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Why in the news? RBI and Maldives Monetary Authority signed an MoU to promote using Indian Rupee and Maldivian Rufiyaa for cross-border transactions, enhancing trade and deepening economic ties. MoU Between RBI and Maldives Monetary Authority: The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU). The …
Read MoreWhy in the news? President Droupadi Murmu, during her historic visit to Malawi, emphasised enhancing cooperation between India and Malawi in various fields. This visit marked the first-ever by an Indian President, highlighting strong economic and diplomatic ties. About India-Malawi Relations: President Droupadi Murmu highlighted the cordial and friendly relations between India and Malawi. India …
Read MoreWhy in the news? Uganda and India are enhancing their bilateral relations, focusing on cooperation in development, education, health, and technology, following high-level visits and agreements. Historical Context Uganda, known as the “Pearl of Africa,” has historical ties with India dating back to the late 19th and early 20th centuries. Indian labourers and traders migrated …
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