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Current Affairs
A. REGIONAL GROUPINGS
HITLIST 40 TOPICS
Current Affairs
SHANGHAI COOPERATION ORGANIZATION
Why in news?
• June , 2019 : 19th SCO
Summit with heads of
States: Bishkek
Declaration, Kyrgyzstan
• .
1
Current Affairs
Prime Minister of India 2019 : HEALTH
1. Healthcare cooperation
2. Economic cooperation
3. Alternate energy
4. Literature and culture
5. Terrorism-free society
6. Humanitarian cooperation
Current Affairs
• July 2020 : Saint Petersburg, Russia
• November 2019 : Council of Heads of Government@
Tashkent, Uzbekistan
• 2020 : India will host the 19th Council of Heads of
Government of SCO
• First such high level meeting of the eight-member
grouping to be organised by New Delhi
Current Affairs
BASICS :
• 26 April 1996 - Treaty on Deepening Military Trust in
Border Regions in Shanghai
• Shanghai–5’ - China, Kazakhstan, Kyrgyzstan, Russia
& Tajikistan
• 24 April 1997- Treaty on Reduction of Military Forces in
Border Regions @ Moscow
Current Affairs
• 2001 : Uzbekistan joined;renamed as Shanghai
Cooperation Organization (SCO)
• 8 Members - China, Kazakhstan, Kyrgyzstan, Russia,
Tajikistan, Uzbekistan
• India and Pakistan (June 2017 Astana summit )
• 4 Observes - Afghanistan, Belarus, Iran and Mongolia
6 Dialogue Partners - Azerbaijan, Armenia, Cambodia, Nepal,
Turkey and Sri Lanka.
• Official working languages - Chinese and Russian.
• SCO Secretariat in Beijing
Current Affairs
Executive Committee of the Regional Anti-Terrorist Structure
(RATS) based in Tashkent.
• Regional Anti-Terrorist Structure ( RATS )
• Formed in June 2004 Tashkent summit
• Headquartered in Tashkent, Uzbekistan
• Permanent organ of SCO
• Against three evils of terrorism, separatism and
extremism.
• Head of RATS is elected for a three-year term.
Current Affairs
• March 2019 : 34th meeting of RATS council , Tashkent
• “Sary-Arka-Anti terror 2019: First joint military exercise
of SCO
• Sary Arka region grasslands of Kazakhstan
Significance :
• 25% oil & 50 % natural gas
• Kazakhstan - Uranium
• Uzbekistan & Kyrgyzstan - Gold
Current Affairs
2
Eurasian Economic Union
Current Affairs
2
Eurasian Economic Union
Current Affairs
Why in News?
• Russia pushes India’s entry into Eurasian Economic Union
• India and EAEU discussing the possibility of signing a FTA
• 2025 : EAEU financial common market
Current Affairs
EAEU signed free trade agreements with Serbia and Singapore
Current Affairs
BASICS:
• December 1991
• Belavezha Accords : Russia, Kazakhstan and Belarus
• Belavezha in Belarus
• Treaty on Commonwealth of Independent States
• Now 9 member states of CIS
• Armenia,Azerbaijan,Belarus,Kazakhstan,Kyrgyzstan,Moldova,
• Russia,Tajikistan,Uzbekistan
• 1 associate state: Turkmenistan
Current Affairs
• 1996 : Treaty on Increased Integration in the
Economic and Humanitarian Fields
• first foundation for economic convergence
• 2001 : Treaty on Eurasian Economic
Community
Current Affairs
• 2007 : Belarus, Kazakhstan
and Russia created a
Customs Union
• 2010 : Eurasian Customs
Union to remove all customs
borders between each other
after July 2011.
Current Affairs
• 2012 : Eurasian Economic Space
• Belarus, Kazakhstan and Russia
• 2012 : Eurasian Commission
• Governing body of Eurasian Economic Space
• HQ : Moscow
Current Affairs 2020
• 29 May 2014: Treaty on the Eurasian Economic Union signed
• Kazakhstan, Belarus and Russia
• Jan 1, 2015 came into force
• Nursultan Nazarbayev’s idea(first President of Kazakhstan)
• New Members :
Armenia (2 January 2015)
Kyrgyzstan (12 August 2015)
April 1990 - March 2019
Current Affairs 2020
Total 5 members 1. Russia 2. Kazakhstan 3. Belarus 4. Armenia 5. Kyrgyzstan
Current Affairs 2020
• Armenia is the only country of the EAEU
that has no common border with the
other member states of the union.
