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| Daily Current Affairs 12th October 2018 For All Competitive Exams | Daily GK Update PDF |
Daily Current Affairs 12th October 2018 For All Competitive Exams | Daily GK Update PDF
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India-Azerbaijan sign protocol on trade and Economic Science and Technology Cooperation
India and Azerbaijan has signed protocol on trade and economic, science and technology cooperation. It was signed at 5th meeting of India-Azerbaijan Inter-Governmental Commission on Trade and Economic, Science and Technology Cooperation (IA-IGC) was held on 11-12 October, 2018 in New Delhi. ( October 12, 2018)
The meeting was co-chaired by Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu and Minister of Ecology and Natural Resources of the Government of Republic of Azerbaijan, Mukhtar Babayev.
The two sides exchanged views on current economic situation and reviewed the current status of bilateral trade, investment and their cooperation in the fields of trade, economy, science and technology. They emphasised to further strengthen and expand their cooperation in trade and investment, transportation, energy and hydro-carbons, SMEs, agriculture, food safety and environmental protection, tourism, culture, health and pharmaceuticals, space technology, education and scientific research, chemicals and petrochemicals and mining.
Highlights of 5th meeting of India-Azerbaijan Inter-Governmental Commission on Trade and Economic, Science and Technology Cooperation (IA-IGC)
Trade turnover between India and Azerbaijan in January-August 2018 was
USD 657.9 million. Both sides felt that bilateral trade was far below
the potential and there was a need to step up the cooperation to enlarge
the trade basket and increase bilateral trade and investment. Both
sides agreed to take measures to enhance trade relations and expand
business relations between the two countries.
It was decided to send trade delegations to raise awareness regarding
economic developments and reforms in the two countries and have regular
exchange of information about trade exhibitions, fairs, conferences and
other business events.......Read More
Raksha Mantri’s visit to France from October 11-12, 2018
Raksha Mantri Smt. Nirmala Sitharaman visited France from October 11-12, 2018 for the first India-France Ministerial level annual defence dialogue with her French counterpart, the Minister for the Armed Forces Ms. Florence Parly. (October 12, 2018)
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During the defence dialogue held on October 11, 2018 in Paris, the two Ministers comprehensively reviewed the entire gamut of the bilateral defence cooperation, which is a key pillar of the India-France Strategic Partnership. They also exchanged views on contemporary regional & international developments of mutual interest.
Both sides discussed ways to deepen defence related official as well as operational level interactions. It was agreed to expand the scope and complexity of the regular joint exercises (SHAKTI, VARUNA and GARUDA) in the future.
India-France partnership in the Indian Ocean Region is important for preserving and promoting the common strategic and security interests, both the Ministers noted the continuing implementation of the "Joint Strategic Vision of India-France Cooperation in the Indian Ocean Region”......Read More
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