The US has announced its decision to terminate India’s designation as a beneficiary of its Generalized System of Preferences (GSP). This decision comes in the backdrop of US having concerns over a range of issues like (a) India’s new rules on e-commerce that affected firms such as Amazon and Walmart (b) Data localisation rules which… Continue reading Tariff hike to hit exports to U.S.
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.
China targets 6 to 6.5% in shadow of trade war with U.S
China lowered its economic growth target for the year 2019 to between 6 to 6.5% of Gross Domestic product(GDP). The cuts to the GDP growth target comes in the backdrop of (a)Chinese economy facing pressure from a persistent slowdown (b)Rising trade tensions between US and China and (c)slowing global economy. Chinese Government have announced various… Continue reading China targets 6 to 6.5% in shadow of trade war with U.S
No bank guarantees meant a more expensive new Rafale deal
Indian government in 2016 inked a direct deal with the French government to purchase 36 new Rafale fighter jets.The Opposition parties have alleged that the government bought 36 Rafale fighter aircraft at a much higher price than the one that was being negotiated for 126 aircraft by the previous government. Rafale is a twin-engine medium… Continue reading No bank guarantees meant a more expensive new Rafale deal
CURTAIN RAISER: AL NAGAH 2019
Exercise Al Nagah III,third in the series of bilateral joint military exercise between India and Oman will be held at Jabel Al Akhdar Mountains in Oman.In this exercise,both will exchange expertise and experience in tactics, weapon handling and firing. The exercise aims at enhancing interoperability in counter terrorist operations in semi-urban mountainous terrain. The first… Continue reading CURTAIN RAISER: AL NAGAH 2019
NSA surveillance programme to be shut
United States National Security Agency(NSA) is planning to end the highly controversial, once-secret, surveillance program for counter terrorism.It used to annually collect hundreds of millions of telephone call records to analyze the data for clues. The program was disclosed by Edward Snowden. It then became a focus of debate about maintaining balance between privacy and… Continue reading NSA surveillance programme to be shut
China says it is in “close communication” with India and Pakistan to ease tensions
China has said that it is planning to send a special envoy to ease tensions between India and Pakistan after the Pulwama attack. China agreed with Russia which said that Counter terrorism Mechanism such as Regional Anti terrorist Structure(RATS) under Shanghai cooperation Organisation(SCO) could be used as a forum to discuss India-Pakistan issues.However,India maintains that… Continue reading China says it is in “close communication” with India and Pakistan to ease tensions
China,US close to reaching a trade deal
The United States and China are in the final stage of completing a trade deal.The deal would end the trade war between both the countries that has been escalating since last year. Trade war is a situation where countries restrict each other’s trade by imposing tariff or quota on imports.US had started imposing tariffs on… Continue reading China,US close to reaching a trade deal
Putin suspends INF treaty with US
Russia officially suspended it’s participation in the Intermediate-Range Nuclear Forces(INF) on the grounds that US have violated the INF treaty. US had already withdrawn from the treaty claiming that Russia had secretly developed a missile that violated the INF. The Intermediate-Range Nuclear Forces(INF) Treaty came into force in 1988. It banned both the Soviet Union(Russia)… Continue reading Putin suspends INF treaty with US
Pakistan bans UNSC designated outfits; Delhi sceptical
Pakistan has enacted a law United Nations Security Council (Freezing and Seizure) Order, 2019.It was enacted in accordance with the provisions of Pakistan’s United Nations Security Council (UNSC) Act, 1948.It implements United Nations sanctions against individuals and organisation. The objective of the order is that the government will take over the control of assets and… Continue reading Pakistan bans UNSC designated outfits; Delhi sceptical
China asks for duty-free import of 85% of its products into India
During India-China bilateral discussions,China has said they were willing to give duty-free access to 92% of Indian exports,provided India allow duty-free import of 85% of its products into China.India has offered to open up 74% of its market to Chinese goods in phases but China is not satisfied with the proposal. Import duty is a… Continue reading China asks for duty-free import of 85% of its products into India
