Current Affairs - International

After a 16-year negotiation saga, Switzerland successfully concluded a historic free-trade agreement with India, as announced by Swiss Economy Minister Guy Parmelin. The agreement is expected to create job opportunities in India, marking a significant milestone in bilateral ties.

India signed a Memorandum of Understanding (MoU) with Cuba to collaborate on digital public infrastructure, emphasizing the sharing of successful digital initiatives, capacity-building, and best practices for mutual digital transformation benefits.

The 19th NAM Summit was held in Kampala, Uganda, bringing together over 120 developing nations to discuss and emphasize 'Deepening Cooperation for Shared Global Affluence.' India, as a founding member, actively participated, supporting Uganda's theme and reaffirming its commitment to NAM's principles.

V Muraleedharan is representing India at the G-77 Third South Summit in Kampala, Uganda, where leaders from 134 Member States are convening to enhance cooperation. The summit's theme, "Leaving No One Behind," aligns with India's vision of Vasudhaiva Kutumbakam - the World is one Family.

The approved memoranda with the Netherlands, Dominican Republic, and Ecuador focus on cooperation in the field of medical products regulation, as outlined in the Memorandum of Intent (MoI) or Letter of Intent (LOI) signed with the Netherlands and the Memorandum of Understanding (MoU) signed with the Dominican Republic and Ecuador.