International

BBIN stands for Bangladesh, Bhutan, India and Nepal Motor Vehicle Act It is an Unprecedented step that aims at shared prosperity in South Asia. Meant to facilitate movement of commercial vehicles across the borders of B-B-I-N The main objective of the agreement is to provide seamless people-to-people contact and enhance economic interaction by facilitating cross … Read more

The One China policy is a key cornerstone of Sino-US relations. It is the diplomatic acknowledgement of China’s position that there is only one Chinese government. Under the policy, the US recognises and has formal ties with China rather than the island of Taiwan, which China sees as a breakaway province. China insists Taiwan is an … Read more

The Syrian civil war is an ongoing war between multiple parties taking place in Syria since the past eight years. The unrest started in the wake of the 2011 Arab Spring protests that had originated in Tunisia. People in Syria protested against the government of Syrian President Bashar al-Assad who suppressed all dissent with violent … Read more

At the 2015 BRICS summit in Russia, ministers from BRICS nations, initiated consultations for a payment system that would be an alternative to the SWIFT system. Russian Deputy Foreign Minister Sergey Ryabkov stated in an interview, “The finance ministers and executives of the BRICS central banks are negotiating … setting up payment systems and moving … Read more

Assumption Island, a single coral island, belongs to the Outer Islands District of Seychelles.With only a small village on the sheltered western side and a 1,210-m concrete airfield running from there to the southeastern coast, the island’s few inhabitants, mostly farmers and fishermen, have to go to Victoria (the capital) for government services. The island’s … Read more

The Asia Pacific Economic Cooperation (APEC) was established in 1989 as an informal Ministerial-level dialogue group with twelve members. Today APEC has 21 member economies spread out over four continents. APEC Member Economies work together to sustain economic growth through a commitment to open trade, investment and economic reform. This is accomplished by progressively reducing … Read more

The Arctic Council is the leading intergovernmental forum promoting cooperation, coordination and interaction among the Arctic States, Arctic indigenous communities and other Arctic inhabitants on common Arctic issues, in particular on issues of sustainable development and environmental protection in the Arctic. IMPLICATION OF OBSERVER STATUS TO INDIA: Observers do not have a role in decision … Read more

HCOC is a voluntary and legally non-binding regime to prevent the proliferation of ballistic missiles which are capable of delivering weapons of mass destruction (WMDs).   It was established on 25 November 2002. The HCoC does not ban ballistic missiles but works to restrict their production, testing, and export. It is only multilateral transparency and confidence … Read more

Issues are as follows: Border dispute between India and China: Issue of River sharing, Construction of dams on brahamputra river Growing China-Pak Nexus, Pakistan offering disputed area with India to CHINA for creation of OBOR, China Pakistan Economic Corridor China not supporting India at international level like not supporting India forNSG membership. Development of Strategic … Read more

It is a multilateral financial institution which brings countries together to address the daunting infrastructure needs across Asia. It is headquartered at Beijing.    The membership in AIIB is open to members of the International Bank for Reconstruction and Development or the Asian Development Bank.  It has authorized capital of US 100 billion dollars and subscribed … Read more