INTERNATIONAL
China Approves New Nuclear Reactors In Industry Revival
China is reviving growth of its nuclear power industry with approval of its first new project since Japan’s 2011 Fukushima disaster. The Cabinet’s planning agency on 11 March approved construction of two additional reactors at a power plant in the northeastern province of Liaoning.China is the world’s biggest energy consumer and nuclear power plays a key role in government plans to curb surging demand for imported oil and gas.
North Korea and Russia Declared 2015 as Friendship Year
North Korea and Russia will mark 2015 as a year of friendship and step up bilateral exchanges in political, economic and cultural sectors.”The Democratic People’s Republic of Korea and the Russian Federation decided to make 2015, in which falls the 70th anniversaries of Korea’s liberation and the victory in the great Patriotic War in Russia, as a year of friendship between the two countries.
Japan and France Signed Defence Agreement
Japan and France on 13 March signed a agrrment on military equipment and technology transfers , in a move to drive cooperation and joint development of defence gear, as Prime Minister Shinzo Abe strengthens security ties with major powers.
Muhammadu Buhari Elected As Nigerian President
Former military ruler Muhammadu Buhari was elected as the president of Nigeria on 31 March, making him the first opposition candidate to win a presidential vote in the country’s history. This Presidential Election was held on 28 March 2015 all across Nigeria, which is the most populous country in Africa and is also the largest economy of the continent. Gen. Buhari’s All Progressives Congress (APC) defeated President Jonathan’s People’s Democratic Party (PDP) by over 2 million votes.
INDIA & WORLD
India and Spain Signed Agreement On Defence Ties
India and Spain on 5 March signed an agreement on ‘Mutual Protection of Classified Information’ to provide the framework for an enhanced cooperation in the defence sector. The agreement was signed after the meeting between Spanish Defence Minister Pedro Moremes and his Indian counterpart Manohar Parrikar in New Delhi.
Saudi Arabia Becomes Top Arms Importer
According to the IHS company study report released on 8 March, Saudi Arabia overtook India to become the world’s biggest weapons importer in 2014, a year when global defence trade rose for the sixth straight year to a record $64.4 billion. The top five importers in 2014 were Saudi Arabia, India, China, UAE and Taiwan.
India and Seychelles Signed Four Agreements
India on 11 March signed four agreements with the Indian Ocean island nation to boost security and maritime partnership. They were signed in the fields of renewable energy, hydro graphic survey, electronics navigation and infrastructure development at the island of Seychelles.These agreements and MoU’s were signed by Secretary (West) Navtej Sarna from Indian side in the presence of Prime Minister Narendra Modi and President of Seychelles James Alix Michel.
India and Sri Lanka Signed Four Agreements
India and Sri Lanka on 13 March signed four agreements to cement cooperation between the two neighbours, including a customs pact to balance trade, a credit line of more than $300 million, a currency swap agreement and visa on arrival for Sri Lankan nationals in India. The agreements were signed in the presence of Prime Minister Narendra Modi and Srilankan President Maithripala Sirisena in Colombo.
New UK scholarship Announced For Indian Finance Professionals
United Kingdom (UK) Chancellor George Osborne has on 13 March launched the first-of-kind scholarships for Indian finance professionals who want to study in Britain. The Chevening Financial Services Leadership programme was launched by Osborne in London.
Read more: Current Affairs March 2015 Study Material | FreeJobAlert.com http://currentaffairs.freejobalert.com/march-2015-current-affairs-study-material/9657/#ixzz5SJGgYUHJ
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