Current Affairs

GK MCQs Section

Page-3 of Topic: International Trade

India’s Rising Trade Imbalance

The Free Trade Agreement (FTA) refer to the cooperation between at least two countries to reduce trade barriers like import quotas and tariffs to increase trade of goods and services with each other. How does...

December 24, 2018

EU approves world’s largest free trade deal with Japan

On December 12, the European Parliament has approved the world’s largest free trade deal between Japan and the European Union (EU). The EU-Japan Economic Partnership Agreement will go...

December 14, 2018

Agriculture Export Policy, 2018

On 7th December, 2018 Union Cabinet has approved the Agriculture Export Policy, 2018. A Monitoring centre under the Ministry of Commerce would be established to oversee the implementation...

December 7, 2018

United States sign trade pact with Canada and Mexico to replace North American Free Trade Agreement (NAFTA)

The United States has signed trade pact with Canada and Mexico to replace the 24-year-old North American Free Trade Agreement (NAFTA) in Buenos Aires, Argentina. They signed an...

December 3, 2018

India focus country in Turkey’s Izmir International Trade Show

India was the focus country of 87th Izmir International Trade Show held in Izmir, third most populous city in Turkey, after Istanbul and Ankara from 7th to 11th...

September 12, 2018

UNSC adopts Resolution 2428 to impose an arms embargo on South Sudan

The United Nations Security Council (UNSC) has adopted a resolution 2428 (2018) to impose an arms embargo on South Sudan. The measure will stop the flow of weapons...

July 15, 2018

India to provide tariff concessions on 3,142 items to APTA members

India has agreed to provide tariff concessions on 3,142 products to Asia Pacific Trade Agreement (APTA) members, from July 1, 2018. The tariff concessions are implementation of results...

July 3, 2018

China imposes additional duties on US $50 billion worth of American products

China in tit-for-tat action has imposed additional tariffs and duties on $50-billion worth of American products. It comes after US President Donald Trump slapped stiff 25% tariff on...

June 17, 2018

Draft agri-export policy : Key Features

A draft Agri Export Policy has been released by the Commerce Ministry. The National Agriculture Export Policy is being formulated in line with the vision to double the...

May 21, 2018

Trade Facilitation Agreement

The government had approved a proposal to notify the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO) in February, 2016. The proposal regarding ratification and acceptance...

April 7, 2018

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