Current Affairs
Current Affairs
GREATER EURASIAN PARTNERSHIP
3
Current Affairs
• Greater Eurasian Partnership (GEP)
floated by Putin
• Russia wants GEP to include India,
Iran, South Korea, Japan and
ASEAN to dilute Beijing’s power
Current Affairs
• .
Current Affairs
COLLECTIVE SECURITY TREATY ORGANIZATION (CSTO)
4
Current Affairs
Why in news ?
• November 28, 2019 - a session of CSTO Collective Security
Council was held in Bishkek, capital of Kyrgyzstan
Current Affairs 2020
BASICS
• 1992 : Six post-Soviet states belonging to the
Commonwealth of Independent States signed
Tashkent / Treaty/CSTO
• 1. Russia
• 2. Armenia
• 3. Kazakhstan
• 4. Kyrgyzstan
• 5. Tajikistan
• 6. Uzbekistan
Current Affairs
• 1993 : Azerbaijan, Belarus and Georgia joined CST
• April 20, 1994 :CST came into force
• 2002 : six agreed to create CSTO as a military alliance
• Collective Security Treaty became CSTO
• Collective defence of any member that faces external
aggression
• Eurasian counterpart of NATO ( 29 members)
Current Affairs 2020
Current Affairs
Withdrawal:
1. Azerbaijan 1994 /1999
2. Georgia 1994/ 1999
3. Uzbekistan 1994 /1999 (first time)
2006/2012 (second time)
Observers : Afghanistan and Serbia
Current Affairs
5
North Atlantic Treaty Organization (NATO)
Current Affairs
Why in news ?
• 27 March 2020 : North Macedonia
becomes new member
• 3 December 2019 : Allied Heads of
State and Government met in
London to commemorate the 70th
anniversary of NATO
Current Affairs
BASICS:
• 1947: Treaty of Dunkirk - Britain and France
• March 1948: Treaty of Brussels by Six
• Belgium, France, Luxembourg, the
Netherlands and the United Kingdom against
possible German or Soviet aggression after
the end of World War II.
Current Affairs
• 4 April 1949 :12 founders
• Brussels Six & US, Canada, Portugal, Italy,Norway, Denmark
and Iceland
• Intergovernmental military alliance between three UNSC
permanent members (US,UK & France) and
• 27 other North American and European countries.
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• Headquartered in Haren, Brussels, Belgium.
• HQ of Allied Command Operations — Mons, Belgium
• Article 10 : Provision for enlargement
• 30 member states
• 2017 : Montenegro joined
• 27 March 2020 : North Macedonia joined
Current Affairs
Macedonia Entry
• Republic of Macedonia changed its name to the “Republic of
North Macedonia” to enter NATO and EU
• Earlier accession to both organizations was vetoed by Greece.
Current Affairs
• Why Greece Opposed?
• Greece opposed the use of the name “Macedonia”
without a geographical qualifier such as “Northern
Macedonia”
• Two official candidates : Bosnia and Herzegovina
• Two aspiring members: Georgia and Ukraine.
Current Affairs 2020
Current Affairs
NATO ‘s Global partners:
• Non NATO countries with whom NATO cooperates
• Afghanistan, Australia, Colombia, Iraq, Japan,
Republic of Korea, Mongolia, New Zealand and Pakistan
Current Affairs
• 2018 : Colombia becomes NATO’s first global partner in Latin
America.
• Article 5 of NATO’s founding treaty 1949 does not apply to
Colombia as it is only a global partner and not full fledged
member
Current Affairs
• Article 5 declares that an attack on one member state is an
attack on all of them
• It applies only to the 30 fully-fledged members
• NATO has only once invoked Article 5, on September 12, 2001
following the 9/11 attacks on the World Trade Center in US.
• October 7, 2001: Operation Enduring Freedom
• U.S. government for the Global War on Terrorism
Current Affairs 2020
• August 2003 to December 2014:NATO led the UN-mandated
International Security Assistance Force (ISAF) in Afghanistan
• December 2001 : ISAF was established by UNSC Resolution
1386 as envisaged by Bonn Agreement.
