Volume I, Issue 9 | - March 1, 2023

DPG is deeply committed to the growth of India’s national power and purpose, the security and prosperity of the people of India and India’s contributions to the global public good. [...] Moody's downgraded the government of Pakistan's local and foreign currency credit ratings to Caa3 from Caa1 in the wake of the drop in the country's foreign exchange reserves and rise in the risk of default on foreign debt repayment. [...] The joint press release stated the support of the European Union “for the implementation of ASEAN’s Five- Point Consensus on Myanmar.” During the fourth meeting of the Joint Commission on Bilateral Cooperation (JCBC) in Jakarta, China’s Foreign Minister Qin Gang remarked to the incoming chair of ASEAN that “regional countries should not be forced to pick sides”. [...] The two sides discussed the possibility of joint patrols in the South China Sea in light of the “concerning developments" in the region. [...] On February 21, in a meeting of the Joint Working Group comprising representatives of the Nepal Electricity Authority and the State Grid Corporation of China, the latter proposed to construct a cross-border transmission line for the purpose of importing electricity from Nepal in winter.