In celebration of the 50th anniversary of United Nations Commission on International Trade Law (UNCITRAL), UN organised the two day conference Global Standards for Rulebased Commerce" at Vigyan Bhavan in New Delhi from November 28
A revised Double Taxation Avoidance Agreement (DTAA) and the Prevention of Fiscal Evasion (DTAA) with respect to taxes on income, along with its protocol, was signed between India and Cyprus on November 18, 2016 in Nicosia (Cyprus).
Iran has exceeded Saudi Arabia to become India's top crude oil supplier. Till 2010-11 Saudi Arabia, was the largest supplier of crude oil in India while Iran was the India's second biggest supplier of crude oil. Crude oil exports by Iran to India increased in 2016, by selling 759,700 barrels of oil per day to India in October. This was 56 per cent more than 2015.
India and Republic of Croatia have signed an agreement to boost bilateral trade and enhance economic cooperation on February 14, 2017 in Zagreb, Croatia. The aim of the agreement is to promote and develop bilateral trade and economic relations.