Azerbaijan Current Affairs, GK & News

World Bank’s updated Doing Business rankings

The World Bank recently corrected its Doing Business rankings after review of data irregularities. After the corrections, China’s ranking has been lowered by seven notches. What is the issue? In August 2020, the World Bank decided to pause the publication of its Doing Business Report after number of irregularities regarding changes to data in previous ..

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What is the new peace deal between Armenia and Azerbaijan?

On November 10, 2020, Armenia and Azerbaijan signed a peace deal to end the ongoing conflict between the countries. According to the deal, the countries will maintain positions in the areas where they currently hold. This means a significance gain to Azerbaijan. Highlights The peace deal between the countries was brokered by Russia. Armenia and ..

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Armenia-Azerbaijan Conflict: Key Facts, Reasons, Causes, Impact on India

The territorial dispute between Armenia and Azerbaijan over the Nagorno-Karabakh region has increased recently with heavy clashes. Strategic Location Both Armenia and Azerbaijan are a part of the Transcaucasia region. It is the geographical region on the border of Eastern Europe and Western Asia. It consists of Armenia, Georgia and Azerbaijan. Background In 1920, the ..

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Project ‘Decarbonising Transport in India’ will be launched on 24th June

For reducing the carbon dioxide emission caused due to transportation in the country, NITI Aayog will launch the project ‘Decarbonising Transport in India’ on 24th June 2020. The project is in collaboration with the International Transport Forum (ITF). Objective of the Project To meet the goals related to climate/ climate change in the country, it ..

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Concor signs service agreement with Russia’s RZD Logistics JSC

Container Corporation of India (Concor) and RZD Logistics JSC (Russian Railways) recently signed a service agreement for transporting cargo between India and Russia using a single invoice. The containers will move between the two countries by using the International North South Transport Corridor (INSTC), which passes through Iran. The corridor also passes through Azerbaijan.

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