India`s Recent Agreements with Other Countries

India’s Recent Agreements with Other Countries: A Comprehensive Overview

In the last decade, India has made significant strides in strengthening its economic, geopolitical, and strategic ties with other countries around the world. The country has signed numerous agreements and treaties with many key players in the global economic and political arena. These agreements have not only helped India to expand its markets, but they have also boosted its strategic partnerships and diplomatic ties with other countries.

Here’s a comprehensive overview of India’s recent agreements with other countries:

1. India-US Defence Framework Agreement:

In June 2015, India and the United States signed a defence framework agreement that aims to deepen defence cooperation and strengthen strategic ties between the two countries. Under this agreement, both countries will cooperate in areas such as technology transfer, joint research and development, and defence production.

2. India-Japan Civil Nuclear Agreement:

In November 2016, India signed a civil nuclear agreement with Japan, which allows for the supply of nuclear fuel, technology, and equipment to India, subject to its commitment to non-proliferation and peaceful use of nuclear energy.

3. India-ASEAN Free Trade Agreement:

India signed a free trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN) in August 2009. The FTA aims to promote mutual trade and investment between India and the ASEAN countries, and it covers trade in goods, services, and investment.

4. India-Iran Chabahar Agreement:

In May 2016, India signed an agreement with Iran to develop the Chabahar port on Iran’s southeastern coast. This agreement will help India to bypass Pakistan and access markets in Afghanistan and Central Asia. It also provides a strategic foothold for India in the region.

5. India-Australia Comprehensive Economic Cooperation Agreement:

In April 2011, India and Australia signed a comprehensive economic cooperation agreement (CECA), which aims to promote bilateral trade and investment between the two countries. The CECA covers trade in goods, services, and investment.

6. India-Russia Military Cooperation Agreement:

In October 2018, India and Russia signed a military cooperation agreement, which includes the procurement of S-400 missile defence systems and joint military exercises. This agreement aims to strengthen the defence ties between the two countries.

7. India-Israel Agriculture Agreement:

In January 2018, India and Israel signed an agriculture agreement, which aims to promote agricultural cooperation between the two countries. Under this agreement, Israel will provide India with expertise in areas such as irrigation, water management, and agri-technology.

Conclusion:

India’s recent agreements with other countries have helped to strengthen the country’s economic, geopolitical, and strategic ties with other nations. These agreements have opened up new markets, provided new strategic opportunities, and enhanced India’s diplomatic standing in the world. As India continues to expand its global footprint, it is likely that more such agreements will follow in the years to come.