AGP Executive Report
Last update: 4 hours agoWest Asia Diplomacy: The US and Iran have signed a 14-point MoU to end hostilities and reopen the Strait of Hormuz, starting a 60-day path toward a final deal on sanctions and Iran’s nuclear programme—an accord that helped lift Asian markets and ease near-term shipping and energy fears. G7 and India’s Role: At the G7 in France, PM Modi pushed for protecting global trade and seafarers amid West Asia disruption, while Trump called India a “trusted ally” playing a “big role” in addressing the crisis. Southeast Asia Energy Pressure: The IEA warned Southeast Asia faces energy-security vulnerabilities—heavy fossil-fuel import reliance (with the Middle East supplying 60% of crude) and Hormuz-linked risks—while noting gaps remain in electricity access and clean cooking. Central Asia Investment Push: Uzbekistan’s TIIF-2026 in Tashkent drew global investors with a roadmap to attract capital and highlighted Chinese-linked infrastructure and technology as growth drivers. India Markets and Tech: India’s NSE filed draft papers for a record IPO worth about Rs 30,000 crore, while Piyush Goyal met Luxembourg’s deputy PM at VivaTech to expand fintech, space, and digital innovation ties. Regional Business Moves: Nokia will upgrade the Malaysia–Cambodia–Thailand subsea cable to boost low-latency capacity for AI and data centers; Kia plans to exit its large bus business after 55 years.
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