CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With which country India have signed agreements to boost the trade for Rs 2, 400 crores?
A
Thailand
B
Malaysia
C
Philippines
D
Vietnam
Explanation: 

Detailed explanation-1: -The country has recently signed three such agreements with Mauritius, the UAE and Australia. Further, India is also actively engaged in FTA negotiations with some of its trading partners including the UK, European Union and Canada.

Detailed explanation-2: -Australian businesses and consumers can now take advantage of new trade opportunities offered by the Australia-India Economic Cooperation and Trade Agreement (ECTA), which entered into force on 29 December 2022.

Detailed explanation-3: -The UAE-India CEPA entered into force on May 1, 2022. As a result of the agreement, businesses can now take advantage of many new benefits, including: Greater access for UAE exports entering the Indian market through the reduction or removal of tariffs on more than 80 per cent of products.

There is 1 question to complete.