09.02.23

TheSupreme Court banned all construction activities in thecore areasoftiger reserves,national parksand wildlife sanctuaries after it was brought to its notice by a court-appointed panel that illegal constructions for establishment of a tiger safari was being done within in the buffer area of theCorbett Tiger ReserveinUttarakhand.

The MoEF&CC to review norms issued under Forest (Conservation) Act, 1980 and Wildlife (Protection) Act, 1972 relating to setting up of zoos and safaris within and wildlife sanctuaries and amend the same so as to discourage use of wildlife habitat for wildlife tourism activities which are non-site specific.

India and the European Union (EU) announced the formation of three working groups under the Trade and Technology Council that was set up to deepen strategic ties with the trade bloc. India and EU had in April last year agreed to establish a TradeandTechnologyCouncil, to tackle the challenges at the nexus of trade, trustedtechnologyand security. Such a council is the first for India with any of its partners and second for the EU, following the first one it has set up with the United States (US).

The working Groups will now start preparing for the first meeting of the council, which will take place before the next EU-IndiaSummit in spring of 2023. Ministerial meetings of the council will take place at least once a year, with the venue alternating between the EU andIndia.

The United Arab Emirates is in early discussions with India to trade non-oil commodities in Indian rupees, Minister for Dr Thani Al Zeyoudi said in World Economic Forum, Davos. The minister said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies. He added that the UAE is hoping to conclude a trade agreement with Cambodia in the first quarter.

The move would build on an agreement signed in 2022, which aimed to increase trade excluding oil between the two countries to $100 billion by 2027. Trading in Indias currency would also signal a stark move away from the US dollar, which dominates global commodities markets as well as trade for countries along the Persian Gulf.