CPTPP Current Affairs, GK & News

IPEF: India to join USA’s new initiative

India expressed willingness to join Indo-Pacific Economic Framework for Prosperity (IPEF), a new economic initiative led by the USA. USA clarified that the IPEF is not a free trade agreement (FTA). Thus, it neither seeks to replace the 11-nation CPTPP (Trans-Pacific Partnership) nor the RCEP. When negotiations did begin and what are the focus areas? ..

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Australia-UK Free Trade Deal

United Kingdom and Australia has signed a free trade deal on June 15, 2021. This trade deal eliminates tariffs on wide range of goods. This deal was signed following UK’s exit from European Union. With this deal, U.K. seeks to expand links across the world. Significance of the deal This deal is expected to boost ..

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