NATO-Russia Council: The North Atlantic Treaty Organisation (NATO) and Russia discussed the ongoing situation in Ukraine and its implications for security in Europe at the NATO-Russia Council (NRC) in Brussels. Talks between representatives of NATO and Russia concluded without a clear outcome. NATO-Russia Council: NRC was established at the NATO-Russia Summit in Rome (Rome […]
Category: Important Organisations
Regional Comprehensive Economic Partnership (RCEP)
Regional Comprehensive Economic Partnership (RCEP): South Korea has said that it regrets India’s absence from the Regional Comprehensive Economic Partnership (RCEP) and hopes to see New Delhi rejoin the agreement. The RCEP came into effect on January 1, 2022, marking the formation of the world’s largest free trade zone in terms of trade volume. India […]
Developing Country Tag To China: WTO
Developing Country Tag To China: WTO China got the ‘developing country’ status at the World Trade Organisation (WTO). It has become a contentious issue with a number of countries raising concerns against the decision. Earlier in 2019, the South Korean Government decided not to seek any special treatment as a developing country from future negotiations […]
The Collective Security Treaty Organization (CSTO)
The Collective Security Treaty Organization (CSTO): A Moscow-led military alliance dispatched troops to help quell mounting unrest in Kazakhstan as the police said dozens were killed trying to storm government buildings. Long seen as one the most stable of the ex-Soviet republics of Central Asia, energy-rich Kazakhstan is facing its biggest crisis in decades after […]
United Nation Security Council: Five New Non Permanent Members
United Nation Security Council: The United Nation Security Council (UNSC) got five new non permanent members (Albania, Brazil, Gabon, Ghana and the United Arab Emirates). Estonia, Niger, St Vincent and the Grenadines, Tunisia and Vietnam finished their terms recently. Albania is joining for the first time while Brazil is taking an 11th turn. Gabon and […]
United Nations High Commissioner For Refugees (UNHCR)
United Nations High Commissioner For Refugees (UNHCR): Vodafone announced that it is auctioning the world’s first SMS as a non-fungible token (NFT). Now, the company has announced that a bidder has paid 107,000 euros for the replica of the first communication protocol of a short message, perpetuated as a NFT. Vodafone will donate them to […]
Organisation Of Islamic Cooperation (OIC)
Organisation Of Islamic Cooperation (OIC): A meeting of foreign ministers from the Organisation of Islamic Cooperation (OIC) agreed to establish a humanitarian trust fund to address the growing economic crisis in Afghanistan which has left millions facing hunger over the winter. The meeting is the biggest major conference on Afghanistan since the fall of the […]
RATS-SCO: India assumed the Chairmanship
Regional Anti-Terrorist Structure Of Shanghai Cooperation Organization (RATS-SCO): India assumed the Chairmanship of Council of Regional Anti-Terrorist Structure of Shanghai Cooperation Organization (RATS-SCO) in 2021 for a period of one year. In pursuance of this, the National Security Council Secretariat (NSCS) in association with Data Security Council of India (DSCI), organized a Seminar on Securing […]
UNGA Now Observer to International Solar Alliance (ISA)
International Solar Alliance (ISA): The UN General Assembly has conferred Observer Status on the International Solar Alliance (ISA), a historic decision which India said would help provide for a well-defined cooperation between the alliance and the UN that would benefit global energy growth and development. UN confers Observer Status on Solar Alliance The ISA was […]
Bullion Trade in India Report: World Gold Council
World Gold Council: As per WGC’s ‘Bullion Trade in India’ report: Imports made up 86% of India’s gold supply between 2016-2020, and inbound shipments continue to grow despite high import duty. Since the first duty hike in 2012, India has imported some 6,581 tonnes of gold, averaging 730 tonnes per annum. In 2020, India imported […]