bilateral agreement
India-South Korea bilateral trade target
India and South Korea have set to achieve bilateral trade target of 50 billion USD by 2030. The target was set during the summit held in 2018. Recently, the foreign ministers of the respective countries met to discuss on terms ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
India – Korea Trade Talks
On January 11, 2022, India and Korea held a bilateral trade talk. The talks focused on non – tariff barriers, market access issues, trade deficit faced by the Indian exporters. The countries also discussed investment related issues. Background The India ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
India-Japan MoU in ICT sector
India and Japan recently signed Memorandum of Understanding to enhance cooperation in the field of Information and Communications Technology. The agreement included standardization of 5G as well. Key Features of the Agreement India and Japan will enhance cooperation in the ..
Month: Current Affairs - January, 2021
India-Bhutan MoU in use of outer space
The Union Cabinet recently approved the Memorandum of Understanding (MoU) between India and Bhutan for peaceful use of outer space. The MoU was signed between the countries on November 19, 2020. What is India-Bhutan MoU in use of Outer Space? ..
Month: Current Affairs - December, 2020
UK-Vietnam Free Trade Agreement
The United Kingdom and Vietnam recently signed an agreement on trade. The agreement is to eliminate 99% of tariffs within seven years. Highlights With the elimination of 99% of tariff, Vietnam is to benefit from tariff savings of 114 million ..
Month: Current Affairs - December, 2020
Agreement between Russia and China on Notification of Launches of Ballistic Missiles and Space Missile Carriers
Recently, Chinese State Councilor and Defence Minister General Wei Fenghe and Russian Defence Minister Sergi Shoigu signed a Protocol to extend the ‘Agreement between Russia and China on Notification on Launches of Ballistic Missiles and Space Missile Carriers’. The Agreement ..
Month: Current Affairs - December, 2020
4th India-Philippines Joint Commission on Bilateral Cooperation
The 4th India- Philippines Joint Commission on Bilateral Cooperation was held virtually on November 6. The meeting was co- chaired by India’s External Affairs Minister S Jaishankar and Teodoro Locsin Jr, Secretary, Department of Foreign Affairs of Republic of Philippines. ..
Month: Current Affairs - November, 2020
India-Italy Bilateral Summit: 15 Pacts signed
On November 6, 2020, PM Modi is to hold a virtual bilateral summit with his Italian counterpart Giuseppe Conte. The leaders are to sign 15 pacts in the field of energy, trade, ship building and culture. Highlights The summit is ..