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

North Koreans vote for Parliament with ‘single-minded unity’

Elections for the Supreme People’s Assembly has been recently held in North Korea. The Supreme People’s Assembly (SPA) is a rubber-stamp body with no power. It is the only legislative body in North Korea. The election for SPA is held every five years. The Parliament has three factions. The Workers’ Party, led by Kim Jong-un… Continue reading North Koreans vote for Parliament with ‘single-minded unity’

India puts off Pak visit for Indus basin inspection

A visit by the Indian team to Pakistan for inspection of projects in the Indus River Basin has been postponed. The visit was scheduled in March 2019. The Pakistani team had visited India in January 2019 At 115th meeting of the Permanent Indus Commission held in 2018, commissioners of both India and Pakistan had agreed… Continue reading India puts off Pak visit for Indus basin inspection

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