• Sunday, August 14, 2022

Business

Modi and Macron sign key security deal with an eye on China

By: Sarwar Alam

French president Emmanuel Macron on Saturday (10) said defence ties with India had reached a new high after the two nations signed a key security accord for the Indian Ocean to counter China’s growing influence in the region. “Defence cooperation between the two countries now has a new significance,” Macron said as a gushing prime minister Narendra Modi stood by his side. Under the deal, India and France will open their naval bases to warships from each other, a move seen as an attempt to undermine China’s territorial ambitions. “A strong part of our security and the world’s stability is at stake in the…

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