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Major International Organizations

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International Court Of Justice - ICJ

International Court Of Justice - ICJ About ICJ The International Court of Justice (ICJ) is the principal judicial body of the UN. Established in 1946 to replace the Permanent Court of International Justice, the ICJ mainly operates under the statute of its predecessor, which is included in the UN Charter. It is the principal judicial organ of the United Nations, situated at the Peace Palace in The Hague (Netherlands). It has 193 state parties and current President is Ronny Abraha

AIIB and India

GS-Paper-2 International organisation  (PT-MAINS) India and AIIB: India was among the AIIB’s 57 founding members in 2016. It is also its second-largest shareholder (with 7.62% voting shares) after China (26.06%). It has received USD 4.35 billion from the Bank. This is the highest of any country, with the bank so far approving loans of USD 19.6 billion to support 87 projects in 24 countries. Turkey is second with USD

International Atomic Energy Agency

International Atomic Energy Agency Iran will continue to give access to International Atomic Energy Agency (IAEA) to its declared nuclear sites for 3 months. IAEA’s genesis was U.S. President Eisenhower’s “Atoms for Peace” address to the United Nations General Assembly in 1953. It was established in 1957 as an autonomous organization which is not under the direct control of the UN. Headquartered in Vienna, IAEA seeks to promote the peaceful use of nuclear ener

United Nations Human Rights Council

United Nations Human Rights Council The 46th Session of the United Nations Human Rights Council (UNHRC) was held recently. The UNHRC replaced the former UN Commission on Human Rights. The 47-member UNHRC is an inter-governmental body that promotes and protects human rights around the globe. It discusses all thematic human rights violation issues and situations that require its attention throughout the year. It is made up of UN Member States which are elected by the UN General A

International Atomic Energy Agency- Analysis

International Atomic Energy Agency- Analysis Introduction The Biden administration’s attempts to revive the Iran deal have turned the spotlight on the United Nations’ nuclear watchdog About IAEA IAEA was set up as an autonomous organisation on July 29, 1957, at the height of the Cold War Though established independently of the UN through its own international treaty, the Agency reports to both the UN General Assembly and the Security Council As the preeminent

Cairn Energy wins arbitration award

Cairn Energy wins arbitration award India has been ordered to return up to $1.4 billion to Cairn Energy PLC of the U.K. after an international arbitration overturned tax demanded retrospectively — an award the government indicated it may challenge. The three¬member tribunal, which also comprised a nominee of the Indian government, unanimously ruled that India’s claim of 10,247 crore in past taxes over a 2006¬07 internal reorganisation of Cairn’s India busi

Al Ula Summit- Gulf Cooperation Council

Al Ula Summit- Gulf Cooperation Council It is a regional political and economic alliance of 6 Gulf States i.e Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. HQ - Riyadh, Saudi Arabia. Its aim is to achieve ever closer union between the energy-rich Gulf countries. Established in 1981 GCC promotes economic, security, cultural and social cooperation between the 6 states. Saudi Arabia, Bahrain, UAE and Egypt have imposed an air, land and sea blockade on Qa

PM thanked United Nations Institute for Training and Research

PM thanked United Nations Institute for Training and Research United Nations Institute for Training and Research (UNITAR) appreciated India’s progress in reducing premature mortality from non-communicable diseases (NCDs). The Indian Prime Minister(PM) has thanked UNITAR in return. About United Nations Institute for Training and Research(UNITAR) United Nations Institute for Training and Research(UNITAR) is a dedicated training arm of the United Nations system. It was founded in

Earth Hour Day- Celebrated on March 27

Earth Hour Day- Celebrated on March 27 Earth Hour Day was observed all over the world on March 27, 2021. About Earth Hour Earth Hour is a global movement for environmental conservation. The World Wide Fund for Nature (WWF) started it in 2007. It is an annual event, that takes place on the last Saturday of March. Millions of people in over 180 countries and territories participate in it by turning off their lights. It aims to call attention to global warming, loss of

India contributes $300,000 to UN Women

India contributes $300,000 to UN Women  India recently announced the contribution of USD 300,000 to the UN Women to support gender equality and women empowerment. About UN Women: UN Women is the United Nations entity, dedicated to promoting gender equality and the empowerment of women. Headquartered in New York. Established in 2010 by the United Nations General Assembly to accelerate the progress in meeting women’s needs worldwide. It was formed by merging the four p

UN Food Systems Summit 2021

UN Food Systems Summit 2021 The Ministry of Agricultural and Farmers Welfare recently conducted a National Dialogue on UN Food Systems Summit, 2021. About UN Food Systems Summit,2021: The first-ever UN Food Systems Summit is expected to be held in September 2021. The summit will aim to strategize the actions for positive change in Agri-food systems in the world. It will help to realize the vision of the 2030 Agenda for Sustainable Development. The Summit will focus on levers and

