Page-222 of International / World Current Affairs

Nepal elected to UN ECOSOC board

November 11, 2012

United Nations Economic and Social Council (ECOSOC) Nepal along with 17 other countries were elected board members of ECOSOC by the UN General Assembly for a three-year term starting in January 2013. ECOSOC is a 54 member body and is ..

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India, Britain to step up cooperation in cyber security

November 10, 2012

India and Britain decided to step up cooperation in cyber security during their Foreign Minister-level talks. SHARED CORE PRINCIPLES India and Britain went on to define the core principles under which this cooperation would take place. A joint statement issued ..

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India, South Korea talk about possibility of revising DTAC

November 8, 2012

At a high level meeting b/w India and South Korea, both the nations discussed the possibility of revising Double Taxation Avoidance Convention (DTAC). Discussions included expanding information sharing b/w the taxation authorities and cooperation in modernizing the customs system of ..

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US approves missile-defense system to UAE, Qatar

November 8, 2012

The US DSCA (Defense Security Cooperation Agency) has given approval to the possible sales of Lockheed Martin Corp missile-defense system to UAE and Qatar. The deal has come against the backdrop of heightened tensions with Iran. Qatar and the United ..

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Need to establish South Asian power trading market: CERC

November 6, 2012

India’s power sector regulator Central Electricity Regulatory Commission (CERC) has suggested establishing a South Asian power trading market to help alleviate acute electricity deficits faced by many nations in the region. It recommended that a SAARC sub regional power trading ..

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U.K. to slash aid to India

November 6, 2012

Britain is planning to slash its £280 million a year aid to India from 2015 following increasing domestic pressure on Prime Minister David Cameron to halt funding emerging economies such as India, China and Brazil at a time when Britain ..

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No resolution achieved during Antarctic Ocean sanctuary talks at CCAMLR

November 4, 2012

No resolution could be reached during the talks at the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR), at Hobart in Australia. The commission is made up of 24 countries and the European Union. What is CCAMLR? Commission ..

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China irked by India-Japan-US meet

November 2, 2012

Strategic Analyst and media outlets of China have expressed chariness at the India, Japan and the U.S. trilateral meet held in New Delhi describing it as aimed at wielding pressure on China over its regional aspirations. Why China is wary ..

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Sistema issue: India hopes agreeable solution

November 1, 2012

In reply to Russia’s comment to take the cancellation of 2G license of Sistema for international arbitration if it is not resolved in Indian courts, India has said that the matter is commercial and all parties are free to take ..

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India, U.K. amend convention on DTAA

November 1, 2012

India and the U.K. inked a protocol amending the 1993 bilateral convention on avoidance of double taxation and prevention of fiscal evasion related to taxes on income and capital gains. Main features of this protocol: Streamlining the partnership and taxation ..

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