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Eliminate safe havens for economic offenders: Modi tells G20
Modi also professed India’s support for Base Erosion and Profit Shifting (BEPS) recommendations and calls on countries to commit to the timeline of 2017-2018. A “balanced mix of nuclear, renewable energy and fossil fuels are at the core of our policy”.
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Modi also called on G20 members to break down the web of excessive banking secrecy. “PM @narendramodi meets Turkish President @RT_Erdogan in another pull aside”, Swarup said in another tweet.
In his meeting with Hollande, Modi raised the leak of sensitive data related to Scorpene Class submarines.”This issue has also figured (in the talks)”, External Affairs Ministry Spokesperson Vikas Swarup told reporters.
With May, the prime minister underlined that even after UK’s exit from the EU, “Britain remains an important partner” for India.
The Prime Minister also referred to the recent passage of the Goods and Services Tax (GST) Bill, which, he said, could further boost trade and investment ties with the UK.
Besides seeking facilitation of ongoing Indian projects and investments in Vietnam, Prime Minister Modi said he has invited Vietnamese companies to take advantage of the various schemes and flagship programmes of the Indian government. In this context, the two leaders discussed counter terrorism cooperation.
“The Indians said they wanted to look at how we could continue to have a strong trading relationship and there was agreement that as we prepare to leave the European Union, we should be exploring what that looks like”, the official said.
Hoping for an early establishment and opening of the Indian Cultural Centre in Hanoi, he said, “The Archaeological Survey of India could soon start the conservation and restoration work of the Cham monuments at My Son in Vietnam”.
May, 59, is UK’s second woman Prime Minister after Margaret Thatcher, also known as Iron Lady, with whom May is often compared. “In particular he said that the new United Kingdom regulations could have negative impact on Indian working professionals wishing to visit United Kingdom for short term business visits”, the sources said.
Meanwhile, Modi also met with Turkish President Recep Tayyip Erdogan for the first time after a failed coup attempt in Turkey and held discussions on renewing bilateral ties.
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“Those who sponsor and support terrorism must be isolated and sanctioned, not rewarded”, he said, hinting at China’s growing proximity with Pakistan.