Current Affairs 2020
• January 2015 : NATO launched Resolute Support Mission
(RSM) to train, advise and assist Afghan security forces and
institutions.
Current Affairs 2020
Current Affairs
NATO ALLY-LIKE STATUS
Why in news?
• US Senate passed a binding legislation to accord India the
same status as its other NATO allies — South Korea, Japan and
Australia.
• It will be part of National Defense Authorisation Act 2020.
Current Affairs
• NDAA will ensure that US State Department treats India as a
non-member NATO ally for the purposes of Arms Export
Control Act.
• 2001: Pakistan received the status of Major non-NATO Ally
from the US
• 2017 : US downgraded Pakistan’s status as an MNNA due to
harbouring of Osama bin Laden and financing of terror
• US suspended $1.66 bn worth of military aid
Current Affairs
Conference on Interaction and Confidence-Building Measures in
Asia
6
Current Affairs
Why in news? June 2019 : External Affairs Minister, Dr S. Jaishankar, attended the 5th Conference on Interaction and Confidence Building Measures in Asia (CICA) Summit in Dushanbe, Tajikistan
Current Affairs
Current Affairs
• October 1992 : CICA was first
proposed by Kazakhstan
President Nursultan
Nazarbayev
• Inter-governmental forum for
enhancing cooperation
towards promoting peace,
security and stability
Current Affairs
• 27 Member states including
India,Pakistan,China ,Russia…
• 8 Observer states including US,Japan
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Asian Infrastructure Investment Bank
7
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• December 2015 : established
• January 2016 : commenced operation
• Headquartered in Beijing
Current Affairs
• 57 founding members
• India - founding member
• 102 approved members
• Membership open to all members of the World Bank or the
Asian Development Bank
• Regional and non-regional members
Current Affairs
• Non-sovereign entities can become member assuming their
home country is a member.
• sovereign wealth funds or state-owned enterprises of member
countries could potentially join
Current Affairs
Shareholder
1. China (32% stake)
2. India (7.6%)
3. Russia
4. Germany
• Regional members hold 75% total voting power
Current Affairs
• AIIB has approved five projects in India.
1. Bangalore Metro Rail Project
2. Transmission System Strengthening Project
3. Gujarat Rural Roads (MMGSY) Project
4. India Infrastructure Fund
5. Andhra Pradesh 24×7 – Power For All project.
• AIIB to invest USD200 million in National Infrastructure
Investment Fund (NIIF).
Current Affairs
What is NIIF?
• NIIF is an Indian-government backed entity established to
provide long-term capital to the country’s infrastructure sector.
• Budget 2015 proposed its creation
• December 2016 - Set up as an alternative investment fund (AIF)
• Corpus of ₹40,000 crore
• Indian government has 49 per cent stake
• Rest by foreign and domestic investors
Current Affairs 2020
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Current Affairs
Why in news?
11th April 2020 : ADB President Masatsugu Asakawa assured
USD 2.2 billion (about Rs 16,500 crore) support to India in its fight
against the COVID-19 pandemic
Current Affairs
• December 1966
• 31 founder members including India
• Now 68 members—of which 49 are from within Asia and the
Pacific and 19 outside
• Admits members of U.N Economic and Social Commission for
Asia and the Pacific (UNESCAP)
Current Affairs
• Headquartered in Mandaluyong city , Manila, Philippines
• Official Observer of United Nations
• Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline
project is being funded by ADB.
Current Affairs
T A P I
9
Current Affairs
Why in news?
• Sep, 2019 : Pakistan assured Turkmenistan that rising tensions
with India will have no effect on the mega project.
• Tensions spiked due to abrogation of Article 370
• Pipeline is expected to commence operations in 2020.
Current Affairs
Galkynysh gas field
Current Affairs
• $10 billion
• 1,814 km pipeline
• 33 billion cubic meters of Turkmen gas to South Asia for 30 years
• India & Pakistan to purchase 42% total volume of gas produced
• Afghanistan is expected to purchase 16% of the gas
• Afghanistan to receive $400m a year as transit fee.
