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Historic: 1st QUAD summit held; Important takeaways

Historic: 1st QUAD summit held; Important takeaways

International, Latest News
The leaders of the QUAD group of nations, which a regional alliance of four countries — met together in a virtual summit on Friday. This is seen as part of efforts to counter China's growing military and economic power. And finally leaders of the four QUAD nations — India, Japan, USA and Australia, gathered for the first time, giving straight signal to China's imprudent behaviour with its neighbours. Indian Prime Minister Narendra Modi, Japan's Yoshihide Suga, Australia's Scott Morrison and POTUS Joe Biden joined on Friday in the maiden online summit of Quadrilateral Security Dialogue. The meeting is seen as part of efforts to counter the growing military and economic power of China. It was also the first interaction between US President Joe Biden and PM Narendra Modi at a publi...
China, Japan, 13 others sign RCEP — world’s biggest trade deal without India

China, Japan, 13 others sign RCEP — world’s biggest trade deal without India

Latest News, Business, International
15 Asia-Pacific countries including China, Japan, and Australia will finalize the world's biggest trade deal, after India backs out, this weekend. RCEP - the world's biggest free trade agreement signed without India (Courtesy: Quartz) New Delhi: A common consensus has been reached on RCEP — Regional Comprehensive Economic Partnership by 15 Asia-Pacific nations led by China. They have agreed to sign the world’s largest free trade agreement without the involvement of India. The trade agreement is expected to be signed this weekend, after New Delhi's concerns haven't got addressed. Experts believe that RCEP will be much larger than African Continental Free Trade Area (AfCFTA) in both size and value. A series of trade discussions have been going on among 16 nations including India si...