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