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Brazil has approved entry into OPEC+, aligning with major oil-exporting nations. This move highlights Brazil's rising status as a key oil player but has drawn criticism due to its timing ahead of COP30, the UN climate summit. Oil revenues are considered vital for funding Brazil's green transition.

๐Ÿ”น What is OPEC+?
OPEC+ = 12 OPEC nations + 10 Non-OPEC countries working together to regulate oil production and prices.

๐ŸŒ Non-OPEC Members in OPEC+:
๐Ÿ”ธ Azerbaijan ๐Ÿ‡ฆ๐Ÿ‡ฟ ๐Ÿ”ธ Bahrain ๐Ÿ‡ง๐Ÿ‡ญ ๐Ÿ”ธ Brunei ๐Ÿ‡ง๐Ÿ‡ณ ๐Ÿ”ธ Kazakhstan ๐Ÿ‡ฐ๐Ÿ‡ฟ ๐Ÿ”ธ Russia ๐Ÿ‡ท๐Ÿ‡บ
๐Ÿ”ธ Mexico ๐Ÿ‡ฒ๐Ÿ‡ฝ ๐Ÿ”ธ Malaysia ๐Ÿ‡ฒ๐Ÿ‡พ ๐Ÿ”ธ South Sudan ๐Ÿ‡ธ๐Ÿ‡ธ ๐Ÿ”ธ Sudan ๐Ÿ‡ธ๐Ÿ‡ฉ ๐Ÿ”ธ Oman ๐Ÿ‡ด๐Ÿ‡ฒ

๐Ÿ”น What is OPEC?
โœ”๏ธA permanent intergovernmental organization of oil-exporting nations.
โœ”๏ธ Founded in 1960 by ๐Ÿ‡ฎ๐Ÿ‡ท Iran, ๐Ÿ‡ฎ๐Ÿ‡ถ Iraq, ๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait, ๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia, ๐Ÿ‡ป๐Ÿ‡ช Venezuela.
โœ”๏ธ Currently has 12 member nations, including ๐Ÿ‡ฉ๐Ÿ‡ฟ Algeria, ๐Ÿ‡จ๐Ÿ‡ฌ Congo, ๐Ÿ‡ฌ๐Ÿ‡ถ Equatorial Guinea, ๐Ÿ‡ฌ๐Ÿ‡ฆ Gabon, ๐Ÿ‡ฑ๐Ÿ‡พ Libya, ๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria, ๐Ÿ‡ฆ๐Ÿ‡ช UAE.

โšก๏ธ OPEC+ plays a crucial role in global oil supply and pricing!


#IR

https://timesofindia.indiatimes.com/world/rest-of-world/brazil-to-join-opec-group-of-major-oil-exporting-nations/articleshow/118365422.cms#:~:text=Brazil%20has%20approved%20entry%20into%20OPEC%2B%2C%20aligning%20with,are%20considered%20vital%20for%20funding%20Brazil%27s%20green%20transition.
Agents of UPSC CAPF & CDS
PM Narendra Modi gifts MahaKumbh holy water, Makhana, and Banarasi saree in Sadeli box to Mauritius President Gokhool and First Lady
๐Ÿ‡ฒ๐Ÿ‡บ๐Ÿ‡ฎ๐Ÿ‡ณWHY MAURITIUS IS CALLED MINI INDIA

๐Ÿ’กIn case you didn't know, India shares a close historic and commercial bond with this island nation:

โ–ช๏ธ Friendship dates back to 1730;

โ–ช๏ธ Shared colonial oppression under British rule;

โ–ช๏ธ Booming trade:
India's exports to Mauritius โ‰ˆ $462.69mln,
Mauritius exports to India โ‰ˆ $91.50mln;

โ–ช๏ธ Mauritius accounts for >70% of India's FDI inflows;

โ–ช๏ธ India is investing in Mauritius' Agalega Island, developing infrastructure, and operates surveillance aircraft to enhance Indiaโ€™s Maritime Domain Awareness in the Indian Ocean.

