About APEC APEC is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific. APEC’s aim is to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative and secure …
Background The Joint Comprehensive Plan of Action (JCPOA), more commonly known as the Iran nuclear deal, was reached between Iran and six world powers known as the P5+1 (China, France, Germany, Russia, the United Kingdom, and the United States) in …
The East Asia Summit is a premier forum in the Asia-Pacific region dealing with issues relating to security and defence. Since its inception in 2005, it has been playing a significant role in the strategic, geopolitical and economic evolution of …
Context The Third India-U.S. 2+2 Ministerial Dialogue between the Foreign and Defence Ministers of India and the U.S. Secretaries of State and Defence took place in Delhi on October 26-27. Significance of the meeting The centrepiece of the dialogue was …
What’s in the news? India and Japan have finalised an ambitious agreement that provides for cooperation in 5G technology, artificial intelligence and an array of other critical areas. The agreement promotes cooperation in capacity building, research and development, security and …
About AIIB The Asian Infrastructure Investment Bank (AIIB) is an international development bank that provides financing for infrastructure projects in Asia. Headquartered in Beijing, it began operations in 2016. It includes 102 members worldwide (India is a founder member of …
About SAARC The South Asian Association for Regional Cooperation (SAARC) was established in 1985 with 7 founding members. SAARC now comprises eight Member States: Afghanistan (joined in 2007), Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. There are nine …
What’s in the news? The Ministry of Finance has notified The Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020) which will come into force from September 21. What is it? Under the new rules, the …