gaza refugee camp of al-Bureij.

Twenty Palestinians were also injured in the Wednesday airstrike.

Israel launched the war on Gaza on October 7, 2023, after Palestinian resistance groups carried out a surprise retaliatory operation into the occupied territories.

So far, Israel has killed 45,553 Palestinians, most of them women and children, and injured 108,379 others.

Most of Gaza’s 2.3 million people have been displaced and much of the besieged territory is in ruins.

Occupation of Gaza City

Citing Israeli media, Turkey’s state-run Anadolu news agency reported on Wednesday that the Israeli regime was considering ordering the military to occupy Gaza City.

Israeli Channel 14 claimed the move comes amid a stalemate in indirect negotiations aimed at reaching a Gaza ceasefire and prisoner swap deal with Palestinians.

“The political echelon is considering issuing an order to the Israeli army to head south and occupy Gaza City in the near future,” the channel said.

“Such an operation is possible now, especially in light of the ceasefire in Lebanon and the availability of more army forces to carry out large-scale and prolonged maneuvers.”

The broadcaster also said Israeli prime minister Benjamin Netanyahu’s cabinet is “satisfied” with the results of its military campaign in northern Gaza.

Mediation efforts led by the US, Egypt, and Qatar to reach a ceasefire in Gaza have so far failed due to Netanyahu’s refusal to halt the protracted war.

In November, the International Criminal Court issued arrest warrants for Netanyahu and his former minister of military affairs Yoav Gallant for war crimes and crimes against humanity in Gaza.

Israel also faces a genocide case at the International Court of Justice for its war on the blockaded territory.

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News Network
January 9,2025

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The United Nations Children’s Fund (UNICEF) has reported that at least 74 children were killed in Israel’s relentless violence in the Gaza Strip during the first week of 2025, marking a grim start to the New Year for children in the besieged territory.

In a recent report released on Wednesday, UNICEF said that the fatalities occurred within just eight days, emphasizing that the lack of adequate shelter, compounded by winter weather, poses severe risks to the children in Gaza.

“For the children of Gaza, the New Year has brought more death & suffering with at least 74 children reportedly killed,” Executive Director of UNICEF Catherine Russell said, calling for an immediate ceasefire to end the violence.

She expressed deep concern over the number of children who have either been killed or have lost loved ones during the tragic beginning of the year.

Numerous fatalities have occurred during mass casualty events, including nighttime assaults in Gaza City, Khan Yunis, and al-Mawasi, which has been designated a "safe zone." The most recent attack claimed the lives of five children in al-Mawasi on Tuesday, according to UNICEF.

The situation is dire, with reports indicating that eight infants and newborns have died from hypothermia since December 26, highlighting the severe risk facing young children who are unable to regulate their body temperature amid the harsh conditions as Israel weaponizes cold against children in the Gaza strip.

“UNICEF has long warned that inadequate shelter, lack of access to nutrition and healthcare, the dire sanitary situation, and now the winter weather put the lives of all children in Gaza at risk. Newborns and children with medical conditions are especially vulnerable,” Russell emphasized.

The humanitarian crisis in Gaza has reached alarming levels. The number of aid trucks entering the region remains grossly inadequate to meet the basic needs of families, while civil order has largely unraveled, leading to the looting of humanitarian supplies.

According to UN reports, over a million children are currently living in makeshift tents, with almost all of the 2.3 million population displaced several times over the last 15 months.

Moreover, the few operational hospitals are overwhelmed, and the destruction of civilian infrastructure has severely hampered access to essential services, including food, clean water, sanitation, and healthcare.

Kamal Adwan Hospital, previously the only functioning medical facility in northern Gaza with a pediatric unit, has ceased operations following a raid last month, exacerbating the already critical healthcare situation.

A recent report from the Palestinian Central Bureau of Statistics noted a 6% decline in Gaza's population in 2024, indicating that Israeli forces are intentionally targeting specific demographic groups, such as children and youth, resulting in a significant “distortion of the population.”

