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DAILY NEWS ANALYSIS

  • 05 March, 2021

  • 3 Min Read

SAARC Summit

SAARC Summit

  • It is the regional intergovernmental organization and geopolitical union of nations in South Asia.
  • Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka are its members.
  • Its secretariat is based in Kathmandu, Nepal.
  • It launched the South Asian Free Trade Area (SAFTA) in 2006.
  • States with observer status include Australia, China, European Union, Iran, Japan, Mauritius, Myanmar, South Korea and United States.
  • Pakistan was to host the Summit in 2016, but India had pulled out accusing Pakistan of supporting anti-India terrorist groups.

COVID-19 & SAARC :

  • India has proposed to create a COVID-19 Emergency Fund which could be based on a voluntary contribution from all SAARC members.
  • Further, $10 million has been extended by India as a contribution to the fund.

Recently Held SAARC Summits

  • The last SAARC Summit in 2014 was held in Kathmandu (Nepal), which was attended by India
  • 19th SAARC Summit 2019 – cancelled.
  • 20th SAARC Summit's host to be decided.

Source: TH


World bank logistic performance index 2023

India is now ranked 38th out of 139 nations in the Logistic Performance Index (LPI) 2023 of the World Bank. From its previous rankings of 44th in 2018 and 54th in 2014, this is a notable improvement. Earlier, the Logistics Ease Across Different States (LEADS) Report 2022 was published by the Ministry of Commerce and Industry. About Logi

Smuggling of Gold

Airports discovered more than 63% of this illegal gold. The Department of Revenue Intelligence recently conducted the Golden Dawn Operation across India, seizing 101.7 kg of illegal gold valued at Rs 51 crore. Despite the fact that India receives a legal import of about 800-1,000 tonnes of gold each year, the illicit market is thought to be

India-Thailand Relations

Both parties expressed satisfaction with the ongoing bilateral defence cooperation at the 8th India-Thailand Defence Dialogue, which was held in Bangkok, Thailand. Cultural ties and mutual cooperation that have been shaped by thousands of years of lasting historical and cultural ties characterise India and Thailand relations. Highlight

Translocation of Elephants

The Kerala government's appeal of the order of the Kerala High Court is rejected by the Supreme Court. The Kerala government's appeal against the Kerala High Court's directive to move Arikomban (Wild Elephant), the "rice tusker" of Munnar, to the Parambikulam tiger reserve was recently dismissed by the Supreme Court.

Global Buddhist Summit

Global Buddhist Summit In order to improve diplomatic and cultural ties with other nations, the Ministry of Culture recently organised the First Global Buddhist Summit 2023 in collaboration with the International Buddhist Confederation (IBC). About the summit "Responses to Contemporary Challenges: Philosophy to Praxis" is

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