MAKING WAVES E-NEWS BRIEF 21 SEPTEMBER – 27 SEPTEMBER 2020

Domestic support for the re-negotiation of a US$ 4.5 billion loan by China has become vociferous due to Kenya’s inability to meet periodic payments since 2017. Meanwhile, in a move showcasing India’s ‘neighbourhood first’ policy, the Shipping Corporation of India (SCI) recently launched the first direct bi-monthly cargo ferry service to the Maldives in an effort to boost trade connectivity to the import-dependent island nation.

 

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