Since the onset of the genocide, Israel has killed 45,936 Palestinians, including over 17,600 children, as reported by the Health Ministry in Gaza, indicating a tragic loss of one child approximately every hour.

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Business Desk
January 9,2025

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Nestled in the Indian Ocean, Madagascar is often celebrated for its breathtaking biodiversity and unique culture. But beyond its natural wonders lies an untapped economic powerhouse, ready to emerge as one of Africa’s most exciting investment destinations. 

With its wealth of natural resources, strategic location, and improving economic policies, Madagascar is quietly stepping onto the global stage as an investment hotspot.

Let’s dive into why savvy investors are now setting their sights on this island nation.

Madagascar’s Goldmine of Opportunities

Imagine a land so abundant in natural resources that it supplies 80% of the world’s vanilla and holds some of the largest reserves of cobalt and graphite on the planet. Welcome to Madagascar, a nation where nature’s wealth fuels immense potential across industries.

Beneath Madagascar’s surface lie vast deposits of nickel, cobalt, and ilmenite, critical materials for batteries and electric vehicles. As the world pivots toward renewable energy, Madagascar is poised to become a linchpin in the global green transition, supplying the essential minerals needed for a sustainable future.

Vanilla may be Madagascar’s crown jewel, but it’s far from the only treasure. The island’s fertile soil also yields coffee, cloves, and lychee, creating endless possibilities for agribusiness. From modernizing farm practices to scaling farm-to-factory operations and export-oriented farming, the agricultural sector is ripe for innovation and investment.

Off its coasts, Madagascar’s waters teem with seafood, including tuna and shrimp, offering significant potential for sustainable fisheries and aquaculture. With the right investments, these marine resources could not only meet global demand but also position Madagascar as a leader in eco-friendly seafood production.

From mining to agriculture and marine wealth, Madagascar is a land of untapped opportunities, ready to reward those bold enough to invest in its future.

Madagascar’s Secret Weapon: Location, Location, Location

In the world of business, geography plays a pivotal role, and Madagascar stands out as a strategic gem. Positioned as a vital link between Africa, Asia, and the Middle East, its prime location offers unparalleled access to bustling international shipping routes. This advantage significantly reduces costs for export-oriented businesses while providing a logistical edge for global supply chains. 

For investors, Madagascar serves as a gateway to high-growth economies, making it an ideal hub for international trade and commerce.

A Business Makeover: From Challenges to Opportunities

Madagascar’s journey has had its share of challenges, but the tides are shifting toward progress and opportunity. The government is actively implementing reforms to attract foreign investment, including streamlining business processes, introducing tax incentives, and enhancing property laws. 

While political instability once posed hurdles, recent years have marked a commitment to governance and economic transformation. With GDP growth averaging around 5%, Madagascar is on a promising trajectory, driven by investments in infrastructure, mining, and agriculture, signaling a brighter future for its economy.

Building the Backbone: Infrastructure Renaissance

Infrastructure is the cornerstone of a nation’s growth, and Madagascar is making significant strides to unlock its potential. Major upgrades to roads, railways, and ports are enhancing connectivity, streamlining the movement of goods across the country and into global markets. 

In the energy sector, a renewable revolution is underway, with investments in solar and wind projects aiming to electrify more homes and industries in a country where only 15% of the population currently has access to electricity. 

Meanwhile, the expansion of internet and mobile connectivity is laying the foundation for a digital transformation, fueling e-commerce and tech startups. Every road paved, port modernized, and cable laid strengthens Madagascar’s position on the global stage.

Tourism: Where Nature Meets Opportunity

Madagascar’s breathtaking natural beauty isn’t just a visual delight—it’s a treasure trove of opportunities for eco-tourism and hospitality investors. Imagine an eco-lodge nestled near the iconic Avenue of the Baobabs or a boutique resort overlooking the pristine, turquoise waters of Nosy Be. The possibilities are boundless. 

