What are CLMV countries?

The sixth India-CLMV Business Conclave 2020 was recently held. During the conclave, India invited the CLMV countries to join International Solar Alliance and the Resilient Supply Chain Initiative. The Conclave was held under the theme “Building Bridges for Constructive Development”. During the conclave, India mentioned that it is ready to share COVID-19 vaccine with the ..

Month: Current Affairs - December, 2020

Category: International Current Affairs

Topics: Act East Policy • Association of South East Asian Nations • CLMV Countries • Free trade agreement • India-CLMV • India-CLMV Countries • India’s Act East policy • Kaladan Multi-Modal Transit Transport Project • Southeast Asia

Union Cabinet approves creation of PDF to catalyse Indian economic presence in CLMV countries

The Union Cabinet has given its approval to create a Project Development Fund (PDF) for catalysing Indian economic presence in the CLMV countries viz. Cambodia, Laos Myanmar and Vietnam. The PDF will have corpus of Rs 500 Crore and shall be housed in Department of Commerce. It will be operated through the EXIM Bank. Key ..

Month: Current Affairs - August, 2016

Topics: Cabinet Decisions • Cambodia • CLMV Countries • Laos • Myanmar • National • Project Development Fund • Vietnam