Contents1 What is the News?2 What are the key findings of the report?2.1 India’s Imports2.2 A shift in Economic Activity2.3 E7 Group of Economies3 What are the concerns highlighted in the report? What is the News? The UK’S Department of International Trade has released a report titled ‘Global Trade Outlook‘. What are the key findings… Continue reading India will become 3rd largest importer by 2050: UK report
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.
World Bank discontinues Doing Business rankings
What is the News? The World Bank Group has recently decided to discontinue publication of its ‘Doing Business’ rankings. About the Doing Business Report Doing Business report measures regulations across the 190 economies in 12 business regulatory areas to assess the business environment in each economy. Read more: World Bank’s Doing Business Report What led to… Continue reading World Bank discontinues Doing Business rankings
Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
What is the News? India has participated in the 6th edition of Exercise Peaceful Mission being hosted by Russia. What is an Exercise Peaceful Mission? Exercise Peaceful Mission is a Multilateral Exercise that is conducted biennially as part of military diplomacy between Shanghai Cooperation Organisation (SCO) member states. Aim: To foster close relations between SCO… Continue reading Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
PM calls on SCO to act against radicalization
What is the News? The annual summit of the Shanghai Cooperation Organisation(SCO) was held in Tajikistan’s capital city of Dushanbe. What are the key highlights of the summit? Dushanbe Declaration: At the summit, the countries adopted the Dushanbe Declaration. The declaration called for an inclusive government in Afghanistan, with representatives from all ethnic, religious, and… Continue reading PM calls on SCO to act against radicalization
EU unveils Indo-Pacific strategy
What is the News? The European Union has released a new Indo-Pacific strategy for boosting economic, political and defence ties in the Indo-Pacific. Why an EU Strategy for the Indo-Pacific? The Indo-Pacific region is increasingly becoming strategically important for the EU. The EU is already the top investor, the leading development cooperation partner and one… Continue reading EU unveils Indo-Pacific strategy
US, UK, Australia form new partnership
What is the news? Recently a new Trilateral Security Partnership grouping has been formed between the US, UK and Australia (AUKUS) for the Indo-Pacific. The aim of the grouping is to advance the strategic interests, uphold the international order and promote peace and stability in the Indo-Pacific region. What will be the central feature of… Continue reading US, UK, Australia form new partnership
Developed countries seek to end export financing for coal
What is the News? The US, European Union, South Korea and other countries are planning to forbid their export-financing agencies from supporting coal-fired power projects overseas. What is the issue? The US, EU and other countries are planning to put a proposal at the Organization for Economic Cooperation and Development(OECD) to take a tough position… Continue reading Developed countries seek to end export financing for coal
India, UK aim to launch FTA negotiations by November 1
Contents1 What is the News?2 About India-UK FTA3 What are the key expectations linked with India-UK FTA?4 Non-tariff and technical barriers What is the News? India and the UK are planning to begin the negotiations on a Free Trade Agreement(FTA) by November 2021. About India-UK FTA India and the UK are planning to sign an… Continue reading India, UK aim to launch FTA negotiations by November 1
Centre urges Indian companies to join “Leadership Group for Industry Transition”
What is the News? The Minister for Environment, Forest and Climate Change has urged Indian companies to join the Leadership Group for Industry Transition (LeadIT) Initiative. About Leadership Group for Industry Transition (LeadIT) Launched by: Government of Sweden and India at the UN Climate Action Summit in 2019 with the support from World Economic Forum.… Continue reading Centre urges Indian companies to join “Leadership Group for Industry Transition”
India and US launch the Climate Action and Finance Mobilization Dialogue (CAFMD)
What is the News? India and the United States of America (USA) have jointly launched the “Climate Action and Finance Mobilization Dialogue (CAFMD)”. About Climate Action and Finance Mobilization Dialogue (CAFMD) CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 partnership launched at the Leaders’ Summit on Climate… Continue reading India and US launch the Climate Action and Finance Mobilization Dialogue (CAFMD)
