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International Current Affairs June 3rd Week 2016
Category : International Current Affairs
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1) India, EFTA agree to address issues to resume FTA talks.

  • India and the EFTA, a bloc of four European countries including Switzerland agreed to resolve the outstanding issues for resumption of long-stalled negotiations for a proposed free trade agreement.
  • A meeting between the chief negotiators of India and European Free Trade Association (EFTA) was held to take stock of the ongoing negotiations for Trade and Economic Partnership Agreement (TEPA).
  • The last round of negotiations was held in November 2013 and thereafter the negotiations have remained suspended.
  • The four EFTA members are - Switzerland, Iceland, Norway and Liechtenstein.
2) Israel Elected As Chair Of Permanent UN Committee For The First Time.
  • The United Nations General Assembly elected Israel to chair its Legal Committee, also known as the Sixth Committee.
  • First time Israel, a country that has been routinely denounced by the U.N. for its settlement expansion activities in the West Bank, has been chosen to head one of its six permanent committees.
  • The Sixth Committee overseas U.N. activities related to International laws.
About UN:
Headquarters: New York, United States
Secretary General: Ban Ki-Moon
 
About Israel:
Capital: Jerusalem
President: Reuven Rivlin
Prime minister: Benjamin Netanyahu
Currencies: Israeli new shekel
 
3) India, Ghana sign three agreements.
  • India and Ghana signed three bilateral agreements to strengthen co-operation in varied fields.
  • Ghana is the first country visited by the President during the six-day African tour.
  • The three agreements signed with Ghana included one for visa waivers for holders of diplomatic and official passports and one for setting up a Joint Commission.
  • The commission will periodically review various aspects of the multi-dimensional relationship between the two countries. A mutually convenient date for its first meeting will be decided later.
  • The third agreement was for collaboration in diplomatic training between the Indian Foreign Service Institute and a Ghanaian institute of the same standing.
  • India is the largest foreign investor in Ghana with more than 700 projects. More than 222 of these projects are in the manufacturing sector.
About Ghana:
Capital: Accra
President: John Dramani Mahama
Currency: Ghanaian cedi
4) US Senate rejects Bill on special status for India.
  • US Senate rejecting a key amendment recognising the country as “global strategic and defence partner”.
  • The Senate has failed to recognise India as a ``global strategic and defence partner`` of the U.S. after a key amendment necessary to modify its export control regulations could not be passed
  • Top Republican senator John McCain had moved an amendment to the National Defence Authorisation Act (NDAA-17).
  • The amendment would have helped India to acquire advanced military technology, participate in combined military planning.
  • The US had recognised India as a ``major defence partner`` in a joint statement issued during Prime Minister Narendra Modi’s visit
 
5) France becomes first major nation to ratify UN climate deal.
  • France President François Hollande finalised ratification of the Paris climate accord reached in December 2015, making France the first industrialised country to do so.
  • In a ceremony at the Elysee Palace, the French president signed a law to join the historic UN climate pact.
  • At the December COP21 gathering in Paris, 195 governments reached the historic agreement setting a target of limiting global warming to “well below” 2C compared with pre-industrial levels.
 
6) India, Thailand to firm up maritime security cooperation.
  • Thailand Prime Minister General Prayuth Chan-ocha’s is on three day maiden visit to India, upon which both the sides are set to firm up cooperation to combat terrorism, and boost maritime security, defence ties and trade.
  • The announcement was made after Prime Minister Narendra Modi held extensive talks with his visiting Thai counterpart.
  • Both the nations will also look for joint projects in solar energy, space applications and space technology sectors.
  • The two countries will expressing cooperation in the increase in maritime security, double trade in five years, push the India-Myanmar-Thai road project, cooperate in civil aviation, fight cyber crime and promote people-to-people cooperation.
 
7) US Senate approves $800 million fund for Pakistan.
  • The US Senate has passed its draft of the National Defence Authorisation Bill, including a provision to set up a new fund to reimburse Pakistan for its efforts in the war against terrorism.
  • The Senate version authorises $800 million under a provision called the `Pakistan Security Enhancement Authorisation’.
 
8) China bans exports to N. Korea with possible military use.
  • China banned exports to North Korea of technology and materials that might be used in weapons production in a new response to the North`s development of nuclear weapons and missiles.
  • The list of banned ``dual use`` items with possible civilian and military use includes metal alloys, cutting and laser-welding equipment and materials that could be used in production of chemical weapons.
 
9) France creates a meteor-tracking camera network.
  • France has developed a camera-based meteor detection network, called the Fireball Recovery and InterPlanetary Observation Network (FRIPON).
  • The network is able to track meteors using a nation-wide camera system which currently employs 68 cameras.
  • The data from the network will help detect meteor trajectory, their source of origin and their likely impact locations.

 

10) Bangladesh, India launch transshipment operations.
  • India and Bangladesh launched transshipment operations at the Ashuganj port to boost trade and facilitate seamless movement of goods in the landlocked region, with a cargo vessel unloading the maiden consignment to be transported to Tripura through Bangladeshi territory.
  • Bangladesh’s Shipping Minister Shahjahan Khan inaugurated the operation at Ashuganj port in central Bangladesh.
  • This is part of an India-Bangladesh deal signed earlier to use each other`s territory for transiting goods to a third country.
  • A ship from Kolkata carrying 1000 tonnes of steel and iron sheets reached Ashuganj river port in Bangladesh.
  • The facility will enable India to transport goods to the North-eastern states and further to Myanmar through Bangladesh, reportedly reducing costs by nearly 50%.
 
11) First Chinese Disneyland opens in Shanghai.
  • China opened its first Disneyland in Shanghai to the public with a grand ceremony.
  • The theme park is expected to attract 15-50 million visitors every year.
  • Disney CEO Bob Iger present at the event announced that the Disneyland was a product of $5.5 billion investment and a two-decade courtship of the Communist Party’s top leaders.
 
12) Ganges-Danube Cultural Festival of India being organized in Hungary from 17th to 19th June.
  • ``Ganges-Danube Cultural Festival of India`` in Hungary will be inaugurated by Dr. Mahesh Sharma, Minister of State for Culture & Tourism (I/C) and Civil Aviation on 17 June at Vigado Theatre in Budapest, Hungary.
  • Dr. Mahesh Sharma will also inaugurate International day of Yoga followed by Yoga workshop on 18th June.
  • The Festival will showcase Indian culturen dance, music, yoga, film and exhibitions. Indian martial art experts and puppet artists are also performing.