CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which city Seventh India-Egypt Joint Commission Meeting Held?
A
Hyderabad
B
New Delhi
C
Chennai
D
Patna
Explanation: 

Detailed explanation-1: -7th round of Joint Commission Meeting (JCM) was held in March 2018 in New Delhi, in which an Egyptian delegation headed by FM Shoukry participated.

Detailed explanation-2: -India and Egypt share close political understanding based on long history of contacts and cooperation on bilateral, regional and global issues. The joint announcement of establishment of diplomatic relations at Ambassadorial level was made on 18 August 1947.

Detailed explanation-3: -(Egypt’s exports to India have been valued at US$ 1.89 billion, while imports from India were valued at US$ 2.26 billion, leaving India with a positive trade balance of US$ 372 million). In 2021 – 22, bilateral trade increased significantly, reaching $7.26 billion, a 75% increase over FY 2020 – 21.

Detailed explanation-4: -Egypt has traditionally been one of India’s most important trading partners in the African continent. The India-Egypt Bilateral Trade Agreement has been in operation since March 1978 and is based on the Most Favoured Nation clause. Bilateral trade has grown significantly and consistently in the past five years.

There is 1 question to complete.