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International Current Affairs
International Current Affairs July 4th Week 2018
Author : Admin
Category : International Current Affairs
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International Current Affairs July 4th Week 2018

 1. PM Modi 3 Nation Visit: Signed 4 Agreements With Uganda.

Prime Minister Narendra Modi on Monday left for Rwanda on the first leg of his five-day, three-nation tour of Africa that will also take him to Uganda and South Africa.

"Embarking on a momentous journey to strengthen our historical bond with Africa," External Affairs Ministry spokesperson Raveesh Kumar tweeted.

This will be the first ever prime ministerial visit from India to Rwanda.

From Rwanda, Modi will reach Uganda on July 24 in what will be the first bilateral visit by an Indian Prime Minister to that country in 21 years.

From Uganda, the Prime Minister will reach South Africa on July 25 where he will attend this year`s Brazil, Russia, India, China, South Africa (BRICS) Summit.

"India shares close, warm and friendly relations with Africa which are cemented by robust development partnership and a large presence of the Indian diaspora," the Prime Minister`s Office said in a pre-departure statement.

"A number of agreements and MoUs in the areas of defence, trade, culture, agriculture and dairy cooperation are scheduled to be signed during the visit," it stated.

This is Modi`s second official visit to mainland Africa after he visited Mozambique, South Africa, Tanzania and Kenya in 2016.

 

2. 10th BRICS Summit 2018 Begins In Johannesburg.

The 10th BRICS Summit is all set to begin at Johannesburg on 25th July. The Summit will be attended by Prime Minister Narendra Modi, along with other heads of the BRICS Nations, viz Brazil, Russia, China and South Africa.

The summit is being held at a time when the global trade exhibits a war-like scenario. As estimated by the International Monetary Fund, the unilateral trade actions taken by the United States President Donald Trump could cost the world $430 billion by 2020.

BRICS summit this year is expected to witness a lot of actions. It is expected that China will protest the protectionist measures of Donald Trump, as it has suffered the most due to Trump’s actions. India. India will protest against the protectionism, without naming the US.

India shall also raise the issue of setting up a BRICS rating agency, for which it had presented a feasibility study in BRICS Summit 2016. India had argued that the S&P, Fitch and Moody’s methodology is not free from bias.

Prime Minister Narendra Modi has called for cumulative co-operation from the BRICS nation in connection with issues like cross-border terrorism, joint action on money laundering, terrorist financing, cyberspace, and deradicalization.

Other issues like Cooperation in the areas of counterterrorism, UN reforms, cybersecurity, energy security and global and regional issues might also be discussed at the BRICS Summit.

 


 

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