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Vietnam

India

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India and Vietnam elevated ties to an enhanced comprehensive strategic partnership during Vietnamese leader To Lam's May 5-7 state visit, during which he and Indian Prime Minister Narendra Modi set a target to raise bilateral trade from $16 billion currently to $25 billion by 2030, according to a joint statement released on May 6.

Vietnam, India: Strategic Upgrade Expands Rare Earth, Defense Ties

Partial results from the Election Commission of India show that Prime Minister Narendra Modi's Bharatiya Janata Party is on track for a third straight term in Assam state and is sweeping West Bengal state, defeating longtime opposition leader Mamata Banerjee, while the BJP's national coalition, the National Democratic Alliance, is leading in the union territory of Puducherry, Bloomberg reported on May 4.

India: Early State Assembly Election Results Come In

New Zealand

India and New Zealand signed a free trade agreement under which New Zealand will eliminate duties on all Indian goods, while India will reduce tariffs on 95% of imports from New Zealand, AP reported on April 27.

New Zealand, India: Governments Sign Free Trade Agreement

Voting in West Bengal's state elections began April 23, with a second phase scheduled for April 29, following a revision carried out by India's Election Commission that removed about 12% of registered voters to eliminate alleged fake entries and undocumented migrants, AP reported on April 23.

India: Voting Takes Place in West Bengal and Tamil Nadu

South Korea

Environment, Science & Technology

Science & Technology

South Korean President Lee Jae Myung met Indian Prime Minister Narendra Modi in New Delhi, where both leaders pledged to boost bilateral trade from the current $27 billion to $50 billion by 2030 by strengthening supply chains, improving market access and increasing investment, Reuters reported on April 20.

India, South Korea: Bilateral Talks Prioritize Trade

A special session of India's Parliament beginning on April 16 is expected to discuss a constitutional amendment that would increase the size of the lower house from 543 to 850 members, Bloomberg reported on April 15.

India: BJP To Propose Constitutional Amendment on Delimitation and Parliament Expansion

India and New Zealand are reportedly set to sign a free trade agreement on April 24 to boost trade and investment, The Economic Times reported on April 7.

India, New Zealand: Governments Set To Sign FTA on April 24

United States

Iran

Pakistan

CSCL Arctic Ocean and CSCL Indian Ocean -- two container vessels linked to China's state-owned shopping giant COSCO -- successfully transited the Strait of Hormuz, marking the first time COSCO-linked ships have transited the strait since the U.S. and Israel-Iran war began on Feb. 28, The National reported on March 30.

Iran: Chinese Container Ships Transit the Strait of Hormuz in Second Attempt

Assessments

Australia

Japan

United Kingdom

An oil products tanker at Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. 

U.S.-Iran Relations

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: U.K. Elections, Iran War Resumption Risk

An oil tanker is seen docked in the southeastern Iranian coastal city of Chabahar, on the Gulf of Oman, in February 2019.

Chabahar is poised to transition from an ambitious commercial venture to a symbolic strategic asset, as India seeks to maintain long-term access and regional influence until sanctions conditions become clearer.

Expired U.S. Sanctions Waiver Threatens India's Chabahar Port Project in Iran

Europe

Russia

Employees walk at the construction site of a gas metering station, part of the pipeline link between Bulgaria and Greece near the village of Malko Kadievo, on March 18, 2022. 

The Weekly Rundown: No U.S.-Iran Breakthrough, EU Ban on Spot Market Russian LNG

Parliament House is seen in New Delhi, India.

The ruling BJP will continue pushing to enact a women's legislative quota, either as a standalone law that could intensify intra-party competition before the 2029 elections, or as a part of broader political reforms that could trigger a north-south regional crisis.

Modi's Push to Redraw India's Electoral Map Faces a Setback

Israel

South Asia

Afghanistan

Bangladesh

Maldives

Nepal

Sri Lanka

A passenger boat sails past the Indian-flagged oil tanker Kashimasan, which is docked near an offloading terminal at Butcher Island (also known as Jawahar Dweep) off the coast of Mumbai, India, on April 1, 2026.

Energy and fertilizer price shocks from the Iran war will increasingly threaten energy supplies, crop yields and economic growth across the region, pressuring governments' foreign exchange reserves and heightening unrest risks.

In South Asia, Iran War Fallout Risks Worsening Economic and Political Instability

Snapshots

Myanmar

A freight train carrying cargo containers rides along a railway track in Ajmer, India, on Aug. 26, 2025.

