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ASEAN-India Foreign Ministers Meet

In News The Special ASEAN-India Foreign Ministers’ Meeting (SAIFMM) is hosted by India.  The meeting was held from June 16-17 in New Delhi. More about the event: The SAIFMM is the first ASEAN-India Foreign Ministers’ Meeting (FMM) hosted by India in New Delhi. It marked two major anniversaries: The 30th anniversary of India’s dialogue relations […]

Financial Action Task Force (FATF)

In News Ahead of the plenary session of the Financial Action Task Force (FATF), Pakistan is hoping for some respite in the form of its removal from the FATF’s ‘grey list’. About Financial Action Task Force (FATF) The FATF is an international watchdog for financial crimes such as money laundering and terror financing.  Established: It […]

Wayfinding Application

In News Recently, the Cabinet approved an agreement between India and the UN on a WayFinding Application to be used in Palais des Nations. Wayfinding Application Finance: The estimated financial implication for development deployment and maintenance of the App is USD 2 Million. Aim: It aims to facilitate navigation in the Palais des Nations premises […]

Proposed Reforms to WTO

In News Recently, India expressed concern that some suggestions on reforming the WTO will hurt developing nations. About World Trade Organisation It is an international institution that oversees the global trade rules among nations. It was established in 1995. It superseded the 1947 General Agreement on Tariffs and Trade (GATT). The GATT traces its origins […]

OPEC Plus

In News  Recently, as energy prices rise amid crippling sanctions against Russia, OPEC and its partners are under pressure to stabilise the market.  Background OPEC Plus was created in 2016 when OPEC countries decided to ally with other oil-producing countries outside the group to cut down the global output of oil. Declaration of Cooperation (DoC): […]

New Method on Food Subsidies: WTO

In News Recently, the G33, African Group and the ACP (African, Caribbean and Pacific) group submitted a joint proposal to the WTO suggesting a permanent solution for public stockholding. Background Peace Clause: As an interim measure to tackle the differences between nations on food subsidy, WTO members at the Bali ministerial meeting in 2013 put […]

SCO’s RATS Meeting

In Context A three-day meeting is held under the framework of the Shanghai Cooperation Organization’s (SCO) Regional Anti-Terrorist Structure (RATS). Major Agenda of the Meeting Discussions on the situation in Afghanistan, especially in dealing with the threat from terrorist groups active in the Taliban-ruled country. India has expressed desire to strengthen its security cooperation with […]

World Governance Indicators

In News  Recently, the Government  flagged a low score in the World Bank’s Governance Index. About  The Worldwide Governance Indicators (WGI) project reports aggregate and individual governance indicators for over 200 countries and territories over the period 1996–2020, for six dimensions of governance: Voice and Accountability Political Stability and Absence of Violence/Terrorism Government Effectiveness Regulatory […]

BRICS Foreign Ministers’ Meet

 In News China hosted the virtual BRICS Foreign Ministers meet recently with the Indian External Affairs Minister taking part along with his counterparts from the five-member bloc.  About The meeting was held in the run-up to the annual Summit which will be held later this year by China who holds the presidency of grouping this […]

Finland, Sweden submit NATO Membership Application

In News Finland and Sweden have recently applied for membership in North Atlantic Treaty Organization (NATO). If admitted, Sweden and Finland will become 31st and 32nd members of NATO.  Background Finland: Post-World War-II, Finland sought to achieve neutrality through a defence alliance with the Soviet Union called the Treaty of Friendship, Co-operation and Mutual Assistance  […]