CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

h meeting of the joint trade committee was held between which countries?

A	India and Myanmar
B	India and Japan
C	China and Nepal
D	India and Bangladesh

Explanation:

Detailed explanation-1: -The Joint Trade Committee shall undertake measures to facilitate. the expansion of trade which inter alia include the following: a) Hold consultations and exchange information on trade, and. other related matters; b) Review the development of trade and other related matters.

Detailed explanation-2: -Comprehensive Economic Cooperation and Partnership Agreement between Mauritius and India. The Comprehensive Economic Cooperation and Partnership Agreement (CECPA), between Mauritius and India, signed on 22 February 2021, entered into force on 1 April 2021.

Detailed explanation-3: -Which country is set to launch trade promotion event ‘Time for India’ to boost bilateral trade with India? Notes: Sweden is set to launch a trade promotion event named Time for India, to boost bilateral trade with India.

Detailed explanation-4: -According to the data of the commerce ministry, in 2021–22, bilateral trade in goods between the two countries crossed $119.42 billion. Exports to the US increased to $76.11 billion in 2021-22 from $51.62 billion in previous fiscal year, while imports rose to $43.31 billion as compared to about $29 billion in 2020–21.

There is 1 question to complete.