Chabahar port and deeper energy ties on agenda as Modi renews Iran link
Answered 7 yr ago
bhavishya kumarFollowing lifting of sanctions against Iran in January, India has been eyeing deeper energy ties and has already lined up $20 billion as investment in oil and gas as well as petrochemical and fertiliser projects there. So the centrepiece of prime minister Narendra Modi’s two-day visit will ...Read more
What is the importance of developing Chabahar port by India? 1., India’s trade with African countries will enormously increase. 2., India’s relations with oil-producing Arab countries will be strengthened. 3., India will not depend on Pakistan for Access to Afghanistan and Central Asia. 4., Pakistan will facilitate and protect the installation of a gas pipeline between Iraq and India.
Answered 7 yr agoAnswer (c)India signed a deal to develop the Chabahar port with Iran. Aparts from the bilateral agreement between India and Iran, a trilateral transit and trade corridor deal was also signed by India, Iran and Afg...Read more
Consider the following statements: 1., India has ratified the Trade Facilitation Agreement (TFA) of WTO. 2., TFA is a part of WTO’s Bali Ministerial Package of 2013. 3., TFA came into force in January 2016. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2 and 3
Answered 7 yr agoAnswer (a)Bureaucratic's delays and “red tape” pose of a burden for moving goods across borders for traders. Trade facilitation—the simplification, modernization and harmonization of export and import processes—has therefore emerged as an import...Read more