CURRENT AFFAIRS

Detailed explanation-1: -Wang Yi and Subrahmanyam Jaishankar , Minister of External Affairs of India , Co-chair the Meeting.

Detailed explanation-2: -The main purpose of the MoU is flood control and disaster mitigation in downstream areas. Thus, a Memorandum of Understanding (MoU) with People’s Republic of China was signed on April, 2005 upon provision of hydrological information of the River Sutlej/Langqen Zangbo in Flood Season by China to India.

Detailed explanation-3: -How are India’s Trade Relations with China? One of the Biggest Partners: China is India’s second biggest trading partner after the US. In 2021-22, Indo-China bilateral trade was USD 115.83 billion - 11.2% of India’s total merchandise trade of USD 1,035 billion (Indo-US trade - 11.54%).

Detailed explanation-4: -There are regular Party-to-Party exchanges between the Communist Party of China and political parties in India. In order to facilitate exchanges between Indian states and Chinese provinces, the two sides have also established a States/Provincial Leaders Forum.

Detailed explanation-5: -ndia and China signed Education Exchange Programme (EEP) in 2006, which is an umbrella agreement for educational cooperation between the two countries. Under this agreement, government scholarships are awarded to the students , by both the sides, in recognized institutions of higher learning in each other’s country.