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World Trade Organization – WTO World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. WTO has 164 members (including European Union) and 23 observer governments (like Iran, Iraq, Bhutan, Libya etc). …
Group of 7 (G-7) Why in NEWS? India was invited as a Guest nation to the 47th G-7 Summit held in June 2021 at Cornwall, UK. Since 2014, this is the second time the Prime Minister will be participating in…
Shanghai Cooperation Organization -SCO Shanghai Cooperation Organization – SCO is a Eurasian intergovernmental political, economic, and military organization founded in Shanghai in 2001 and headquartered in Beijing. The mains focus area of the group is Regional development and Security issues…
SAARC South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organization and geopolitical union of states in South Asia. SAARC was established with the signing of the SAARC Charter in Dhaka in 1985 Its secretariat is in Kathmandu,…
India – Asean Relations ASEAN (Association of Southeast Asian Nations) is a regional organization of 10 nations which was established to promote political and social stability amid rising tensions among the Asia-Pacific’s post-colonial states. Its members are Indonesia, Malaysia, Philippines,…
Group of 20 (G-20) Why in NEWS? For the first time, India will host the annual G-20 Summit in 2022 since its origin in 1999. G20 is an international forum for the Governments and Central Bank Governors from 19 countries…
India – Latin America Relations Latin America is generally understood to consist of the entire continent of South America in addition to Mexico, Central America, and the islands of Caribbean whose inhabitants speak a Romance language such as Spanish, Portuguese,…
BRICS is an acronym for 5 emerging economies of the world viz. – Brazil, Russia, India, China, South Africa. The BRIC idea was first conceived by economists of Goldman Sachs as part of an economic modelling exercise to forecast global…
Non Aligned Movement (NAM) Why in the NEWS? Recently, the Prime Minister of India participated in the Online Summit of Non-Aligned Movement (NAM) Contact Group 2020 themed “United against COVID-19”. This is the 1st time PM Modi is taking part…