Afghanistan begins export to India through Chabahar port

Afghanistan on February 24, 2019 began exports to India through the Chabahar port in Iran. This is the first time Afghanistan has exported goods to India bypassing the Pakistan route.
The first consignment of exports to India was flagged off by Afghan President Ashraf Ghani. While inaugurating the new route, the President said that the Chabahar port is the result of healthy cooperation between India, Iran and Afghanistan and it will ensure economic growth.

US President signs executive order to prioritise research in Artificial Intelligence

US President Donald Trump on February 11, 2019 signed an executive order directing federal agencies to prioritise research and development in Artificial Intelligence (AI).

The order follows huge investment pledges from China and other countries intended to advance and apply AI technology in fields ranging from warfighting to health care.

Hungary to give life tax exemption to women with 4 children

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Hungary’s Prime Minister Viktor Orban on February 10, 2019 announced new measures, under which increasing financial aid and subsidies will be provided to families that have more than three children.

The measures were announced by the Prime Minister during his “state of the nation” speech. They are meant to encourage women to have more children and to reverse Hungary’s population decline.

US-India CEO Forum to be held on February 14; American members of Forum announced

Image result for US-India CEO Forum to be held on February 14; American members of Forum announcedUS Commerce Secretary Wilbur Ross on February 7, 2019 announced the names of the American private sector members of the US-India CEO Forum. MasterCard CEO Ajay Banga and Qualcomm CEO Steve Mollenkopf are among the members of the US-India CEO Forum.

The first meeting of the US-India CEO Forum under the US President Donald Trump Administration will be held in New Delhi on February 14, 2019.

Egypt’s President Abdel Fattah al-Sisi elected as new chair of African Union

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Egypt’s President Abdel Fattah el-Sisi on February 10, 2019 took over as the chair of the African Union (AU) following a meeting by heads of state from the continent in Ethiopia’s capital city, Addis Ababa.

The post of AU’s chair rotates annually between the five regions of the continent. The Incoming AU chairman President Abdel Fattah al-Sisi is expected to focus on the fight against armed groups on the continent and rebuilding efforts of countries recovering from conflict.