Current affairs ( International relations ). 27 april - 3 may
CA INTERNATIONAL RELATIONS 27 APRIL - 3 MAY 2022 Topics to be covered • (IR. 1) India UAE • (IR.2) Soft power : • (IR.3) PM Modi meets Queen of Denmark Margrethe II (IR.4) International Finance Corporation (IFC): upsc1education.blogspot.com/2022/05/current-affairs-international-relations.html?m=1 (IR.1.1) Benefits: • The cepa is likely to benefit about $26 billion worth of indian products that are currently subjected to 5% import duty by the uae, india's third-biggest trading partner behind the us and china. • It is expected that the cepa will lead to an increase in bilateral trade from the current $60 bn to $100 bn in the next 5 years. • Through the pact, indian exporters will also get access to the much larger arab and african markets. (IR.1.2) What is cepa? • it is a kind of free trade pact which covers negotiation on the trade in services and investment, and other areas of economic partnership. • It may ...