Question
Which of the following initiative aims to strengthen
economic partnership among participating countries to enhance economic growth and competitiveness in the Indo-Pacific region?Solution
Indo-Pacific Economic Framework (IPEF) is a US-led initiative that aims to strengthen economic partnership among participating countries to enhance resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region. The IPEF was launched with a dozen initial partners who together represent 40% of the world GDP. PM Modi recently formalised India’s entry into the Indo-Pacific Economic Framework (IPEF), along with 12 other countries, including the US, to strengthen economic cooperation as a geostrategic counter to China’s growing clout in the region. The other countries that joined the IPEF ahead of the QUAD leaders’ summit in Tokyo are Australia, Brunei Darussalam, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam.
What was the reported COâ‚‚ concentration in 2024, as per the UN and WMO?
How many rescued children during Operation Muskaan-XI were reunited with their families?
What was the main purpose of the 'Pedal for Planet' cyclothon held at Rashtrapati Nilayam?
Recently Tata Steel unveils 7 mn pound green investment plan for which of the following European country?
Mawsynram, the place that receives the highest rainfall in the world, is situated in which hills?
Which banks have been retained as Domestic Systemically Important Banks (D-SIBs) by the RBI?
The Reserve Bank of India (RBI) has imposed a monetary penalty of ____ on Canara Bank for violation of various norms.
E-commerce major Flipkart Group has committed to achieving a net-zero carbon emissions target in its own operations by ___.
What is the endurance of the newly commissioned Indian Coast Guard ship Adamya at economical speed?
What is the name of the new NATO land command to be set up in Finland?
