March 2022: International Affairs

 March 2022: International Affairs

This article contains international affairs that took place in March 2022. This article will be daily updated for the students of govt. exams, banking exams, or any other one-day exams and will also be helpful for UPSC & State PSC aspirants. We will also provide pdfs for all the material for free. 

March 2022:  International Affairs

1. Reliance Jio Infocomm Limited to introduce next-generation multi-terabit India-Asia-Xpress undersea cable system in the Maldives.

  • This new subsea cable system will connect the Maldives, directly with world's major internet hubs in India & Singapore.
  • Undersea cable systems along with data centre supports 5G & the digital economy that builds large integrated capacities to enable India's digital ecosystem.
  • RJIL has also built another subsea cable system India-Europe-Xpress, that connects Mumbai & Milan.
2. JICA approves Rs. 1000 crore project to clean Mula, Mutha rivers of Pune
  • The Mula & Mutha rivers are the most polluted rivers in the city of Pune, which later meets Krishna river in Western Ghats and drains into Bay of Berngal.
  • Japan International Cooperation Agency (JICA) has approved the project worth Rs. 1000 crores to clean these rivers.
  • JICA -:
  • President - Shinichi Kitaoka
  • Founced - 1974
  • Head Quarter - Tokyo, Japan
3. U.S imposes USD 55 million upon National Bank of Pakistan
  • The Federal Reserve Board imposes penalties against the bank for violations in monetary schemes.
  • National Bank of Pakistan is a subsidiary of the State Bank of Pakistan which is the Central Bank of Pakistan.
  • This happens when Pakistan's Prime Minister Imran Khan was returning from a visit to Russia amid the Russia-Ukraine war crisis.
4. EU bans 7 Russian Banks from SWIFT
  • The European Union has banned 7 Russian banks from the Society for World-Wide Interbank Financial Telecommunication (SWIFT) global system that underpins cross-border payments.
  • However, two banks are exempted from its 1. Gazprombank 2. Sberbank
  • These two banks play a central role in managing the payment system.
5. World Bank announced $1 billion in aid to Afghanistan
  • The World Bank has announced $1 billion humanitarian aid for the people of Afghanistan.
  • The money will go to the UN agencies and international NGOs, by not giving it to the Taliban rulers in the country.
6. North Korea launched a new ballistic missile
  • North Korea recently launched a new ballistic missile with an altitude of about 390 miles and a range of 190 miles
7. Swiss Airlines to use fuel made from Sunlight
  • Swiss International Airlines will become the first airlines in the world to use fuel made from sunlight.
  • The Swiss International Airlines and its parent company Lufthansa Group have agreed to use the solar aviation fuel of Synhelion.
8. China raised defense budget by $230 billion
  • China raised its defense budget by 7.1% to $230 billion from last year's $209 billion.
  • According to China, most of the spending increases would go for the welfare of the troops.
9. Bangladesh signed agreements with ADB for two loans
  • Bangladesh has signed two separate agreements with Asian Development Bank for two loans worth $ 292 million.
10. Canada approves world's first plant-based Covid-19 Vaccine
  • Covifenz, the world's first plant-based covid-19 vaccine, got approval from the Canadian govt. for use.
  • The vaccine is jointly developed by Medicago Inc., Phillip Morris, & GlaxoSmithKline Plc.
11. Germany to host the virtual meeting of G7 Agriculture Ministers
  • The meeting will be held to explore the implications of the conflict between Russia & Ukraine on Global Food Security.
12. Iran successfully test fired 2nd military satellite 'Noor-2'
  • Iran's Islamic Revolutionary Guard Corps (IRGC) has successfully test fired 2nd military satellite 'Noor-2' into an orbit to an altitude of 500 Km above the Earth.
  • Noor means light in Persian language.
  • The first military satellite was launched in April 2020 into an orbit of 425 Km above the Earth.
13. 5th United Nations Environment Assembly hosted by UNEP
  • The 5th United Nations Environment Assembly has hosted by the United Nations Environment Programme in Nairobi, Kenya.
  • Aim was to " strengthen actions for nature to achieve the Sustainable Development Goals".

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