Current Affairs - February 2022
India has inked CEPA with UAE. Aims to increase the bilateral trade between the two countries from the current USD 60 billion to how much in the next 5 years?
The CEPA, is a free trade agreement between the two countries to increase the bilateral trade from the current USD 60 billion to USD 100 billion in the next 5 years.
Israel has successfully tested a new naval air defence system called 'C-Dome'. It is a naval version of Israel's Iron Dome, which is an air defence system that can intercept and destroy short-range rockets and missiles.
India is the second-largest steel-producing nation, as it manufactured 100.3 MT steel in 2020 and China produced 1 064.7 MT of steel in the same year. China recorded a 3 per cent decline to 1 032.8 MT in 2021.
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