International Trade: Current Affairs, GK & News - 2020-2021
What is Supply Chain Resilience Initiative (SCRI)?
Published: September 2, 2020
India, Japan and Australia have begun discussions on launching a trilateral Supply Chain Resilience Initiative (SCRI) to reduce dependency on China, necessitated by Beijing’s aggressive political and military behaviour. Supply Chain Resilience Initiative In the context of international trade, supply chain resilience is an approach that helps a country to ensure that it has diversified ..
Category: International Current Affairs
EU-India to resume talks on Free Trade Agreement
Published: July 15, 2020
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 ..
Month: Current Affairs - July, 2020
8th Foundation Day of Land Port Authority of India held in New Delhi
Published: March 3, 2020
On March 2, 2020, the eighth foundation day of the Land Port Authority of India was celebrated. The event discussed various aspects of land ports such as cargo operations at Integrated Check Ports and other border infrastructure. Land Port Authority of India The Land Port Authority of India is responsible for managing border infrastructure. It ..
Category: India Nation & States Current Affairs
US drops Currency Manipulation Charge against China ahead of Trade Deal
Published: January 14, 2020
According to the semi-annual report on Macroeconomics and Foreign Exchange Policies published by the United States Treasury Department on Monday 13th January 2020, United States has dropped its charges of designating China as a currency manipulator as no major US trading partner was reported as currency manipulator in the report which came less than 48 ..
Topics: Beijing • China • Donald Trump • International Trade • Liu He • Treasury Department • United States • US President • US-China Trade deal • US-China Trade War • Vice Premier of China • Washington D.C • Yuan
US initiates new anti-dumping duty
Published: November 15, 2019
The US has initiated new antidumping duty and countervailing duty investigations to determine whether forged steel fittings from India and Korea are being dumped there and to find if producers in India are receiving unfair subsidies. In 2018, imports of forged steel fittings from India and Korea were valued at an estimated $92.6 million and ..