CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With Which country did India, Brazil sign Trade Agreement recently?
A
South Africa
B
North America
C
Australia
D
Antartica
Explanation: 

Detailed explanation-1: -India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) is signed. India and Australia signed their Economic Cooperation and Trade Agreement on April 2, Saturday – the interim trade agreement before a full trade pact is negotiated.

Detailed explanation-2: -The two nations cooperate not only bilaterally but also at plurilateral fora such as BRICS, IBSA, G-20 and in multilateral bodies such as the UN and WTO, among others. India-Brazil relations were elevated to a Strategic Partnership in 2006, thereby heralding a new phase in bilateral ties.

Detailed explanation-3: -Brazil has entered into trade agreements and therefore grants tariff preferences to goods originating in the following countries: Argentina, Bolivia, Chile, Colombia, Cuba, Egypt, Ecuador, Guiana, India, Israel, Mexico, Panama, Paraguay, Peru, Suriname, Uruguay, and Venezuela.

There is 1 question to complete.