March 2012 India and World Current Affairs
India and World
India & China Move To Maritime Cooperation
India
& China had decided to open a new bilateral cooperation by agreeing
to undertake joint operation against pirated and sharing technological
know how on sea bed research. The maritime cooperation proposals were
made by visiting Chinese foreign minister Yang Jiechi. This proposal was
shared after Beijing was permitted by the international seabed Authority to explore in South-west Indian ocean.
India For Science Ties With Africa
India
is making stronger scientific ties with Africa as science ministers
from 31 African countries had gathered in New Delhi on 1 March 2012.
Minister of science & Technology, Vilas Rao Deshmukh had Inaugurated
the first ever India & Africa Science & Technology conference
and stressed the need to build bridges between the two scientific
communities and also enhance human resources in research and
development.
India To Host Trade Show In Jakarta
The
Union Commerce minister, Mr. Anand Sharma and Indonesia’s trade
minister, Mr. Gita Iranwan Wirjawan, will inaugurate the high profile
Indian show being held in Jakarta, Indonesia from 6-8 March 2012. Over
75 domestic corporates would participate in a fair as the two countries
aim to achieve a bilateral trade target of $25 billion by 2015 from the
current $ 16.6billion.
India, Iran To Step Up Ties In Renewable Energy
India
and Iran had agreed to improve co-operation in the field of renewable
energy. Both the countries were called for stepping up bilateral ties
and economic cooperation in tourism, cultural exchanges and people to
people contacts
BRICS Summit Set Pact For Trade
This
important move could facilitate trade between Brazil, Russia, India,
China and South Africa in local currency. Two agreements had been linked
at the Delhi summit level meeting of its leaders. The agreements are
non-binding and the leaders of these countries are to meet for the BRICS
summit scheduled to be held on 29 March 2012.
India & Colombia Signed Exchange Programme For The Years 2012-16
India
& Colombia on 12 March 2012 signed a cultural exchange programme in
New Delhi for the years 2012-16. The CEP was signed in comformity with
the provisions established Government of India and the Government of
Colombia, CEP was signed in Bogota, capital of Colombia. The CEP
includes areas such as cultural heritage, museum’s, Archives,
exhibitions, science Arts, Visual Arts, cinematography, Radio and
Television, Music, Libraries, Book and Literature, Creative Industrial
and Editorial Industry for Cooperation. Both the nations have agreed to
set up a joint working group to look after the implementation of their
programme.
Turkey Seeks More Flights From Indian Cities
Turkey
plans to not only to set up a consulate or appoint honorary consul in
Hyderabad but it is also seeking direct air connectivity between
Hyderabad and Istanbul. Turkish ambassador said that they had applied to
the Indian authorities for direct air link. Turkey had also sought
direct connectivity with Chennai, Amritsar, Bangalore and Kolkata. The
envoy was in town to pitch Turkey as an Investment destination and woo
Hyderabad based businessmen, from infrastructure and realty sectors.
World’s Most Ethical Firms; Tata & Wipro
The
Ethisphere Institute’s Annual World’s Most Ethical Companies (WME)llist
revealed that 145 companies in countries including the US, Great
Britain , Japan, Partugal and India. Ethisphere evaluated about 5,000
global companies, including those in Standard & Poor’s 500 index on
reputation. India stood out for setting high standards of emplyee
behaviour and conduct. Tata Steel and Wipro had been named among the
World’s Most Ethical Companies by an American Ethical Institute
recently.
India, World’s Largest Arms Importer
India
was the World’s largest arms importer between 2007 to 2011, according
to latest data from the Stockholm International Peace Research
Institution (SIPRI) India accounted for 10% of the global arms imports
in 2007-11. SIPRI said on 19 March 2012 that the four next largest
recipients of arms in the same period were South Korea with 6%of arms
tranfers, Pakistan 5%, China 5% and Singapore 4%.
India to Vote Against Sri Lanka In UNHRC
P.M.Manmohan
singh on 19 March said that India was inclined to vote in favour of a
US-sponsored resolution against Sri Lanka at the UN Human Rights
Council(UNHRC) in Geneva. As regards the issue of a draft resolution
initiated by the United States at the on-going 19th Session of the UN
Human Rights Council in Geneva . The resolution, currently being drafted
, has two main components first, it asks the Srilankan Government to
implement the report of its own Lessons Learnt and Reconciliation
Commission (LLRC) ,accept some kind of UN minitoring and report to the
UNHRC. secondly, UN monitoring efforts are on to watering down the
resolution but the Western countries are opposed to it.
Indo- Israel FTA Likely To Be Concluded This Year
An
Indo- Israel Free Trade Agreement (FTA) is expected to be concluded
this year, paving the way for further expansion in bilateral trade
between the two countries, Mr,Muneer Akbaria Consul-General, Consulate
General of Israel said that the two countries on the FTA were at an
advanced level. At present the bilateral trade between both countries is
$5billion, and is expected to rise by 60% in next two years. The new
areas identified for engagement included water technology, agriculture,
pharmaceuticals and life science. This trade meeting between both the
countries was held in Hyderabad on 19 March 2012.
India To Face Sanctions By America
Along
with India and other countries importing oil from Iran, could face
sanctions by July, If it did not significantly reduce such imports, the
US State Department warned in a conference call, that if such countries
may have other kinds of sanctionable activities. The remarks raised
brows, as sanctions against countries such as India , China and South
Korea appeared more imminent and push for upping the ante against Iran
through its 2012 National Defense Authorisation Act (NDAA).
India Offers LNG Gas To Pakistan
After
fuel, India is going to offer LNG natural gas to Pakistan to help the
neighbouring country tide over its gas crisis. State owned GAIL’s just
commissioned natural gas pipeline from West coast to Bhatinda in Punjab
is barely 25km away from Pakistan border and the gas utility is
proposing that the line can be extended to Lahore in no time .
Iran To Import Major Farm Commodities From India
Iran
is going to import four major farm commodities wheat,rice, sugar and
tea from India. an export body,the President of the Federation of Indian
Export Organisation (FIEO) said, that Iran had signed import contracts
with India. and for also 1.25lakh tonnes of Soyameal, used as animal
feedstock. The shipment would be delivered in two months. Besides
agricultural commodities Mr. Ahmad said that the west Asian nation is
also interested in purchasing of Pharmaceuticals and auto components
from India .
India, S.Korea to Have Defence Ties
There
had been bilateral ties between the India and South Korea to boost up
their economic ties in conference held in Seoul. Both the nations had
decided to step up cooperation in the defence sector, which would
include naval ship, aircraft’s and ship building
Indian American In US State Legislature
An
prominent Indian American politician and Deputy Speaker of New Jersey
State Assembly, Upendra Chivukula is all set to run for the house of
Representative in the elections in November. Mr. Upendra holds the proud
distinction of being the first Indian American elected to the New
Jersey Legislature and only the fourth Indian -American to be elected to
a state legislature.
Indian Exploration In Vietnam Oil Blocks Normal
Asserting
that China’s opposition to India undertaking oil exploration in
Vietnam blocks was not in accordance with UN norms. Vietnam said the
blocks are well within its sovereign territory.maintaining the vietnam
will only explore in areas accepted by international community and that
the oil blocks that India has been exploring is within the territory.
0 comments:
Post a Comment