Levels of Economic Integration Economic integration takes the form of the Preferential Trade Area, Free Trade Area, Customs Union, Common Market and Economic Union. A preferential trade area (PTA) is a trading bloc that gives preferential access to certain products …
What’s in the news? India and the US are set to hold ministerial 2+2 talks on 11 April. The Indian delegation will be led by Home Minister Rajnath Singh and External Affairs Minister Jaishankar and the US will be represented …
Context India and Australia have signed an Economic Cooperation and Trade Agreement (ECTA). The landmark bilateral trade pact is the second trade agreement India has signed this year after inking a similar deal with the United Arab Emirates in February. …
What’s in the news? India and Australia have signed an Economic Co-operation and Trade Agreement (ECTA) in the presence of Prime Minister Narendra Modi and his counterpart in Canberra Scott Morrison, with an eye on doubling bilateral trade to $50 …
What’s in the news? The 20th edition of the Bilateral Naval Exercise between Indian and French Navies – ‘VARUNA’ is being conducted in the Arabian Sea from 30 Mar – 03 Apr 22. The Bilateral Naval Exercises between the two …
Why in News: A media clarification issued by Sri Lanka’s Ministry of Defence has brought to light two recent defence pacts it has signed with India that neither side officially announced. What is the pact about The receipt of Floating …
What’s in the news? Union Minister of Commerce and Industry Piyush Goyal has unveiled the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE). India-UAE CEPA was signed on 18 February 2022 in New Delhi during …
What’s in the news? India and Japan have set an investment target of “five trillion yen” ($42 billion) in the next five years, the leaders announced after a meeting in New Delhi for the 14th annual summit, where several agreements …
Why in News: Exercise Dharma Guardian, an annual exercise between Indian Army and Japanese Ground Self Defence Force, concluded at Belgaum with a focus on counter-terrorism operations and disruptive technologies between two key partners in the Indo-Pacific region. About the …
Why in News? Recent events of Russia’s invasion of Ukraine has long-term implications for India, most significantly on the decades-old defence trade between the two. Even as the most immediate impact of Russia’s invasion of Ukraine on India is the …