Page-3 of ASEAN Current Affairs, GK & News

Why did India not sign the world largest RCEP trade deal?

On November 15, 2020, China and other fourteen Asian countries signed the world largest trade pact under the RCEP of ASEAN grouping. The agreement left the doors open for India. However, in 2019, India walked out of the agreement. Why did India not sign the agreement? According to India, the deal does not address its ..

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India attended East Asia Summit: Ha Noi Declaration adopted

India was represented by the External Affairs minister S Jaishankar at the East Asia Summit. The summit adopted Ha Noi Declaration. Key highlights The minister expressed concerns over eroding trust in the South China sea region. He also highlighted the importance of adhering to international sea laws and respecting sovereignty and integrity. China claims sovereignty ..

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RCEP: 15 Asian Economies sign World largest China-backed deal

On November 15, 2020, China and fourteen other countries signed a deal to set up the world largest trading bloc. The negotiations to sign the deal began in 2011. These 15 countries account to 30% of world population and 30% of global GDP. Thus, the deal is the world largest Free Trade Agreement. Key Highlights ..

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India contributes 1 million USD to Covid-19 ASEAN Response Fund

On November 12, 2020, Prime Minister Narendra Modi  cochaired India-ASEAN summit along with the Vietnamese Prime Minister Ngyuyen Xuan Phuc. ASEAN is Association of South East Asian Nations. During the summit, PM annoucned that India is to contribute 1 million USD to COVID-19 ASEAN Response Fund. Key Highlights The summit reviewed the status of India-ASEAN ..

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CARAT: Joint Naval Exercise by Bangladesh and US

On November 4, 2020, Bangladesh and United States held a joint Naval Exercise CARAT. CARAT is Cooperation Afloat Readiness and Training. The exercise was held at Chittagong. Highlights Historically, the exercise involves people-to-people interactions, variety of professional exchanges, community relations project, Subject Matter Expert exchanges and social events. Due to COVID-19, the exercise was held ..

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