Page-2 of Free trade agreement Current Affairs, GK & News

UK Enters into First Major Post-Brexit Deal with Japan

The UK has signed its first major post-Brexit trade pact by signing a deal with Japan. The deal aims to boost trade between these two countries by about £15bn. The deal would boost UK GDP by 0.07%, though, it is just a fraction of the trade that was lost with the European union (EU). Significance ..

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EU-India to resume talks on Free Trade Agreement

The Government of India and the European Union are expected to start a ‘High Level Dialogue of Trade and Investment’ during the virtual EU-India summit. However, the EU has also expressed its concerns towards the protectionist policies by the Indian government such as Make in India, ‘Atmanirbhar India’ etc. Background of the EU-India Free Trade ..

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GoI: 10 Sectors identified to cut imports

On June 3, 2020, the Department of Promotion for Industry and Internal Trade identified 10 sectors where in the imports are to be cut. This includes textiles, jewelry, mobile, gems, pharmaceuticals, garments, electronics, machinery, etc. Highlights The GoI has recently changed the set targets in order to become self-reliant in footwear, furniture and air conditioner. ..

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Exports: GoI launches guidelines for Certificate of Origin

The Ministry of Commerce recently launched an online platform to issue Certificate of Origin to the exporters and other guidelines. The move is being taken to facilitate shipments during lock down. Highlights Currently, the online platform is used obtain certificate of exports under PTA signed with Chile, SAFTA signed with Nepal and SAPTA signed with ..

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Maldives conferred Country’s highest honour on PM Modi

Prime Minister Modi was conferred with Maldives’ highest honour- ‘Order of the Distinguished Rule of Nishan Izzuddeen‘ in Male, (Maldives capital) during his two-day state visit to the island country. The prestigious award of Most Honourable Order of the Distinguished Rule of Nishan Izzuddeen is Maldive’s highest honour accorded to foreign dignitaries. India-Maldives Relation Background: ..

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