Nepal and China Sign 12 Agreements: A Closer Look at the Visit’s Outcome Nepal and China, two neighboring nations with a history of cordial relations, recently made headlines as they inked a series of agreements during a significant diplomatic visit. These agreements have implications that resonate beyond their borders and are of particular importance to…
India to Open Embassy in Timor-Leste: Strengthening Diplomatic Ties In a significant development, India is set to open its embassy in Timor-Leste, further enhancing its diplomatic footprint in the Southeast Asian region. This move underscores India’s commitment to bolstering its relations with neighboring nations and holds great relevance for aspirants preparing for various government exams,…
India and Malaysia Can Now Trade in Indian Rupee: Boosting Economic Relations India and Malaysia have recently taken a significant step towards strengthening their economic ties by allowing trade to be conducted in Indian Rupee (INR). This move is expected to enhance bilateral trade and foster closer cooperation between the two nations. The decision marks…
Sberbank Introduces Indian Rupee Accounts for Individuals in Russia In a significant development, Sberbank, Russia’s largest state-owned bank, has announced the introduction of Indian rupee accounts for individuals in Russia. This move is aimed at facilitating seamless financial transactions between Indian residents in Russia and their home country. The introduction of Indian rupee accounts by…
India and UAE Trade Target $100 Billion Non-Oil Trade by 2030, Set up Councils to Facilitate FTA Implementation India and the United Arab Emirates (UAE) have set ambitious targets to boost their bilateral trade. Both countries aim to achieve $100 billion in non-oil trade by the year 2030. To facilitate the implementation of a Free…
US and UK Forge Atlantic Declaration to Boost Economic Ties In a significant move aimed at strengthening economic cooperation, the United States and the United Kingdom have recently forged an Atlantic Declaration. This declaration underscores the commitment of both nations to deepen their bilateral ties and promote economic growth. The agreement holds great relevance for…
Mongolia Refinery to be built by India by 2025 India has signed an agreement with Mongolia to build a refinery in the country by 2025. The agreement was signed during a virtual meeting between the External Affairs Minister of India, S Jaishankar, and his Mongolian counterpart, Batmunkh Battsetseg. The refinery, which is expected to be…
UAE India Trade discussing settling non-oil trade in Rupees The United Arab Emirates (UAE) and India are in talks to settle non-oil trade in Indian rupees. The discussions were held during a meeting between India’s Commerce and Industry Minister and the UAE’s Minister of Economy. The two countries also discussed increasing their bilateral trade and…
