Comprehensive And Progressive Agreement For Trans-Pacific Partnership (CPTPP): Britain agreed to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). CPTPP is a free trade agreement (FTA) that was agreed upon in 2018 between 11 countries. These include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. It does not […]
Category: International Relationship Current Affairs
Defense Cooperation Agreement : India And Romania
Defense Cooperation Agreement : India And Romania India and Romania have signed the Defense Cooperation Agreement, aiming to set up and expand Military Cooperation between both countries. The agreement will provide the legal framework for future cooperation in the field of defense through the exchange of expertise and knowledge on subjects of mutual interest including […]
Japan’s Official Development Assistance To India
Japan’s Official Development Assistance To India: Japan has approved Official Development Assistance (ODA) to India, for a few Key projects. Projects under ODA: Rs. 5,509 crores have been approved for Patna Metro Rail Construction Project (I). It aims to cope with the increase of traffic demand in Patna by constructing the new metro corridor, thereby […]
New Development Bank : Dilma Roussef As New Head
New Development Bank : Dilma Roussef As New Head Former Brazilian President Dilma Rousseff has been “unanimously elected” as the head of the New Development Bank (NDB) recently. NDB was formed to support infrastructure and sustainable development efforts in BRICS and other underserved, emerging economies for faster development through innovation and cutting-edge technology. It is […]
IMF Bailouts
IMF Bailouts: The International Monetary Fund (IMF) recently confirmed a USD 3 billion bailout plan (under Extended Fund Facility (EFF)) for Sri Lanka’s struggling economy. Bailout is a general term for extending financial support to a company or a country facing a potential bankruptcy threat. It can take the form of loans, cash, bonds, or […]
G20 RIIG Conference
G20 RIIG Conference: The G20 RIIG (Resource Efficiency and Circular Economy Innovation Group) Conference will take place on March 23, bringing together experts, policymakers, and industry leaders from around the world. The conference will focus on the theme of building a sustainable and circular bio-economy, and discussions will cover various topics related to this critical […]
Indo-Pacific Economic Framework For Prosperity
Indo-Pacific Economic Framework For Prosperity: An Inter-Ministerial delegation from India led by the Department of Commerce participated in the second Indo-Pacific Economic Framework for Prosperity (IPEF) negotiating round in Bali, Indonesia from March 13-19, 2023. Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched by United States President Joe Biden on May 23, […]
Removal Of Red Notice Against Mehul Choksi
Removal Of Red Notice Against Mehul Choksi: Interpol, the global police body, has removed the red notice against Mehul Choksi, a fugitive wanted by India in the USD 2 billion Punjab National Bank fraud case. The Interpol red notice removal doesn’t affect India’s investigations or extradition request. Its notices are international requests for cooperation or […]
Arrest Warrant For War Crimes For President Vladimir Putin : ICC
Arrest Warrant For War Crimes For President Vladimir Putin : ICC The International Criminal Court (ICC) issued an arrest warrant for war crimes for President Vladimir Putin and a second Russian official. This is the first time that the ICC has issued an arrest warrant against one of the five permanent members of the United […]
Critical Minerals Project : India And Australia
Critical Minerals Project : India And Australia India and Australia have reached a significant milestone in working towards investment in critical minerals projects to develop supply chains between the two countries. Two lithium and three cobalt projects are among the five target projects that CMIP has chosen for thorough due diligence. Australia produces almost half […]
