World Current Affairs - 2020
India and China signed protocol on hygiene and inspection requirements for exports of fish meal, fish oil imports from India to China. It was signed as part of discussions between India’s Commerce Ministry and six-member Chinese delegation led by Vice Minister, General Administration of Customs of China, Hu Wei on easing market access for exports of various farm products held in New Delhi.
Highlights of meeting
Both Indian and Chinese sides appreciated each other’s concerns and agreed to resolve market access issues expeditiously to achieve the vision of the leaders of both the countries by promoting a more balanced trade. Chinese delegation also discussed issues regarding market access for Chinese products such as milk and milk products, agricultural goods like soy meal, fruits and vegetables, tobacco and pharmaceuticals.
Protocol on hygiene and inspection requirements
This protocol for export of fish meal and fish oil from India to Chin is significant as India has been seeking market access for these items from China. It will enable India to commence export of fish meal and fish oil to China. China imports fish oil to tune of USD 143.29 million per year and fish meal worth US $263.43 million. It had so far not allowed these exports from India. This is the second Indian product to get clearance from China in the last six months. Earlier, during meeting of two countries in Wuhan, China protocol for Indian rice export to China was signed paving way for export of Indian rice to China.
Tags: Adulteration • bilateral trade • China • East Asia • Exports
The People’s Liberation Army launched a Dongfeng 31-B from the Wuzhai Missile and Space Test Centre also known as the Taiyuan Satellite Launch Centre in Shanxi province. The intercontinental ballistic missile has a range of 10,000 kms and can reach US and most of European countries.The test was done to mark its National Day and reinforce its nuclear deterrant. The D 31-B is said to be an updated version of 31-A and signified the second launch of PLA ‘s Second Artillery Corps in the last 3 months.
The military experts in China believe that the test is done to prove and reiterate China’s military might to the world. It is also seen in the light of improving China’ nuclear threat which becomes even more imperative in the current environment where USA has garnered a huge coalition in Western Asia to combat extremist build-up.
The experts feel that they are not aiing to target US but feel a grave need to conduct such military tests as the current situations are not good for Beijing. Other media reports also suggest that the USA’s Asia’s pivot had thereby plan to send 60% of its military to the region has created enough conditions for pressure build-up on Beijing to pull its nuclear strings. The Chinese media is also stating that China will soon roll-out Dongfeng 41 which will have a range of 12,000 kms and allow Beijing to be able to attack anywhere in US soils.
It is believed that the new warhead has a capability of carrying multiple warheads as against the single warhead capability of D 31-A.