India-Jordan Current Affairs

India, Jordan ink 12 agreements

India and Jordan have 12 agreements covering areas as diverse as defence, mass media, health, culture and tourism. These agreements were signed after the highlevel talks between Prime Minister Narendra Modi and Jordanian King Abdullah II bin Al-Hussein in New Delhi. Jordanian King was on three days visit to India. It was his only second to India, that too after more than a decade.

Signed Agreements are

  • MoU on Defence Cooperation
  • Cultural Exchange Programme (CEP)
  • Customs Mutual Assistance Agreement
  • MoU between PrasarBharati and Jordan TV
  • Twining Agreement between Agra and Petra (Jordan)
  • Visa waiver for diplomatic and official passport holders
  • MoU for long term supply of Rock Phosphate and Fertilizer/NPK
  • MoU for setting up of the next generation Centre of Excellence (COE) in Jordan
  • MoU for cooperation in the field of Health and Medicine between India and Jordan
  • MoU between University of Jordan (UJ) and ICCR regarding setting up of a Hindi Chair at the University
  • Cooperation between Indian Institute of Mass Communication (IIMC) and Jordan Media Institute (JMI)

India-Jordan Relations

Both countries had established diplomatic relations in 1950 after India became independent in 1947. Recent years have witnessed decisive impetus to the bilateral partnership. Both countries are facing common threat of terrorism and extremism. Over the last few years, political, security and economic developments in West Asia are helping the two countries re-discover each other.

India is Jordan’s fourth largest trading partner. Bilateral trade between both countries has totalled US $2.2 billion in 2014-15. India exported $1.4 billion worth of goods to Jordan, and imported $857 million. Since 2012-13, the balance of trade has been in India’s favour.

Month: Categories: India Current Affairs 2018

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Cabinet approves agreement between India and Jordan on Customs Matters

The Union Cabinet has approved signing and ratifying Agreement between India and Jordan on Cooperation and Mutual Administrative Assistance in Customs Matters. It will help in availability of relevant information for prevention and investigation of Customs offences. It is also expected to facilitate trade and ensure efficient clearance of goods traded between countries.

Key Facts

The Agreement will provide legal framework for sharing of information and intelligence between Customs authorities of two countries and help in proper application of Customs laws, prevention and investigation of Customs offences and facilitation of legitimate trade.

Background

The draft text of Agreement was finalized with concurrence of Customs Administrations of both countries. It takes care of Indian Customs’ concerns and requirements, particularly in area of exchange of information on correctness of Customs value, tariff classification and origin of goods traded between two countries.

Month: Categories: India Current Affairs 2018

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