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Economy - Current Affairs and GK

Q1:

India recently strengthened its economic relations with which country through the approval of the Joint Economic and Trade Committee (JETCO) protocol?

A Haiti

B Dominica Republic

C Jamaica

D Trinidad and Tobago

ANS:B - Dominica Republic

The Cabinet approved the protocol for JETCO, strengthening economic relations between India and the Dominica Republic. A Memorandum of Understanding (MoU) was signed between the Department of Commerce, the Ministry of Commerce and Industry of India, and the Ministry of Foreign Affairs of the Dominican Republic. Currently, there is no bilateral institutional mechanism between India and the Dominican Republic on trade and commerce.