Current Affairs
• December 2010 : A Gas Pipeline Framework Agreement (GPFA) was
signed by the petroleum ministries of four countries
• May 2012: Bilateral gas sale agreement signed
• February 2018 : Ceremony marking the beginning of construction of
Afghanistan-Pakistan section of the pipeline was held
Current Affairs
• India has sought re-negotiation of the natural gas price
• For a consumer, the price would be around USD 13 permillion
British thermal unit after adding local taxes and transportation
charges.
Current Affairs
BRICS
10
Current Affairs
Why in news?
• Nov 2019 : 11th BRICS Summit was held in
Brasilia, Brazil
• Theme : “Economic Growth for an
Innovative Future.”
• 12th - July 2020- Saint Petersburg , Russia
Current Affairs
BASICS:
• 2001 : Acronym by Jim O’Neill of Goldman Sachs
• 2006 : Officially formed by Brazil, Russia, India and China
• June 2009 :first formal summit in Yekaterinburg
• 2010 - South Africa became the 5th member
Current Affairs
Summits:
• Since 2009, its summits are held annually
• 6th summit - July 2014 Fortaleza , Brazil (NDB &CRA)
• 11th - November 2019- Brasília, Brazil
• India has hosted BRICS summits twice (2012 & 2016)
Current Affairs
New Development Bank
• fourth BRICS Summit held in New Delhi (2012) laid foundation
for NDB to mobilize resources for infrastructure and sustainable
development projects in BRICS members.
• July 2014 @ Fortaleza: (NDB) was established
• Authorized capital of US$ 100 billion
• Headquarter is located in Shanghai
• K. V. Kamath is the first President ,NDB
Current Affairs
• NDB yet to disperse loans to outside member countries
• So far all the loans dispersed totaling $5.1 Billion are to its
members only
Current Affairs
Contingent Reserve Arrangement
• short-term balance of payments pressures
• July 2014 : Idea was first mooted in Fortaleza, Brazil
• 2015 : Established in 7th BRICS summit at Ufa
• October 2016 : operationalised
Current Affairs
• CRA will be 100 billion dollars
• China ($41 billion)
• India ($18 billion)
• Brazil ($18 billion)
• Russia ($18 billion)
• South Africa ($5 billion)
Current Affairs
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Current Affairs
• 2003 : Brasilia Declaration formally
established IBSA
• Galvanizing South-South cooperation
Current Affairs
• IBSA Fund for Alleviation of Poverty and Hunger
• Each member country contributes $1 Million
• managed by United Nations Office for South-South Cooperation
• 62.4 percent of the IBSA Fund devoted LDCs
Current Affairs
IBSA SUMMITS
• 2006 : 1st IBSA Summit Declaration, Brasilia
• 2007 : 2nd IBSA Summit Declaration, Tshwane
• 2008 : 3rd IBSA Summit Declaration, New Delhi
• 2010 : 4th IBSA Summit Declaration, Brasilia
• 2011 : 5th IBSA Summit Declaration, Tshwane
• Foreign Ministers’ meeting :
• June 2018 : second BRICS Foreign Ministers’ meeting in Pretoria
• IBSA Declaration on South-South Cooperation issued
Current Affairs
BIMSTEC
• Bay of Bengal Initiative for Multi-Sectoral
Technical and Economic Cooperation
12
Current Affairs
Why in News?
• November 2019 : First BIMSTEC Conclave of Ports,
Vishakhapatnam organised
• 4th summit 2018 :
• Establishing a BIMSTEC Development Fund, with voluntary
contributions from Member States.
• Welcomed Thailand proposed new strategy of five pillars (viz.
connectivity, trade and investment,
• people-to-people contacts, security, and science and
technology)
Current Affairs
• 1997 : Bangkok Declaration - ‘BIST-EC’
• (Bangladesh, India, Sri-Lanka and Thailand Economic
Cooperation)
• 1997: inclusion of Myanmar, renamed ‘BIMST-EC’
• 2004 : admission of Nepal and Bhutan
• Name changed to BIMSTEC
• 7 members
Current Affairs
Current Affairs
• Five are from South Asia
1. India
2. Bangladesh
3. Sri Lanka
4. Nepal
5. Bhutan
• Two are from Southeast Asia
1. Myanmar
2. Thailand
• Permanent secretariat in Dhaka
Current Affairs
Summits
• 2004 : 1st Bangkok
• 2008 : 2nd New Delhi
• 2014 : 3rd Naypyidaw
• 2018 : 4th Kathmandu
• 2022 : 5th Colombo
Current Affairs
• 2018 : 4th summit Kathmandu
• Establishing a BIMSTEC Development Fund, with
voluntary contributions from Member States.
