INDIA & WORLD
India and Sweden Signed Six Agreements
India and Sweden on 1 June signed six agreements, including in the field of polar research and for boosting trade. Both sides also signed a MoU for cooperation in the field of micro, small and medium enterprises. The agreements were signed in the presence of President Pranab Mukherjee and Swedan Prime Minister Stefan Lofven at Rosenbad in Stockholm, Sweden.
India – US signed Defence Framework Agreement
India and the US on 3 June signed a new strategically important 10-year defence framework agreement envisaging joint development and manufacture of defence equipment and technology including jet engines, aircraft carrier design and construction. The framework was signed by the Manohar Parrikar, India’s Defence Minister and Ashton Carter, US Secretary of Defence.
India – Bangladesh Ratify Historic Land Boundary Agreement
India and Bangladesh on 6 June signed ratification pact to operationalise the historic Land Boundary Agreement (LBA).It was signed by Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina.According to the agreement 111 enclaves with a total area of 17,160.63 acres from India will be transferred to Bangladesh, while 51 enclaves of area 7,110.02 acres will be transferred to India.
India – Netherlands Signed Agreements
India and the Netherlands on 5 June signed a number of agreements, including to collaborate in building dredgers in India as part of the ‘Make in India’ initiative and manufacture vaccines against measles and rubella in India.The agreements were signed in the presence of Prime Minister Narendra Modi and Prime Minister of Netherland Mark Rutte in New Delhi after the two leaders held discussions on various issues related to the region and the world.
India – Thailand Signed Double Taxation Avoidance Treaty
India and Thailand on 29 June signed the Double Taxation Avoidance Treaty (DTAT) and exchanged instruments of ratification on the extradition treaty signed in 2013. The tax treaty provides for the framework of avoiding double taxation and prevention of fiscal evasion with respect to taxes so as to promote bilateral economic cooperation.