General Awareness

INTERNATIONAL AFFAIRS - June 2018

Jun 2018

Sep 18, 2018

IMF Warns U.K.

Britain's economy would suffer "substantial costs" should it leave the European Union in March with no divorce agreement, the International Monetary Fund warned.

As per IMF Brussels and London have failed to resolve "fundamental" aspects of Brexit and this could leave London defaulting to World Trade Organization (WTO) tariffs.

Nepal, China Begin Sagarmatha Friendship-2

Days after pulling out of the BIMSTEC joint military exercise in India at the last minute, the Nepal Army began its second wargame with the Chinese military at Chengdu.

The "Sagarmatha Friendship-2" military exercise in China's Sichuan province will last 10 days. Both sides have fielded a platoon for the drill that will focus on counter-terrorism and disaster management.

Pakistan-born Refugees to Get Citizenship

Pakistan's new Prime Minister Imran Khan has announced that his government will give citizenship to all Afghan and Bangladeshi refugees who are born in Pakistan.

Pakistan is home to more than 1.39 million Afghan refugees, and there are more than 200,000 Bangladeshis in Pakistan.

Bangladesh to Provide India Access to Key Ports

Bangladesh's Cabinet approved the draft of a proposed agreement with India to allow it to use the Chittagong and Mongla sea ports for transporting goods to and from the north-eastern States. The agreement will be effective for five years.

Sep 17, 2018

Second Referendum on Brexit

London mayor Sadiq Khan has called for another referendum on Britain's European Union membership, adding his backing to an idea known as a "People's Vote".

Britain is due to leave the European Union on March 29. But with Prime Minister Theresa May's Brexit plans still not accepted, some lawmakers, as well as union and business leaders are increasingly arguing for people to have a final say on any deal struck with Brussels.

Sep 16, 2018

Maduro Warned of Military Intervention

The head of the Organization of American States (OAS) said that military intervention to overthrow Nicolás Maduro's Venezuelan government must not be ruled out for the country mired in economic and humanitarian crisis.

Venezuela is mired in a deep economic crisis that has triggered the departure of 1.6 million Venezuelans since 2015, according to the United Nations. Colombia has received more than one million of the migrants.

Countries Engaging in Economic Activities with Iran

The United States has warned of having a fundamentally different set of rules to deal with the countries continuing to have economic activities with Iran after its sanction against Tehran becomes fully operational on November 4.

Bhutan PM's Party Ousted

In a major upset verdict in the first round of polls in Bhutan, incumbent Prime Minister Tshering Tobgay's People's Democratic Party (PDP) has been ousted from the race, and will not run in the second and final round next month. Instead, the Druk Nyamrup Tshogpa (DNT) headed by Dr. Lotay Tshering, and the Druk Phuensum Tshogpa (DPT) will face off on October 18th.

China-Myanmar Bond

China's Belt and Road Initiative (BRI) got a high-octane boost last week, when Myanmar, facing the heat from the West because of the Rohingya refugee crisis, inked an agreement with Beijing to establish a cross-border economic corridor.

The 1,700 km corridor will provide China yet another node to access the Indian Ocean. Already, Gwadar Port has become Beijing's star gateway to the Arabian Sea.

Sep 15, 2018

South Korea's First Missile-capable Submarine

South Korea launched its first ever missile-capable attack submarine, despite a recent diplomatic thaw with the nuclear-armed North.

The $700 million, 3,000-tonne Dosan Ahn Chang-ho submarine is capable of firing both cruise and ballistic missiles and the first of three planned diesel-electric boats to go into service in the next five years.

Sep 14, 2018

Pakistan, Egypt Naval Forces Conduct Joint Drills

Egyptian and Pakistani naval forces conducted drills in the Mediterranean Sea.

The drills are meant to exchange expertise in order to promote maritime security and stability in the region.

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