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International Affairs

Written for the exam, not for the news cycle. Every item carries what it means for NABARD Grade A, RBI Grade B and SEBI Grade A.

Page 14
Russia and Ukraine Agree to Cease Black Sea Context: In a significant diplomatic development, Russia and Ukraine have agreed to suspend military strikes in the Black Sea and refrain from targeting energy 26 Mar 2025 India and Singapore Sign Letter of Intent for Green and Digital Shipping Corridor Context: India and Singapore have signed a Letter of Intent (LoI) to jointly develop a Green and Digital Shipping Corridor (GDSC) during the ongoing Singapore M 26 Mar 2025 India-China 33rd WMCC Meeting Context of the Meeting The 33rd meeting of the Working Mechanism for Consultation and Coordination (WMCC) on India-China Border Affairs was held in Beijing. Dis 26 Mar 2025

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Trump Proposes 25% Tariff on Countries Purchasing Venezuelan Oil Context: Former U.S. President Donald Trump announced a plan to impose a 25% tariff on any country purchasing oil and gas from Venezuela. The tariff would apply 25 Mar 2025 Brazil’s COP30 Context: Brazil, the host of COP30, is prioritizing the implementation of the Paris Agreement to achieve the collective goal of slowing global warming. Andre Co 24 Mar 2025 US Industry Groups Urge Tariff Reduction Context: Prominent U.S. industry associations, including the US Chamber of Commerce (USCC), Coalition of Services Industries (CSI), and companies like Harley-Da 24 Mar 2025 India Imposes Anti-Dumping Duty on Five Chinese Goods Context: The Indian government has imposed anti-dumping duties to protect domestic industries from cheap imports from China. These goods were found to be export 24 Mar 2025 Glaciers Losing Ice Context: Glaciers worldwide have lost 9,000 gigatonnes of ice since 1975, equivalent to an ice block the size of Germany with a thickness of 25 metres. 2024 alo 22 Mar 2025
India–New Zealand Relations Key Geopolitical Shifts Shift from rules-based order to power-driven geopolitics Growing emphasis on security over economics Transition from trade efficiency to 22 Mar 2025 Global Outstanding Bonds Cross $100 Trillion: OECD Context: Outstanding government and corporate bonds worldwide exceeded $100 trillion in 2024, according to the OECD's annual global debt report. Interest costs 21 Mar 2025
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