News: India approved Rs. 30 billion withdrawal for Maldives under SAARC Currency Swap Framework, reaffirming financial support and regional cooperation commitment. About SAARC Currency Swap Framework SAARC currency swap framework provides SAARC countries a line of funding for short-term foreign exchange requirements. Currency Swap Framework: It is a contract between countries to exchange currencies with… Continue reading SAARC Currency Swap Framework
Category: Factly: IR
This category contains all Current Affairs Factly Articles for Prelims, related to the International Relations. You can find all relevant International updates on this page. This page is specifically useful for UPSC Prelims exam.
English Channel and Sandhurst Treaty
News: France and the UK have renewed the Sandhurst Treaty to curb illegal crossings across the English Channel. About English Channel Location: The English Channel is a narrow body of water that forms a natural border between England (part of the United Kingdom) and France. It is a narrow extension of the Atlantic Ocean that… Continue reading English Channel and Sandhurst Treaty
India-Africa Forum Summit (IAFS)2026
News: India will host the Fourth India-Africa Forum Summit in May-end 2026, after a gap of more than a decade. About India-Africa Forum Summit (IAFS) 2026 It is an official institutional platform for African-Indian relations and a high-level consultative mechanism between the Government of India and the member states of the African Union. Established: The… Continue reading India-Africa Forum Summit (IAFS)2026
Trans-Arabian Pipeline
News: With Iran threatening the Strait of Hormuz, Gulf countries like Saudi Arabia and the UAE are accelerating efforts to reduce dependence on this chokepoint by expanding alternative infrastructure. About Trans-Arabian Pipeline Trans-Arabian Pipeline is a crude oil pipeline located in southwestern Asia. It is also called the Tapline. Operational from: It became operational in… Continue reading Trans-Arabian Pipeline
Borrowers’ Platform
News: Developing countries launched the first-ever Borrowers’ Platform at IMF-World Bank Spring Meetings 2026 to address rising debt pressures collectively. About Borrowers’ Platform It is a dedicated forum for developing countries to coordinate and address sovereign debt challenges. Launched: It was launched during the IMF-World Bank Spring Meetings 2026 by developing countries. Origin: The platform… Continue reading Borrowers’ Platform
POWERR Asia Initiative
News: Japan pledged $10 billion support to Southeast Asia to address rising crude prices and supply disruptions caused by the war in West Asia. About POWERR Asia Initiative Full Name: Partnership On Wide Energy and Resources Resilience (POWERR Asia) Launched by: It was launched by Japan. Aim: It aims to provide financial support for emergency… Continue reading POWERR Asia Initiative
Two-Tier UNSC Reform and G4 Proposal on UNSC Reforms
News: India has firmly opposed the creation of a “two-tier” system of permanent membership in a reformed UNSC and express support for a compromise proposal by the G4 group. About Two-Tier UNSC Reform and G4 Proposal on UNSC Reforms About Two-Tier UNSC Reform The United Nations recently proposed a two-tier permanent membership level in the… Continue reading Two-Tier UNSC Reform and G4 Proposal on UNSC Reforms
Exercise DUSTLIK – VII 2026
News: The Indian Army contingent departed to Namangam, Uzbekistan for the 7th edition of India-Uzbekistan joint military Exercise DUSTLIK. About Exercise DUSTLIK – VII 2026 It is an annual joint military exercise conducted alternatively in India and Uzbekistan. 2026 edition: The Exercise is scheduled to be conducted at Gurumsaray Field Training Area, Namangam, Uzbekistan from… Continue reading Exercise DUSTLIK – VII 2026
Punatsangchhu-II Hydroelectric Project (PHEP-II)
News: India and Bhutan strengthened hydropower cooperation during the visit, with signing of tariff protocol of Punatsangchhu-II Hydroelectric Project (1020 MW). About Punatsangchhu-II Hydroelectric Project (PHEP-II) It is a 1020 MW run-of-the-river hydroelectric power project in Bhutan. Developed by: It is developed by the Punatsangchhu II Hydroelectric Project Authority under an Inter-Government Agreement between Bhutan… Continue reading Punatsangchhu-II Hydroelectric Project (PHEP-II)
King Fahd Causeway
News: The King Fahd Causeway was recently closed following threats of Iranian attacks targeting Saudi Arabia’s Eastern Province. About King Fahd Causeway Location: It is a series of bridges connecting the island nation of Bahrain to Saudi Arabia, spanning the Gulf of Bahrain. Inaugurated: It was started in 1986. Managed and operated by: It is… Continue reading King Fahd Causeway
