About NATO Formed in 1949 with the signing of the Washington Treaty, NATO is a security alliance of 30 countries from North America and Europe. Established in the Cold War as a bulwark against Soviet aggression, NATO’s fundamental goal is …
About G7 The Group of Seven (G7) is a collective of seven of the world’s most industrialized and developed economies. Their political leaders come together annually to discuss important global economic, political, social and security issues. The G7 member countries …
What is the Arab League? The Arab League, formally known as the League of Arab States, was established in 1945 with initially just six nations: Egypt, Iraq, Jordan, Lebanon, Saudi Arabia, and Syria. Currently, it has 22 member states, who …
About SCO Shanghai Cooperation Organisation (SCO) is a permanent intergovernmental international organisation established in 2001. It’s a Eurasian political, economic and military organisation aiming to maintain peace, security and stability in the region. Prior to the creation of SCO in …
Context: India’s assumption of the presidency of the G20 in 2023 forming the G20 troika with Indonesia and Brazil, marks the first time that the troika has been constituted solely by members from Low and Middle-Income Countries (LMICs), which should …
Context De-dollarisation refers to the replacement of the U.S. dollar by other currencies as the global reserve currency. A reserve currency refers to any currency that is widely used in cross-border transactions and is commonly held as reserves by central …
About ADB The Asian Development Bank (ADB) was founded in 1966 with the primary mission of fostering growth and cooperation among countries in the Asia-Pacific Region. It is headquartered in Manila, Philippines. At present, ADB comprises 68 members (including India)- …
About CEPA India and the United Arab Emirates (UAE)’ Comprehensive Economic Partnership Agreement (CEPA) was signed in 2022. CEPA covers goods, services and digital trade, among others, that will allow 90% of India’s exports a duty-free access to the Emirates. …