Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
Context: The first-ever Foreign Ministers’ meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) recently began in Bangkok Relevance: GS-II: International Relations (Foreign Policies affecting India’s Interests, Important International groupings), Prelims Dimensions of the Article: About BIMSTEC History of Formation of the BIMSTEC Significance of BIMSTEC Strategic Significance for India […]
India-UAE Pact on Local Currency Settlement System (LCSS)
Context: India and the United Arab Emirates (UAE) have signed a pact to establish Local Currency Settlement System (LCSS) to promote the use of the Indian rupee (INR) and UAE Dirham (AED) for cross-border transactions. Relevance: GS II: International Relations Dimensions of the Article: Key Agreements during India-UAE Pact LCSS: UPI-IPP: IIT Delhi Campus in Abu Dhabi: Significance of Rupee-Based Cross Border Transactions […]
About the Black Sea Grain Deal
Context: The last ship carrying grain from Ukraine, under a UN-brokered deal that guarantees its safe passage, left the port of Odesa. This deal was set to expire on July 17, and Russia has still not agreed to extend it. Relevance: GS II: International Relations Dimensions of the Article: What is the Black Sea Grain […]
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Context: The UK has formally agreed to become the first European country to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Relevance: GS II: International Relations Dimensions of the Article: What is CPTPP? How much does Britain trade with CPTPP? Benefits of Rules of Origin under CPTPP for Exporters The Rules of Origin […]
About The Urban 20 Summit
Focus: GS II: International Relations Why in News? Recently, the two-day Urban 20 Mayoral Summit which was hosted by the chair city Ahmedabad, in Gandhinagar from 7-8 July, concluded with the handover of the Communiqué from the Mayors to G20 leaders. Urban 20 (U20) Summit: Key Points: Importance: Impact:
PCA Ruling on India-Pakistan Hydroelectric Projects
Context: The Hague-based Permanent Court of Arbitration (PCA) has ruled that it has jurisdiction to hear Pakistan’s objections to India’s Kishenganga and Ratle hydroelectric projects in Jammu and Kashmir. However, India rejects the establishment of the “Court of Arbitration,” arguing that it contravenes the provisions of the Indus Waters Treaty (IWT). Relevance: GS II: International […]
About A Global Peace Index
Context: The 2023 Global Peace Index (GPI) recently released its annual ranking of the most peaceful countries in the world. Relevance: GS II: International Relations Dimensions of the Article: About Global Peace Index: Measurement Domains: The GPI measures the state of peace across three domains: Highlights of Global Peace Index 2023: -Source: Hindustan Times
About The Asian Development Bank (ADB)
Focus: GS II- Inter Groupings Why in News? The Asian Development Bank (ADB) recently approved USD 200 million additional financing for the Rajasthan secondary towns development sector project. About Asian Development Bank (ADB):
Iran in the SCO
Context: Recently, Prime Minister welcomed Iran as the newest member of the Shanghai Cooperation Organisation (SCO) at the virtual summit of the grouping. Relevance: GS II: International Relations Dimensions of the Article: About Shanghai Cooperation Organisation Iran’s Membership in the SCO Background: Changing Geopolitical Landscape: China’s Interest in Iran’s SCO Membership: India’s Delicate Balancing Act […]
Shanghai Cooperation Organisation in 2023
Context: Chinese Foreign Ministry recently said that the Chinese President will attend the virtual summit of the Shanghai Cooperation Organisation (SCO) being hosted by India. Relevance: GS II- International relations Dimensions of the Article: What is the SCO? Member states Main goals Focus areas: Organizational structure of SCO The SCO secretariat has two permanent bodies […]