โ–ช๏ธ Mauritius acts as a conduit for India's expansion in Africa.

โ–ช๏ธ About 68% of Mauritiusโ€™ population is of Indian origin, primarily from Bihar, Uttar Pradesh, Tamil Nadu, and other regions.

โ–ช๏ธ Hinduism is the largest religion, and Indian festivals like Diwali, Holi, and Eid are national holidays.

#IR
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๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿค๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand Joins Indo-Pacific Oceans Initiative (IPOI)!

PM Modi welcomed New Zealand's decision to join the Indo-Pacific Oceans Initiative (IPOI)โ€”an initiative launched by India in 2019 at the East Asia Summit to promote a free, open, and rules-based Indo-Pacific.


๐Ÿ“Œ About IPOI:

โœ”๏ธBuilds on the SAGAR initiative (2015).
โœ”๏ธFocuses on security, stability & development in the maritime domain.
โœ”๏ธVoluntary & flexible collaboration across 7 key pillars, led by different nations.

๐Ÿ“Œ Key Pillars & Lead Nations:

โœ”๏ธ Maritime Security โ€“ India & UK
โœ”๏ธ Maritime Ecology โ€“ Australia & Thailand
โœ”๏ธMaritime Resources โ€“ France & Indonesia
โœ”๏ธCapacity Building โ€“ Germany

New Zealandโ€™s participation strengthens regional cooperation! ๐ŸŒโœจ

#IR

https://www.pmindia.gov.in/en/news_updates/india-new-zealand-joint-statement/
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Agents of UPSC CAPF & CDS
Donald Trumpโ€™s Tariff Strike! โšก๏ธIndia hit with 26% โ€˜discounted reciprocal tariffs.โ€™
"India ๐Ÿ‡ฎ๐Ÿ‡ณ is very, very TOUGH. PM Modi is a great friend of mine ๐Ÿค. India charges us 52%," says Trump.


For context ๐Ÿ‘‡

โœ… India imposes high tariffs (up to 52%) on some US goods.

โœ… The USA charges India a 26% tariff.

โœ… India has lower or no tariffs on certain Russian imports due to trade agreements.


Friendship levels in trade:

๐Ÿค Russia โ€“ Lower/Zero Tariffs on Some Goods

๐Ÿค Great Friend USA โ€“ 26% Tariff on India

๐Ÿค Super Tough India โ€“ Up to 52% Tariff on US Goods

#IR
๐Ÿคฃ12โœ5โค1
India holds fire as Trump slaps tariffs

#economy #trade #protectionism
#IR #USA
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Tariff rates imposed by USA

#economy #trade #protectionism
#IR #USA
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India-Japan Defence Ties Strengthen

India is seeking stronger defence cooperation with Japan to boost strategic self-reliance. The partnership aims to enhance India's response to security threats and expand its weapons procurement options. Defence Minister Rajnath Singh met his Japanese counterpart to discuss key areas of collaboration.


#IR
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๐ŸšจBalochistan freedom activist Mir Yar Baloch has requested Government of India ๐Ÿ‡ฎ๐Ÿ‡ณ to allow the opening Office and Embassy in India. Also has requested to United Nation to recognise Balochistan as a Independent country

#IR
โœ9๐Ÿ‘5๐Ÿ”ฅ1
A day after SJaishankar spoke to acting Afghan foreign minister in the first political contact between India and the Taliban, India is learned to have approved as a "special gesture" entry of 160 Afghan trucks through the Attari border with Pakistan.

Source:- TOI

#IR
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India has partially restricted imports from Bangladesh after it showed support for Pakistan amid rising Indo-Pak tensions.

๐ŸŸขPartially Banned Imports from Bangladesh:
>Ready-made garments (allowed only via Nhava Sheva & Kolkata seaports)
>Fruits & flavoured drinks
>Processed food items
>Cotton
>Plastic goods
>Wooden furniture

๐ŸŸขNot Banned:
>Fish
>LPG
>Edible oils
>Goods bound for Nepal/Bhutan
Activate to view larger image,

#IR
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