Tag Archives: Economic Cooperation

Context: The Bilateral Investment Treaty (BIT) 2024 between India and the UAE has replaced the earlier Bilateral Investment Promotion and Protection Agreement (BIPPA), aimed at fostering stronger economic cooperation between the two nations. The UAE, accounting for 3% of India’s total FDI, has invested around $19 billion in India between …

Context: Recently, India’s External Affairs Minister met with the Sri Lankan President to discuss collaboration across various sectors, highlighting the ongoing partnership between the two nations. Recent Developments in India-Sri Lanka Relations: Maritime Rescue Coordination Centre (MRCC): India and Sri Lanka jointly launched the MRCC with a $6 million grant …