VidBodh · Current affairs

The monthly magazine, August 2026 · Global Affairs and International Relations › Global regimes and issues › Sanctions, technology controls and trade conflict

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Global Affairs and International Relations › Global regimes and issues

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Sanctions, technology controls and trade conflict

Sanctions, technology controls and the trade conflicts that touch India.

All 2 articles shown; the 1 that changed from 1 to 31 August 2026 are marked.Show only these

Pax Silica declaration

Prelims

Pax Silica is a US led declaration on trusted and resilient supply chains for artificial intelligence technologies.

What changed

26 Jun 2026Briefnewly addedAt the second Pax Silica summit in Washington, India and 34 other countries signed the declaration. India first signed it with the US on 20 February 2026, at the AI Impact Summit in New Delhi. News On AIR, 26 Jun 2026: India joins the second Pax Silica declaration (opens in a new tab)

Chabahar port and the lapsed American waiver

Prelims and Mains

Chabahar is a port in southeastern Iran where India runs a terminal, India's route to Afghanistan and Central Asia that avoids Pakistan.

What changed

25 Aug 2026Briefnewly addedOn 25 August 2026 the United States threatened penalties on countries doing business with Iran, but did not impose them yet. The United States waiver that let India wind down its operations at Chabahar lapsed on 26 April 2026, and India made no allocation for the port in the 2026-27 Budget after paying out its funding commitment. The Ministry of External Affairs has said only that the matter is under discussion with Iran, the United States and other stakeholders. Mains: Chabahar shows how sanctions on a third country can strand an Indian connectivity project. DD India, 25 Aug 2026: US threatens countries doing business with Iran but holds off on penalties for now (opens in a new tab) · The Hindu, 27 Apr 2026: Govt. says Chabahar issue being discussed with Iran, U.S. (opens in a new tab) · The Hindu, 17 Jul 2026: India says no damage to its Chabahar terminal (opens in a new tab)

Also filed elsewhere

India and Japan · on Japan, Australia and South Korea
India and Japan have a Special Strategic and Global Partnership, run through an annual summit that alternates between the capitals and a 2+2 dialogue of foreign and defence ministers.
India, Russia and Ukraine · on Russia and Ukraine
Since February 2022 India has not condemned Russia by name, has abstained on most United Nations votes on the war, and has said that this is not an era of war and the conflict must end through dialogue.