Belt road Initiative Current Affairs, GK & News

Australia cancels deals on China’s Belt and Road

The Australian Government recently announced that it has cancelled deals on Belt and Road initiative over national interest. What is the issue? The Victorian State Government had signed two agreements with China. In 2018, an agreement was signed to promote infrastructure development initiative in the state. The second agreement was signed in 2019 that aimed ..

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India-UAE High Level Joint Task Force on Investments

On November 3, 2020, India and UAE held the High-Level Joint Task Force on Investments. The task force was created in 2012. Highlights The task force discussed upon the following The positive outcomes achieved by the Joint Task Force were discussed The India and UAE sectors with potential for economic growth were identified The existing ..

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Italy joins China's Belt Road Initiative

Italy’s Prime Minister Giuseppe Conte signed a memorandum of understanding (MoU) with Chinese President Xi Jinping in Rome, endorsing the global infrastructure-building scheme of China. Despite the warnings and pressure from the US and the Europen Union, Italy has joined the china’s mega connectivity scheme and has become the first G7 country to do so. ..

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