• Welcomed Thailand proposed new strategy of five
pillars (viz. connectivity, trade and investment,
people-to-people contacts, security, and sci & tech
Current Affairs
13
Current Affairs
Why in news?
• Mongolia is set to become the 7th member
• It is open to all developing member countries.
• Only operational trade agreement linking China and India.
Current Affairs
BASICS:
• 1975 : Bangkok Agreement was signed in
as an initiative of UN Economic and
Social Commission for Asia and the
Pacific.
• Secretariat: UNESCAP’s Trade and
Investment Division in Bangkok
Current Affairs
• Oldest preferential trade agreement (PTA) among developing
countries in Asia-Pacific
• Six Participating States
• 1. Bangladesh 2. China
3.India 4. Laos
5. South Korea 6. Sri Lanka
Current Affairs
Preferential Trade Agreement v/s Free Trade Agreement
• PTA : duties are eliminated on a certain number of identified
items.
• FTA : countries cut or eliminate duties on most number of
goods traded between them besides liberalising norms to
promote services trade and investments.
Current Affairs
• India to provide tariff concessions on 3,142
products to APTA and special concessions on 48
tariff lines for LDCs(Bangladesh and Laos).
• China to reduce or cut to zero tariffs on a total of
8,549 types of goods originating in India,
Bangladesh, Laos, South Korea and Sri Lanka.
• Market access in agricultural commodities and
pharma products remain a challenge.
Current Affairs
Caspian Sea legal status Breakthrough Treaty 2018
• Azerbaijan, Iran, Kazakhstan,
Russia and Turkmenistan
14
Current Affairs
Current Affairs
Caspian disputes:
• Iran, Azerbaijan and Turkmenistan contested the
ownership of several oil and gas fields.
• Russia is reluctant to allow Turkmenistan to pursue its
proposed 300 Km gas pipeline to Azerbaijan
• 20 billion barrels of Oil and 240 trillion Cubic Feet of
natural gas.
Current Affairs
Significance of the Treaty
• Treaty declares 15 Nautical Miles from the coastline as
Sovereign waters and an Exclusive Economic Zone, with a
further 10 nautical miles to be used for fishing and beyond this
would be open, waters.
• It allows each member nation to lay pipelines with consent
only from the neighbouring states affected not from all Caspian
Sea Nations.
Current Affairs
• It prevents the Caspian nations from opening their borders to
third party aggressors such as the US and NATO or allowing any
foreign military presence on Caspian waters.
Current Affairs
Ashgabat agreement
15
Current Affairs
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• Ashgabat capital city of Turkmenistan
• April 25, 2011: signed by Uzbekistan, Turkmenistan,
Iran , Oman & Qatar.
• Ashgabat agreement establishes a transport and
transit corridor between countries in Persian Gulf
and Central Asia.
Current Affairs
• 2013 : Qatar withdrew
• 2015: Kazakhstan joined
• 2016 : Agreement came into force
• Turkmenistan is the depository state for the agreement.
• 2016 : Pakistan joined
• 2018 : India joined
Current Affairs
INSTC
16
Current Affairs
International North–South Transport Corridor
• 7,200-km-long multi-mode network of ship, rail,
and road route for moving freight between
India, Iran, Afghanistan, Armenia, Azerbaijan,
Russia
Current Affairs
Current Affairs
• Trade connectivity between Mumbai, Moscow, Tehran, Baku,
Bandar Abbas, Astrakhan, Bandar Anzali, etc
• Dry runs of two routes were conducted in 2014
• first was Mumbai to Baku via Bandar Abbas
• second was Mumbai to Astrakhan via Bandar Abbas, Tehran
and Bandar Anzali.
• This will also synchronize with the Ashgabat agreement
Current Affairs
17
Current Affairs
Why in news?
• November 2019 : IORA Council of Ministers meeting
was held in Abu Dhabi, UAE .
• Theme: Promoting a shared destiny and path to
prosperity in Indian ocean
• 2017-19 : Republic of South Africa held the chair
• 2019-21 : UAE will hold the chair assisted by
Bangladesh.
