List Of Important International Agreements Pdf- April 2016 - SBI PO - IBPS Bank Exams

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Here are some of the important agreements in the month of April 2016 . Check Out List Of Important International Agreements Pdf- April 2016 - SBI PO - IBPS Bank Exams
List Of Important International Agreements Pdf- April 2016


INDIA RATIFIED TRADE FACILITATION AGREEMENT OF WTO

India has ratified the new Trade Facilitation Agreement (TFA). India’s WTO ambassador Anjali Prasad handed over her country’s instrument of acceptance to Director-General Roberto Azev√™do on 22 April.
The TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. It further contains provisions for technical assistance and capacity building in this area.
The TFA will enter into force once two-thirds of the WTO membership has formally accepted the Agreement. India is the 76th WTO member to accept the TFA. [Source]

PAKISTAN AND CHINA TO LAUNCH SATELLITE TO MONITOR CPEC PROJECTS

Pakistan and China have signed an agreement for the launch of a special satellite to monitor the development of the $46 billion China-Pakistan Economic Corridor (CPEC) projects.
Minister for planning, development and reform, Ahsan Iqbal on behalf of Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) and China Great Wall Industry Cooperation (CGWIC) President Yin Limping signed the agreement in Islamabad.
The CPEC is a $46 billion project launched with the help of China to connect western China to southern Pakistan’s port city of Gwadar, giving Beijing an opening to the Arabian Sea.

ADB, USAID JOINED HANDS TO SUPPORT INDIA’S CLEAN ENERGY EXPANSION PLAN

The U.S. Agency for International Development (USAID) and the Asian Development Bank (ADB) today signed a Memorandum of Understanding to facilitate $848 million (Rs. 5,681 crore) in funding to develop solar parks across India.The agreement was signed by Jonathan Addleton, Mission Director, USAID/India and M. Teresa Kho, Country Director, India Resident Mission, Asian Development Bank.

USAID will align the technical resources of two of its programs to support ADB’s investments in the development of solar parks and renewable energy transmission infrastructure in states at the forefront of India’s efforts to promote clean energy. The collaboration will initially focus on the state of Rajasthan.The cooperation will design and develop public-private partnership models as well as study options for managing grid reliability.

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