Current Affairs · International Relations
Consider the following statements regarding India's trade and regional relationships: 1. Under the Nepal-India Treaty of Trade, duty-free access into the Indian market for primary and specified manufactured goods is provided on a non-reciprocal basis. 2. Free trade and commerce exists between India and Bhutan as governed by their bilateral Agreement on Trade, Commerce, and Transit. 3. The Government of India has initiated steps to facilitate bilateral trade in Indian Rupees (INR) with several neighboring nations including Nepal and Bhutan. 4. India is a key member of BIMSTEC, which aims to bridge South and South-East Asia. Which of the statements given above are correct?
- 12, 3, and 4 only
- 21, 2, and 4 only
- 31, 2, and 3 only
- 41, 2, 3, and 4✓
Correct answer
1, 2, 3, and 4
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