Global Trade

New Delhi's decisions to permit specific imports and fast-track minority investments highlight its strategy of addressing critical manufacturing shortages, though relations are unlikely to extend beyond low-level confidence-building measures.

India Cautiously Opens up to Chinese Investment

Kuwait

Oman

Saudi Arabia

United Arab Emirates

Yemen

A medicine distributor stores Mounjaro (tirzepatide) self-injecting GLP-1 prefilled pens and vials in a fridge at his office in Thane, India, on March 20, 2026. 

India's pharmaceutical and medical technology sectors are set to grow significantly over the next several years amid manufacturing incentives, regulatory reforms and trade deals.

The Growth Outlook for India's Pharmaceutical Sector Remains Strong, Despite Global Uncertainties

Canada

Canadian Prime Minister Mark Carney walks with Australian Prime Minister Anthony Albanese in Canberra, Australia, on March 5, 2026. 

Canada's push to deepen economic and security ties with India, Australia and Japan faces constraints and may inadvertently strengthen the U.S.-led regional structure Ottawa is trying to hedge against.

The Promise and Limitations of Canada's Push to Diversify Strategic Partnerships

U.S. Secretary of State Marco Rubio meets with Indian External Affairs Minister Subrahmanyam Jaishankar on Feb. 3 in Washington.

India will likely delay finalizing its trade deal with the United States while seeking opportunities to expand its Russian oil imports, creating a risk of U.S. pharmaceutical tariffs against it.

The State of the Indian-U.S. Trade Deal After IEEPA Tariffs

Germany

The Tehran skyline on Dec. 30, 2025. On March 2, U.S. and Iranian negotiators will meet in Vienna, Austria, to begin technical talks on a nuclear deal.

The Weekly Rundown: The Conflict in the Middle East, Merz meets Trump 

Palestinian Territories

Indonesia

Slovakia

Hungary

Ukraine

U.S. President Donald Trump (C) holds up his signature on the founding charter of the Board of Peace among other world leaders at the World Economic Forum on Jan. 22 in Davos, Switzerland.

Israel-Hamas Conflict

Russia-Ukraine Conflict

The Weekly Rundown: The Board of Peace Convenes, Russia-Ukraine-U.S. Talks in Geneva

A freight train on Aug. 26, 2025, in Ajmer India.

A U.S.-India trade deal will bring some relief to Indian exporters, but ambiguities over its scope, implementation timeline and myriad other flashpoints will risk undermining it.

An India-U.S. Trade Deal Will Face Ongoing Hurdles

<p>India is endowed with favorable geographic barriers. Surrounded by oceans on three sides and the formidable Himalayan Mountains to the north, what is now modern India has been free of outside interference for much of its long history. Its large geographic size and population, coupled with weaker peripheral nations on much of its boundaries, have allowed India to become the dominant force in South Asia. Home to the world&rsquo;s second-largest population, India&rsquo;s 1.3 billion people are spread out across the peninsular nation, from the foothills of the Himalayas to the tropical south. India&rsquo;s population core is settled along the Ganges river basin, a densely populated swath of fertile land that extends across the northern Himalayan border. India&rsquo;s primary geographic challenge comes from a lack of strong internal boundaries. Modern-day India struggles to rectify the ambitions of a relatively weak national government that competes with the prerogatives of strong, diverse states &mdash; a legacy of a long history of domestic infighting between various dynasties uninhibited by mountains or other defining geography. A similar lack of defining geography still plagues India&rsquo;s northwest border. Waves of Greek, Persian, and Mongols invaded, culminating in the Mughal Empire, which united much of the subcontinent prior to British conquest. The northwestern border still poses national security risks, due to ongoing disputes with Pakistan. But rising domestic consumption means India is increasingly dependent on imported goods from distant suppliers. Surrounded by water or impassable mountains, New Delhi now faces the additional task of developing naval capabilities to secure its critical supply routes, risking maritime tensions with China in the broader Indo-Pacific basin.</p>

SITUATION REPORTS

Vietnam, India: Strategic Upgrade Expands Rare Earth, Defense Ties

India: Early State Assembly Election Results Come In

New Zealand, India: Governments Sign Free Trade Agreement

India: Voting Takes Place in West Bengal and Tamil Nadu

India, South Korea: Bilateral Talks Prioritize Trade

India: BJP To Propose Constitutional Amendment on Delimitation and Parliament Expansion

India, New Zealand: Governments Set To Sign FTA on April 24

Iran: Chinese Container Ships Transit the Strait of Hormuz in Second Attempt

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