World and International News – 03 July 2022

India EU Trade and Investment Agreements

INTERNATIONAL NEWS

1. India and the European Union concluded the first round of negotiations for India-EU Trade and Investment Agreements in New Delhi. The week-long negotiations were held in a hybrid fashion.

2. India’s bilateral trade with European Union amounted to over 116 billion dollars in 2021-22.

52 technical sessions covering 18 policy areas of the free trade agreement and seven sessions on Investment Protection and Geographical Indicators were held. The second round of negotiations is scheduled to take place in September next year in Brussels.

3. The fuel crisis in Sri Lanka has had a spillover effect on the revenue potential of the Cochin International Airport, with the airport beginning a technical landing facility for refueling flights operating on the nearby international air route.

🌎WORLD NEWS🌍

1. Ukraine’s nuclear power operator Energoatom on Friday informed that it had restored connection to the surveillance systems in the Zaporizhzhia nuclear plant which is occupied by Russian forces. The agency added that all the mandatory monitoring data has been shared with UN’s atomic watchdog, IAEA.

2. Philippines’ President, Ferdinand Marcos Jr, has vetoed a bill sponsored by his lawmaker sister that proposed the creation of a new special economic zone.

3. Germany and Nigeria have agreed for the return of artefacts, called Benin Bronzes, which were looted from Africa in the 19th Century.

4. Typhoon destroys ship off Hong Kong coast; over 2 dozen missing.

5. The United Nations and European Union on Saturday condemned Libyan protesters who vandalised the Parliament Building in Tobruk on Friday,

6. 6.3 magnitude earthquake hits southern Iran; 5 killed, 44 injured Five on Saturday.

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Ch Narmada Naveen Kumar 1 Ch Narmada Naveen Kumar
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