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India and Maldives Boost Ties with $750 Million Currency Swap Deal

India and Maldives Boost Ties with $750 Million Currency Swap Deal: India has extended significant financial aid to the Maldives by signing a $750 million currency swap agreement to ease the country’s foreign exchange crisis. This includes a $400 million swap and an additional ₹3,000 crore ($357 million) under the SAARC Currency Swap Framework, available […]

European Union Deforestation Regulation

European Union Deforestation Regulation: Giving relief to exporters of certain products, the European Commission has proposed to extend the implementation of its deforestation regulation by one year. European Union Deforestation Regulation (EUDR) was scheduled to commence on 30 December 2024. It has been introduced to limit the EU market’s impact on global deforestation/forest degradation and […]

Joint United Nations Programme on HIV/AIDS

Joint United Nations Programme on HIV/AIDS: Without India doing a large part of the heavy lifting, it is unlikely that the world will meet the Sustainable Development Goal of ending AIDS as a public health threat by 2030, UNAIDS director for the Asia Pacific said recently. Joint United Nations Programme on HIV/AIDS (UNAIDS) is an […]

India and Uzbekistan Sign Bilateral Investment Treaty in Tashkent

India and Uzbekistan Sign Bilateral Investment Treaty in Tashkent: India and Uzbekistan have signed a Bilateral Investment Treaty (BIT) aimed at boosting investor confidence and enhancing economic cooperation between the two nations. The treaty was formalized by Indian Finance Minister Nirmala Sitharaman and Uzbekistan’s Deputy Prime Minister Khodjayev Jamshid Abdukhakimovich in Tashkent.

Minerals Security Finance Network

Minerals Security Finance Network: India has officially joined the US-led Minerals Security Finance Network. It is a new initiative emerging from the Minerals Security Partnership (MSP). It is aimed at strengthening global cooperation in securing critical mineral supply chains. The network brings together institutions from the Indo-Pacific region and Europe, promoting cooperation, information exchange, and […]