Bilateral Current Affairs
April 3rd Week 2015 Current Affairs
Category : Bilateral Current Affairs
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1) AP delegation signs MoUs in China

A delegation, led by Andhra Pradesh Chief Minister N Chandrababu Naidu, on 14th April signed agreements in China during his visit to that country. The state industries department signed a pact with China’s Camel Group, a company engaged in research and development, manufacture and distribution and recycling of storage batteries.
The government has also signed memorandums of understanding (MoUs) with China Association of Small and Medium Enterprises, China Council for Promotion of International Trade, New Hope Liuhe Company Limited, a farm industry player among other things. Besides, business to business pacts were signed with Chinese companies by apparel maker Brandix, construction company Transtroy among others.
  • Five MoUs were signed between the Government of Andhra Pradesh and Chinese companies. The MoUs signed between the GoAP and their Chinese counter parts are mainly related to bringing direct investment to give a fillip to the solar and alternative energy sectors in the State. 
  • One of the MoUs singed relates to facilitating direct investments in the fields of Thermo-Mechanical Treatment (TMT), Insurance, health care and tourism. 
  • Another five MoUs signed between the private companies in Andhra Pradesh and China, under Business-to-Business (B2B) are related to manufacturing of toys in Kakinada Special Economic Zone (KSEZ), where the GMR and Hangzhou Juatong Inc would set up a unit to create an initial employment to about 1500 people with an export projection of $100 million of toys. 
  • The same unit is expected to further expand after 18-months, with an export growth projection of $250 million per year, and to create employment to about 5000 people. 
  • Four more MoUs under this category were signed between Brandix India Apparel City and their Chinese counterparts to bring in investments in the field of home textiles. 
  • One more MoU has also been signed under this category in the solar energy sector. Apart from this, the Chief Minister had made a strong pitch before the Chinese investors explaining the opportunities to catch on in various sectors like communications, manufacturing, hardware, smart phones, research and development and the like. 
  • As part of this, a MoU has been signed with Camel Group Co Ltd., and also, another with industry body, China Council for the Promotion of International Trade (CCPIT). The CCPIT promotes China’s international trade.
2) Bangladesh approves revised trade deal with India
Bangladesh cabinet has approved the revised India-Bangladesh trade agreement under which the two neighbours would use each other`s territories for trade with a third country.
The modified deal will enable Bangladesh to use Indian territories for transiting goods to Nepal and Bhutan, while India would be able to send goods to Myanmar through Bangladesh.

3) India offers another USD 1 bn loan for development of Bangladesh

India has offered Bangladesh a fresh 1 billion dollar line of credit for the development of the country`s road communication and infrastructure.
A similar credit line agreement for development of infrastructure and transport sector was signed between New Delhi and Dhaka in 2010 under which 15 projects are being undertaken.
4) SAARC nations pledged to eradicate polio
SAARC health ministers have pledged to eradicate Polio from then region. The fifth meeting of SAARC health Ministers was held in New Delhi on 8th April which was chaired by Health Minister J. P. Nadda.
  • The ministers also expressed commitment to make region HIV AIDS free by the year 2030. Other issues like prevention of communicable and non-communicable diseases, and strengthening collaboration among the nations were also discussed during the meeting. 
  • SAARC countries comprising Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka account for nearly a quarter of the world population.

5) PM reaches Paris in first leg of his 3-nation visit

Prime Minister Narendra Modi arrived in the French capital, Paris. France is the first destination of Mr Modi’s three-nation tour. Later he will visit Germany and Canada. During the visit of the Prime Minister, economic cooperation in key strategic sectors is high on the agenda.
  • Modi will talk with business leaders of select French companies in defence and infrastructure sectors. He will address the UNESCO and will meet the French President and senior political leaders. 
  • Modi will visit some high-tech facilities including aviation major, Airbus and the French Space agency, CNES at the southern town of Toulouse. 
  • He will then go to Neuve Chappelle at the northern city of Lille to pay homage to thousands of Indian soldiers who laid down their lives during the First World War. 
6) Yemen Crisis: Evacuation of Indian through Air concludes
India has concluded its evacuation by air with the airlifting of over 630 persons from Sana’a on 9th April by three special Air India flights. The total number of Indians evacuated from Sana’a by air has crossed 2900 by eighteen special flights since the beginning of the air operations. In addition, Indian Naval vessels also evacuated over 1670 Indians from Aden, Al Hudaydah and Al Mukalla ports in Yemen since 31st of last month.
  • Indian Naval Ship INS Sumitra evacuated 349 persons, including 46 Indians and 303 foreign nationals from Al Hudaydah port yesterday. Over 5600 persons have been evacuated during the operation. These include over 4640 Indian nationals and about 960 foreign nationals from 41 countries.