International Emergency Economic Powers Act (IEEPA) On 20th February 2026, the U.S. Supreme Court struck down the U.S. President’s use of emergency powers to impose sweeping tariffs under the International Emergency Economic Powers Act (IEEPA). The ruling clarified limits on presidential authority to regulate imports through emergency declarations. Aspect Details Supreme Court Ruling The Court struck down the use of emergency powers for impo
Israel Withdraws from UN Human Rights Council On 6th February 2025, Israel announced its withdrawal from the United Nations Human Rights Council (UNHRC), citing institutional bias against Israel. Israel accused the UNHRC of persistent bias since its inception in 2006, following repeated allegations of human rights violations in Gaza. Aspect Details Withdrawal Date Israel announced its withdrawal from the UNHRC on 6th February 2025. Rea
Jakarta Becomes the World’s Most Populated City On 27th November 2025, the UN World Urbanisation Prospects 2025 report declared Jakarta the world’s most populated city with an estimated 42 million residents, overtaking Tokyo. The rankings reflect a revised UN methodology applying consistent global criteria for defining urban areas. Aspect Details UN Report The findings were published in the World Urbanisation Prospects 2025 report.
India-UK Social Security Agreement On 10th February 2026, India and the United Kingdom signed a Social Security Agreement in New Delhi to avoid dual social security contributions for employees on temporary overseas assignments. The agreement seeks to facilitate labour mobility while reducing financial burden on employers and employees working abroad temporarily. Key Features of the Agreement Aspect Details Main Objective Prevents employees an
India-US Interim Trade Agreement Framework On 7th February 2026, India and the United States announced a framework for an Interim Trade Agreement to advance negotiations on a broader Bilateral Trade Agreement (BTA). The framework aims to improve market access, strengthen supply chains, and deepen economic cooperation between the two countries. Key Agreements Area Details Tariff Reductions India will reduce or eliminate tariffs on U.S. industr
India-UK Comprehensive Economic and Trade Agreement On 24th July 2025, India and the United Kingdom signed the historic Comprehensive Economic and Trade Agreement (CETA), marking a new phase in bilateral economic cooperation. The agreement combines trade liberalisation, professional mobility, services access, and social security relief within a broad strategic economic framework. India-UK CETA: Key Highlights Area Details Goods Trade Provides
Australia-Canada-India Technology and Innovation (ACITI) Partnership On 22nd November 2025, the Prime Minister of India announced the launch of the Australia-Canada-India Technology and Innovation (ACITI) Partnership. The announcement came after meetings with the Australian and Canadian counterparts on the sidelines of the G20 Leaders’ Summit in Johannesburg. Key Areas of Cooperation under ACITI Cooperation Area Focus Critical & Emergin
India and Brazil to Expand Trade Pact under Mercosur Bloc On 16th October 2025, India and Brazil agreed to expand the scope of their existing Preferential Trade Agreement (PTA) under the Mercosur bloc. The move aims to strengthen economic cooperation and expand trade relations between India and Latin American markets. WHAT IS MERCOSUR? Aspect Details Full Form Mercosur stands for Southern Common Market. Member Countries Brazil
India-New Zealand Free Trade Agreement On 22nd December 2025, India and New Zealand concluded negotiations for a landmark Free Trade Agreement (FTA). The agreement became one of India’s fastest-concluded FTAs since negotiations began in March 2025. Key Highlights of the Agreement Area Details Market Access Provides zero-duty access on 100% of Indian exports to New Zealand from Entry into Force. Investment Commitment New
India-EU Free Trade Agreement On 27th January 2026, at the 16th India-EU Summit, India and the European Union concluded negotiations on the long-pending India-EU Free Trade Agreement (FTA). The agreement was finalised nearly two decades after negotiations first began, reflecting a major shift in India-EU economic relations. India-EU Trade Profile at a Glance Area Details Bilateral Trade India-EU merchandise trade stood at $137 billion in 2024
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