Which sectors were identified as key areas for further India-Brunei cooperation at the meeting?
- A.Textiles, leather and gems
- B.Pharmaceuticals, healthcare and energy
- C.Defence, space and shipping
- D.Fisheries, mining and railways
Correct answer
Explanation
The correct answer is pharmaceuticals, healthcare and energy. On the first two the two sides examined regulatory collaboration, procurement and healthcare services, recognising the scope for much greater engagement between them. On energy, the discussion covered both traditional and emerging partnerships intended to support sustained industrial growth. Options A, C and D are wrong because those sectors were not the ones singled out at this meeting. The talks also covered easing exports of agricultural and animal products from India to Brunei Darussalam, with a view to supporting food security and diversifying the trade basket, as well as cooperation in tourism and participation in trade fairs and exhibitions. Both sides noted that targeted trade promotion events and reciprocal business delegations could help identify investment opportunities in manufacturing, infrastructure and services, and agreed that nodal agencies and working groups would track follow-up action.
Read the full article: India-Brunei Hold Third Joint Trade Committee Meeting
Practice Questions
Which edition of the India-Brunei Darussalam Joint Trade Committee met to review bilateral trade?
- A.First
- B.Second
- C.Third
- D.Fifth
Show answer
The Joint Trade Committee is the standing bilateral mechanism through which India and Brunei Darussalam review trade and economic cooperation, and this round was convened to take stock of commercial ties and identify ways of strengthening them.
Read the full explanation →Where will the next meeting of the India-Brunei Darussalam Joint Trade Committee be held?
- A.New Delhi
- B.Brunei Darussalam
- C.Singapore
- D.Jakarta
Show answer
At the close of the third meeting both sides agreed that the next round of the Joint Trade Committee would be convened there, and that the nodal agencies and working groups concerned would remain in regular communication in the meantime to monitor follow-up action and advance the trade and investment…
Read the full explanation →Which scheme adopted under SIOFA will India take part in to strengthen coastal security?
- A.Deep Ocean Surveillance Programme
- B.High Seas Boarding and Inspection Scheme
- C.Marine Stock Certification Scheme
- D.Blue Flag Vessel Scheme
Show answer
It has been adopted under the agreement and is to be put in place, and active involvement in it is expected to advance India’s strategic regional priorities while strengthening national coastal security.
Read the full explanation →India’s accession has been approved to which fisheries agreement?
- A.Southern Indian Ocean Fisheries Agreement
- B.Indian Ocean Tuna Commission
- C.Western and Central Pacific Fisheries Convention
- D.Bay of Bengal Fisheries Compact
Show answer
The Central Government has approved India moving from the position of a cooperating non-contracting party, which it has held since 2022, to that of a full contracting party, which brings voting rights in the bodies that run the agreement.
Read the full explanation →Which country has the largest share of high seas fishing?
- A.Japan
- B.Spain
- C.China
- D.South Korea
Show answer
The high seas themselves account for roughly 65 per cent of the global ocean and five countries or regions dominate fishing in that space.
Read the full explanation →