Cabinet approves trade Agreement between India and Ethiopia

Cabinet approves trade Agreement between India and Ethiopia

Question: On which date the Union Cabinet has given its ex-post facto approval for the trade Agreement between India and Ethiopia?
(a) October 30th
(b) October 5th
(c) November 1st
(d) October 6th
Answer: (c)
Related Facts:

  • On November 1st, 2017, the Union Cabinet chaired by the Prime Minister Narendra Modi has given its ex-post facto approval for the trade Agreement between India and Ethiopia.
  • This agreement is for strengthening and promoting trade and economic co-operation.
  • It is noteworthy that trade Agreement was signed on 5th October, 2017 during the State visit of the President of India to Ethiopia from 4th to 6th October, 2017.
  • The trade Agreement will replace the existing trade Agreement signed in 1982.
  • The trade Agreement will provide for all necessary measures to encourage trade, economic cooperation, investment and technical co-operation.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=173132