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Relevance: GS 2 – Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Why in the News? The partnership traces back centuries, linked through ancient trade routes and cultural exchanges. The UAE, located on the Arabian Peninsula, has historically served as a key trading partner and gateway to the Gulf region …
Read MoreWhy 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? India and the US signed an agreement to strengthen critical mineral supply chains amid concerns over China’s control and recent export restrictions affecting cleantech industries. Agreement Details: Context: Amid rising concerns over China’s control of critical minerals, particularly in clean tech, India and the US signed an agreement to enhance the …
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