Global Youth Mobilization Initiative Launched by UN

Global Youth Mobilization Initiative Launched by UN Recently, United Nations agencies, youth organisations, and WHO have come together to launch the Global Youth Mobilization initiative for local Solutions. About Global Youth Mobilization Initiative: World Health Organization and United Nations Foundation are supporting Global Youth Mobilization Initiative. It is also led by the world’s six largest youth organisations, including The World Alliance of Young Men’s

G7 countries

G7 countries What is G-7 grouping? It is an intergovernmental organisation that was formed in 1975. The bloc meets annually to discuss issues of common interest like global economic governance, international security and energy policy. The G-7 does not have a formal constitution or a fixed headquarters. The decisions taken by leaders during annual summits are non-binding. G-7 is a bloc of industrialized democracies i.e. France, Germany, Italy, the United Kingdom, Japan, the Un

G7 Summit at Cornwall, UK

What is G7? G7 is a Group of the 7 most advanced economies as per the International Monetary Fund. They are Canada, USA, UK, France, Germany, Italy and Japan. 47th G7 Summit 2021 The 47th G7 Summit is scheduled to be held between June 11 and 13, 2021 in the United Kingdom. It is the first physical G7 summit to be held in two years and will take place in Carbis Bay, Cornwall, the UK. The Indian Prime Minister Narendra Modi has also been invited to be a part of the Summit.

G7 countries agree on Uniform minimum Corporate Tax

G7 countries agree on a Uniform minimum Corporate Tax What is G-7 grouping? It is an intergovernmental organisation that was formed in 1975. The bloc meets annually to discuss issues of common interest like global economic governance, international security and energy policy. The G-7 does not have a formal constitution or a fixed headquarters. The decisions taken by leaders during annual summits are non-binding. G-7 is a bloc of industrialized democracies i.e. France, Germany,

G20 climate summit

G20 climate summit About Group of 20, 1999 It is an international forum for the governments and central bank governors from 19 countries and the EU. Objectives: It deals with International Financial stability and all economic issues, especially Trade wars. It has 86% of Gross World Product (GWP) and 80% of World Trade. 2/3rd of World's population. Members = 19 countries + EU: USA, Canada, Mexico; Argentina + Brazil; EU + Germany + France + UK + Italy; So

Asian Development Bank (ADB)

Asian Development Bank (ADB) Asian Development Bank (ADB) is a regional development bank established on 19 December 1966. The Headquarters of ADB is in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. India is a founding member of the Asian Development Bank (ADB). It aims to promote social and economic development in Asia and the Pacific. Members of the Asian Development Bank (ADB) The bank admits the members of the United Nations Econo

G7, G20 and Global Minimum Tax Explained

Context: This topic is important for UPSC Prelims and GS Paper 2. The Global crises like the pandemic COVID-19, climate change, inequality, tax terrorism, disruptions in supply chains can only be addressed if developed countries (G7) and G20 countries converge on common points and proactively implement the agreed terms. The Group of 7 is an informal group of seven countries — the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom, the heads of which h

World Economic Forum - UPSC Analysis

What is World Economic Forum-UPSC Analysis? World Economic Forum is a Swiss non-profit foundation established in 1971 based in Geneva, Switzerland. Recognized by the Swiss authorities as an international institution for public-private cooperation. World Economic Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. Founder and Executive Chairman – Klaus Schwab. Reports

INTERPOL’S ICSE INITIATIVE

INTERPOL’S ICSE INITIATIVE India’s Central Bureau of Investigation has joined Interpol’s International Child Sexual Exploitation (ICSE) initiative. International Child Sexual Exploitation database The ICSE database uses video and image comparison to analyze the Child Sex Exploitation Material (CSEM) and make connections between the victims, abusers, and places. The database avoids duplication of effort and saves precious time by letting investigators know whether

47th AIBD Annual Gathering

47th AIBD Annual Gathering The prestigious Asia-Pacific Institute of Broadcasting Development (AIBD) has extended India's presidency for an additional year. At the two-day General Conference of the Institute held in New Delhi, the member nations of the AIBD unanimously decided this. What is AIBD, or the Asia-Pacific Institute of Broadcasting Development? The United Nations Educational, Scientific, and Cultural Organization (UNESCO) was the umbrella organization when

About G-20 Summit 2022 in Egypt

About G-20 Summit 2022, in Egypt The Indonesian G20 presidency recently hosted the 17th annual G-20 conference in Bali with the motto "Recover Together, Recover Stronger." As of right now, India is in charge of the G20 presidency, and the 18th summit will take place there in 2023. What were the Summit's results? Russian aggression is condemned: Member nations agreed on a statement condemning Russia's aggression in Ukraine "in the strongest terms"

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