The Finance Ministry's Department of Economic Affairs spearheaded initiatives to enhance India's global integration and ease of doing business in 2024. The Union Cabinet approved a new Framework on Currency Swap Arrangements for SAARC Countries, which introduced an INR Swap Window worth Rs 25,000 crore to promote the internationalisation of the Indian Rupee. This move aims to strengthen ties with SAARC nations and provide financial stability in the region. Additionally, India signed and enforced bilateral investment treaties with the UAE and Uzbekistan, and established a Joint Task Force on Investment with Qatar, further solidifying its international partnerships.
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