Current Affairs International

 External Affairs Minister Sushma Swaraj is now in Kyrgyzstan which is the second leg of 3-central Asian nations' visit. Before landing in Bishkek, the Minister completed a successful visit to Kazakhstan where she met the country's top leaders to discuss ways to consolidate its strategic partnership with India in areas like trade, energy, security and information technology. Minister Sushma Swaraj held a bilateral meeting with her Kazakh External Affairs counterpart. Sushma Swaraj expressed India's interest to partner with Kazakhstan on several fronts. Bilateral relations between India and Kazakhstan have been strengthened by the bilateral visit of Prime Minister Narendra Modi to Kazakhstan in 2015 and his visit for SCO Summit in June 2017. 
Source- AIR World Service

 Commerce & Industry Minister Suresh Prabhu attended the 6th East Asia Summit- Economic Ministers’ Meeting (EAS-EMM) and 15th India-ASEAN Economic Ministers’ Meeting (AEM) in Singapore. Singapore is currently holding the Chair of ASEAN. The 6th East-Asia Economic Ministers’  Meeting was chaired by Chan Chun Sing, Minister for Trade and Industry, Singapore, and was attended by Economic Ministers from  10  ASEAN countries  and their eight  dialogue partners,  Australia, China, India, Japan, Republic of Korea, New Zealand, the Russian Federation and the United States of America. 
Source- Press Information Bureau (PIB)

 France’s Parliament has signed into law a controversial asylum and immigration bill. The bill is designed to accelerate asylum procedures by cutting the maximum processing time from the current 120 days to 90 days after entering France. The text was adopted on a final reading by 100 votes in favour to 25 against with 11 abstentions. The Senate had rejected the bill, but the Lower House passed the text as President Emmanuel Macron’s La Republique En Marche party holds a large majority, even if the law has exposed divisions within his own camp.
Source- The Guardian

 The United States Congress has passed the National Defense Authorisation Act-2019 (NDAA-19) which capped its security-related aid to Pakistan to $150 million, significantly below the historic level of more than $ 1 billion to $750 million per year. This year’s defence legislation removes certain conditions like action against Haqqani network or Lashkar-e-Taiba (LeT) as was the case in the past few years for disbursement of US aid to Pakistan. 
Source- The Hindu

 The United States has eased export controls for high-technology product sales to India by elevating its status to a Strategic Trade Authorisation-1 (STA-1) country. The information was shared by US Commerce Secretary Wilbur Ross. With the move, the United States has granted India the same access as NATO allies, Australia, Japan and South Korea. 
Source- NDTV News

 Prime Minister Narendra Modi left on a three-nation visit to Rwanda, Uganda and South Africa. In the first leg of his five-day visit, Mr Modi will reach Rwanda. India will extend two lines of credit of 100 million US Dollars each for agriculture and industrial sectors to Rwanda during his two-day visit to that country. On second leg he will leave for Uganda where he will call on the President. He will have delegation-level talks and will address Indian community. Two lines of credit worth 164 million US Dollars will be extended to Uganda during the visit. In the last leg of his visit, Prime Minister Modi will reach South Africa to attend the 10th BRICS summit at Johannesburg. 
Source- AIR World Service

 Myanmar has joined India-initiated International Solar Alliance (ISA), making it 68th signatory to Framework Agreement of ISA. The ISA Framework Agreement was handed over by Myanmar Minister for International Cooperation, Kyaw Tin to India’s External Affairs Minister Sushma Swaraj on sidelines of Delhi Dialogue.
  • International Solar Alliance (ISA)
ISA was jointly launched by India and France in November 2015 at Paris on side lines of COP21 UN Climate Change Conference. Its Framework Agreement came into force in December 2017. It celebrated its founding day on 11th March, 2018. It is headquartered at campus of Natioanl Institute of Solar Energy (NISE), Gurugram, Harayana, making it first international intergovernmental treaty based organization to be headquartered in India. ISA is action-oriented organization that aims brings together countries with rich solar potential to aggregate global demand, thereby reducing prices through bulk purchase, facilitating deployment of existing solar technologies at scale and promoting collaborative solar R&D and capacity building.
Objectives of ISA
  • Undertake joint efforts required to reduce the cost of finance and the cost of technology;
  • Mobilize more than US $1000 billion of investments needed by 2030 for massive deployment of solar energy;
  • Pave way for future technologies adapted to needs of solar rich 121 countries lying fully or partially between Tropic of Cancer and Capricon.
ISA’s 4 ongoing programmes
  • Scaling Solar Mini Grids;
  • Affordable Finance at Scale.
  • Scaling Solar Applications for Agricultural Use.
  • Scaling Solar Rooftop catering to the needs of solar energy in specific areas.

 UN Environment Programme (UNEP) has entered into a partnership with search engine giant Google to monitor the impacts of human activity on global ecosystems by using sophisticated online tools. The partnership was launched during a High-Level Political Forum on Sustainable Development at United Nations (UN) headquarters in New York. The aim of the partnership is to develop a platform to enable governments, NGO’s and public to track specific environment-related development targets with user-friendly Google front-end. 
Source- India Today

 European Union (EU) and Japan have signed Economic Partnership Agreement (EPA). It was signed at EU-Japan summit in Tokyo by EU Presidents Jean-Claude Juncker and Donald Tusk and Japanese Prime Minister Shinzo Abe. It is biggest ever trade deal negotiated by the EU and creates free trade zone covering nearly third of the world’s GDP. The trade deal is set to eliminate the "vast majority" of the $1.1 billion in duties that EU companies pay to Japan, according to the European Commission.  
Source- The Economic Times

 European Union (EU) and Japan have signed Economic Partnership Agreement (EPA). It was signed at EU-Japan summit in Tokyo by EU Presidents Jean-Claude Juncker and Donald Tusk and Japanese Prime Minister Shinzo Abe. It is biggest ever trade deal negotiated by the EU and creates free trade zone covering nearly third of the world’s GDP.
Key Parts of EPA
  • Agricultural exports: It scraps Japanese duties on many cheeses such as Gouda and Cheddar as well as on wine exports. It allows EU to increase its beef exports to Japan and duty-free trade in pork, processed meat and almost duty-free trade for fresh meat. It ensures protection in Japan of more than 200 high-quality European agricultural products, so called Geographical Indications (GIs), and protection of selection of Japanese GIs in EU.
  • Services markets: EPA opens up services markets, in particular financial services, e-commerce, telecommunications and transport.
  • Procurement markets: It guarantees EU companies access to large procurement markets of 48 large Japanese cities and removes obstacles to procurement in economically important railway sector at national level.
  • Automotive sector: It addresses specific sensitivities of EU in this sector and elimination of customs duties in transition periods of up to 7 years.
  • Trade and sustainable development: EPA includes comprehensive chapter on it. It sets very high standards of labour, safety, environmental and consumer protection. It strengthens EU and Japan’s commitments on sustainable development and climate change and fully safeguards public services.
  • Data protection: The negotiations completed by both sides on this matter will complement EPA. Both sides recognise each other’s data protection systems as equivalent, allowing data to flow safely between EU and Japan and creating world’s largest area of safe data flows.
  • Significance
EPA removes vast majority of €1 billion of duties paid annually by EU companies exporting to Japan and number of long-standing regulatory barriers, for example on cars. It opens up Japanese market of 127 million consumers to key EU agricultural exports and will increase EU export opportunities in range of other sectors. In addition, it will strengthen cooperation between Europe and Japan in range of areas, reaffirm their shared commitment to sustainable development. It also includes for the first time a specific commitment to the Paris climate agreement.


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