bilateral agreement Current Affairs, GK & News
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 to achieve the target. How will the target be achieved? The target is to be ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022 • International Current Affairs
Topics: Asian financial crisis • bilateral agreement • bilateral trade • CEPA • Comprehensive Economic Cooperation Agreement • Double Taxation Avoidance • India-South Korea • Samsung • Supply chain • Trade and investment • Trade promotion
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 – Korea bilateral trade was 20 billion USD in 2018. However, it started decreasing after ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022 • International Current Affairs
Topics: Act East Policy • bilateral agreement • bilateral trade • CEPA • e-vehicles • economic cooperation • Engineering • Exports and Imports • India-South Korea • India’s Act East policy • market access • Non-Tariff Barriers • Semiconductors • Technical Textiles • Trade and development • Trade Deficit
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 field of telecom security, 5G technologies, submarine optical fiber cable system to islands of India, ..
Month: Current Affairs - January, 2021
Category: International Current Affairs
Topics: bilateral agreement • Defence • ICT • IMac • india-japan • Nuclear Deal
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? The agreement allows the countries to pursue cooperation in areas such as space science, navigation, ..
Month: Current Affairs - December, 2020
Category: International Current Affairs
Topics: bilateral agreement • India-Bhutan • Memorandum of Understanding (MoU) • Outer space • Outer space treaty
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 pounds, that is 151 million USD on its exports and British will benefit 36 million ..
Month: Current Affairs - December, 2020
Category: International Current Affairs
Topics: bilateral agreement • Brexit • European Union (EU) • Free trade agreements • free trade deal • Japan • Singapore • UK • UK-Vietnam • Vietnam
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 was signed in 2009 and is expiring in December 2020. The countries thus renewed the ..
Month: Current Affairs - December, 2020
Category: Defence Current Affairs • International Current Affairs
Topics: Ballistic missile • bilateral agreement • China-Russia • Space Launch System