With its unique biodiversity, including endemic species like the lemur, Madagascar is a paradise for nature enthusiasts. Yet, its tourism infrastructure remains underdeveloped, presenting an untapped market ripe for visionary investors to shape the future of sustainable travel in this stunning destination.

Manufacturing and Trade: A Rising Star in Textiles

Here’s a little-known fact: Madagascar is emerging as a rising star in the textile industry, powered by strategic trade agreements like the African Growth and Opportunity Act (AGOA). This agreement allows Malagasy-made garments to be exported to the U.S. duty-free, offering a significant cost advantage over competitors and making the island an attractive hub for apparel manufacturing.  

Adding to its appeal is Madagascar’s young and skilled labor force, ready to meet the demands of light manufacturing industries. With its competitive workforce and favorable trade terms, Madagascar is carving out a niche in the global textile market. For businesses seeking to capitalize on these opportunities, the island offers a compelling mix of cost efficiency and market access, making it an ideal destination for investment in this sector.

Green Investments: A Sustainable Playground

For investors seeking ESG (Environmental, Social, and Governance) opportunities, Madagascar is a compelling choice. Its unique position allows conservation efforts to align seamlessly with profitability, as eco-tourism and biodiversity projects provide avenues to generate returns while preserving the environment. 

Additionally, Madagascar’s rich and dense forests offer immense potential for carbon credit initiatives, enabling investors to contribute to global sustainability goals while tapping into a growing market. In Madagascar, doing good and achieving growth go hand in hand.

Backed by Global Heavyweights

Madagascar’s transformation is powered by strong international partnerships, positioning it as a rising player on the global stage. The World Bank and IMF are funding large-scale infrastructure projects and driving economic reforms to catalyze growth. 

Major private sector players, including Rio Tinto and Sherritt International, have already recognized the potential, investing in mining and other critical industries. Adding to its allure, trade agreements grant Madagascar access to European, African, and American markets, amplifying its appeal as a hub for global business.

The Challenges: A Work in Progress
Of course, no investment is without risks. Madagascar faces hurdles like:
●    Climate Vulnerability: Prone to cyclones and droughts, which can disrupt operations.
●    Corruption and Bureaucracy: While reforms are underway, navigating red tape can still be tricky.
●    Infrastructure Gaps: Despite progress, roads, energy supply, and logistics remain areas needing further development.
But here’s the silver lining: each challenge represents an opportunity for investors willing to play the long game.

A Future Full of Promise

Madagascar isn’t just another African nation competing for attention—it’s a country on the brink of a remarkable transformation. With the right mix of natural resources, a strategic location connecting Africa, Asia, and the Middle East, and a government actively pursuing investor-friendly reforms, Madagascar is poised to become a major economic player. Its rich reserves of minerals, vast arable land for agriculture, unique biodiversity, and untapped tourism potential make it a land of unparalleled opportunities.

Unlike the usual suspects in Africa, Madagascar stands out as a frontier market waiting to be explored. Mining companies can tap into its vast deposits of nickel, cobalt, and other minerals. Agricultural investors can harness its fertile soil to produce high-value crops like vanilla and coffee. 

Tourism entrepreneurs can build sustainable ventures amid its pristine landscapes, from the Avenue of the Baobabs to the vibrant coral reefs of Nosy Be. Even tech innovators will find fertile ground as the nation expands its digital infrastructure.

But investing in a frontier market requires the right support, and that’s where Madagascar Invest steps in. From navigating local regulations and securing permits to helping you register a company in Madagascar and ensuring a smooth setup, Madagascar Invest provides end-to-end services for investors looking to make their mark.

The world is waking up to Madagascar’s immense potential, and the window of opportunity is now. The question is, will you seize it and be part of this extraordinary rise? Madagascar isn’t just a destination, it’s the next big frontier for those bold enough to look beyond the ordinary.

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