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Current Affairs Agreements

  India signed an ascension pact to the 30-member Trans-Regional Maritime Network that will give it an access to the information on ships passing through the Indian Ocean Region. India already has bilateral White Shipping Agreements with 36 countries. The pact will give India the access to information on ships which pass through the Indian Ocean region that will greatly help the security forces in keeping a tab on any suspicious activity, an official said.
Source- The Economic Times

 India signed an agreement with Peru for co-operation and mutual assistance in Customs Matters. It provides a legal framework for the sharing of information and intelligence between the Customs authorities of the two countries. The agreement will also help in the proper application of Customs laws, prevention and investigation of Customs offenses. According to the Finance Ministry, the agreement signed in New Delhi is also expected to facilitate trade and ensure the efficient clearance of goods traded between the two sides.
Source: News on AIR

 India and UAE have signed an agreement on Currency Swap. The two countries also signed a Memorandum of Understanding for Development Cooperation in Africa. The documents were signed after the 12th session of India-UAE Joint Commission Meeting for Economic and Technical Cooperation. The meeting was jointly co-chaired by External Affairs Minister Sushma Swaraj and her UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi.
Source- Press Information Bureau (PIB)

 Ministry of Railways’ National Rail Museum (NRM) and Madame Tussauds Wax Museum join hands together to provide an amazing combo offer to Delhi NCR tourists. As a part of the collaboration, a special discount of 35% on ticket prices will be offered to NRM visitors when they visit the Madame Tussauds Museum. Similarly, Madame Tussauds Wax Museum visitors will be getting an attractive discount of 30% on combo packages of NRM. National Rail Museum (NRM), managed by Indian Railway, is one of the top edutainment tourist destinations of Delhi NCR area having an annual footfall of more than 5 lakhs. Madame Tussauds wax museum is a leading chain of Wax Museums in the world.
Source: Press Information Bureau

 India and UAE have signed an agreement on Currency Swap. The two countries also signed a Memorandum of Understanding for Development Cooperation in Africa. The documents were signed after the 12th session of India-UAE Joint Commission Meeting for Economic and Technical Cooperation. The meeting was jointly co-chaired by External Affairs Minister Sushma Swaraj and her UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi.
Source- Press Information Bureau (PIB)

 The Economic Development Board (EDB), the investment promotion arm of the Kingdom of Bahrain signed an MoU with the Maharashtra Government to provide a framework for Co-operation between the two authorities to promote FinTech in their respective markets. The MoU was signed by Dr. Simon Galpin, MD, EDB & Shri S.V.R. Srinivas, IAS Principal Secretary, DIT. This MoU is in line with the EDB’s aims of exploring greater synergies between India and Bahrain in the financial technology space and will last for an initial period of three years.
Source- Press Information Bureau (PIB)

 The Centre and Asian Development Bank (ADB) have signed an 85 million dollar loan to improve skill development eco-system in Odisha. An advanced skill training center, the World Skill Center (WSC) will also be established in Bhubaneswar with the help of a loan. The Odisha Skill Development Project agreement was signed by Additional Secretary in the Finance Ministry Sameer Kumar Khare and Country Director of ADB’s India Resident Mission Kenichi Yokoyama in New Delhi.
Source- The Money Control

 The Economic Development Board (EDB), the investment promotion arm of the Kingdom of Bahrain signed an MoU with the Maharashtra Government to provide a framework for Co-operation between the two authorities to promote FinTech in their respective markets. The MoU was signed by Dr. Simon Galpin, MD, EDB & Shri S.V.R. Srinivas, IAS Principal Secretary, DIT. This MoU is in line with the EDB’s aims of exploring greater synergies between India and Bahrain in the financial technology space and will last for an initial period of three years.
Source- Press Information Bureau (PIB)

 US President Donald Trump, Mexican President Enrique Peña Nieto, and Canadian PM Justin Trudeau signed the new US-Mexico-Canada Agreement (USMCA) which will replace the North American Free Trade Agreement (NAFTA). USMCA will govern over a trillion dollars worth of trade between the three countries. They signed an authorization for the deal in Buenos Aires on the sidelines of the Group of 20 summit. The deal requires ratification by all three countries’ legislatures before taking effect.
Source: Aljazeera

 Dr. Ambedkar International Centre (DAIC), 15 Janpath, New Delhi, and Jawaharlal Nehru University, New Delhi, signed a Memorandum of Understanding (MoU) to facilitate and enhance research activities and policy formulation aimed at Socio-economic Transformation and Sustainable Development. The MoU was signed by Prof. M. Jagadesh Kumar, Vice-Chancellor of JNU and Shri Atul Dev Sarmah, Director of DAIC. The signing ceremony was witnessed by Shri Thaawarchand Gehlot, Union Minister of Social Justice and Empowerment.
Source: Press Information Bureau



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