The US has not ended the sanctions waiver provided to eight countries.It has allowed them to continue purchasing Iranian crude oil as these countries showed significant reduction in oil purchase from the Iran after United States had reimposed sanctions. The US had granted exemptions to (a)China (b)India (c)Italy (d)Greece (e)Japan (f)South Korea (g)Taiwan and (h)Turkey… Continue reading We want all nations to stop buying Iran oil
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.
Xi’s BRI faces criticism during China’s annual political sessions
China’s Belt and Road Initiative (BRI) has come under criticism at the annual political sessions of the Chinese People’s Political Consultative Conference (CPPCC) and the National People’s Conference (NPC). The main criticism stems from China giving out huge loans valued at billions of US dollars to small countries for infrastructure development over and beyond their… Continue reading Xi’s BRI faces criticism during China’s annual political sessions
U.K. unveils tariff plan for ‘no-deal’ scenario
UK Government has announced temporary tariff plans if it leaves the European Union without a transition deal.The tariff plans are (a)eliminate import tariffs on a wide range of goods and (b)keep the border between Ireland and Northern Ireland free of customs checks. The tariff plans would apply both to imports from the EU and from… Continue reading U.K. unveils tariff plan for ‘no-deal’ scenario
Pak. Army eyes key role in developing giant copper & gold mine
Pakistan’s military is participating in the development of Reko Diq Mine as it considers it as a strategic national asset. However,the mine is facing problems due to (a)multi-billion dollar legal dispute with foreign mining firms and (b)inability to attract foreign investment as Pakistan is under economic crisis. Reko Diq Mine is one of the world’s… Continue reading Pak. Army eyes key role in developing giant copper & gold mine
Don’t help the Maduro regime: U.S.
US Secretary of State has advised India not be the economic lifeline to the regime of Venezuelan President Nicolas Maduro by purchasing oil from the Latin American country. Earlier,U.S National Security Advisor had warned countries and companies against buying crude oil from Venezuela.It was after the visit of Venezuela’s Oil Minister to India where he… Continue reading Don’t help the Maduro regime: U.S.
D-day for Azhar’s UNSC listing: all eyes on China
The United Nations Security Council’s 1267 committee will decide on designation of Jaish-e-Mohammed chief Masood Azhar under the UNSC 1267 Sanctions Committee. The proposal to designate Masood Azhar was moved by France, UK and the US.It is the fourth such bid at the UN in the last 10 years to list Azhar as a global… Continue reading D-day for Azhar’s UNSC listing: all eyes on China
‘Xinjiang camps for jobs, education’
Chinese official has rejected allegations of internment camps in Xinjiang region. The response comes in the backdrop of estimates cited by a UN panel. The UN panel has reported that nearly one million Uighurs are being held in detention centres in Xinjiang. Xinjiang is an administrative region in north-western China. The region borders eight countries… Continue reading ‘Xinjiang camps for jobs, education’
May’s deal faces another crunch test today
UK Parliamentarians will vote on Brexit deal after UK prime minister has said that she had secured “legally binding” changes to the backstop agreement with the European Union(EU).She said that this would mean that the European Union(EU) cannot keep the UK in the [Irish] backstop indefinitely. The “backstop” agreement reached between the EU and the… Continue reading May’s deal faces another crunch test today
India asks Saudi to invest in strategic oil storage
India has been seeking investment from Saudi Arabia to build strategic crude oil reserves.It will act as a buffer against volatility in oil prices and supply disruptions. Strategic crude oil reserves,which are state-funded and meant to tackle emergency situations,allow a country to counter short-term supply disruptions. The construction and maintenance of strategic petroleum reserves (SPR)… Continue reading India asks Saudi to invest in strategic oil storage
May’s Brexit deal faces another defeat
British Prime Minister is set to face another Brexit deal defeat after two major eurosceptic factions in UK parliament have said that they would vote against her deal.It was because she had failed to get any concessions from the European Union(EU).A Eurosceptic is someone who is opposed to closer links between Britain and the European… Continue reading May’s Brexit deal faces another defeat