Current Affairs
Blue Economy:
• September 2015 : First IORA Ministerial Blue Economy
Conference (BEC) in Mauritius
• Blue Economy Declaration was adopted.
• May 2017 : Second Ministerial Blue Economy
Conference on “Financing the Blue Economy”
• Jakarta Declaration on the Blue Economy was adopted
Current Affairs
• Sep 5, 2019 - 3rd IORA Blue Economy
Ministerial Conference, Dhaka
• first ever IORA Ministerial level Conference to
be organized by Bangladesh
• Theme : “Promoting Sustainable Blue Economy
-- making the best use of opportunities from
the Indian Ocean
Current Affairs
Current Affairs
BASICS:
• 1995 : Vision for IORA originated visit of during President
Nelson Mandela to India
• 1997 : IOR –ARC established as an inter-governmental
organisation
• Secretariat : Ebène, Mauritius.
• 22 member states
• In 2018 -Maldives was accepted as 22nd Member (with India’s
backing).
Current Affairs
Current Affairs
• Myanmar membership not approved due to lack of consensus
(mainly opposed by South Africa)
• 10 dialogue partners (UK, US, China, Japan, Republic of Korea
Turkey,Egypt, France, Germany, Italy )
Current Affairs
• Six priority areas of IORA
1. Maritime security
2. Trade and investment facilitation
3. Fisheries management
4. Disaster risk reduction
5. Academic and scientific cooperation
6. Tourism promotion and cultural exchanges
• India hosted the first Indian Ocean Dialogue in 2015.
• It was held at Kochi and the Kochi Consensus was released.
Current Affairs
The Indian Ocean Dialogue (IOD)
18
Current Affairs
The Indian Ocean Dialogue (IOD)
Current Affairs
The Indian Ocean Dialogue (IOD)
Why in news? Dec 2019: 6th IOD ,New Delhi • IOD is a flagship initiative of IORA • November 2013 : 13th Council of Ministers meeting, Perth, Australia.
Current Affairs
• 2014 : first IOD was held in Kochi (Kochi Consensus)
• 2015 : 2nd Perth, Australia in and
• 2016 : 3rd Padang, Indonesia
• 2017 : 4th ,Abu Dhabi, United Arab Emirates
• 2018 : 5th ,Durban, South Africa
• Dec 2019: 6th ,New Delhi
• Theme 'Indo-Pacific: Re-imagining the Indian Ocean through an
Expanded Geography’.
The Indian Ocean Dialogue (IOD)
Current Affairs 2020
19
Current Affairs 2020
Why in news
• November 2019 : 31st Summit planned
in Chile’s capital, Santiaogo got
cancelled
• Civil protests in response to a raise in
the Santiago Metro’s subway fare, the
increased cost of living, privatisation
and inequality prevalent in Chile.
Current Affairs 2020
Why in news
• November 2020:
• 32nd Summit @ Kuala Lumpur, Malaysia
Current Affairs 2020
• 2018 : 30th Summit in Papua New Guinea.
• For the first time APEC failed to release a joint
communique due to lack of consensus among the
members over trade and security issues.
• All 20 countries except China agreed to the joint
statement.
Current Affairs 2020
BASICS:
• 1989 : APEC as an inter-governmental forum
• Australian Prime Minister Bob Hawke brain child
• 21 Pacific Rim member economies.
• November,1989 : First meeting @ Canberra
• Secretariat: Singapore
Current Affairs 2020
Current Affairs 2020
• 2011 : India was allowed as observer state.
• India has been attempting to join APEC since 1993
• India was denied admission as it has no border with the paciifc
Current Affairs 2020
Bogor Goals :
1994 : Bogor summit, Indonesia
APEC declared “free and open trade and investment in the Asia-
Pacific by 2010 for industrialized economies and
2020 for developing economies.”
Current Affairs 2020
• Organisation for Economic
Co-operation and Development
20
Current Affairs 2020
Current Affairs 2020
Why in News?
• Recent OECD proposal called “Unified Approach” proposes
changes in the rules for taxing Internet giants such as Facebook,
Apple, Google, Netflix, etc.
Current Affairs 2020
BASICS:
• 1948 : Organisation for European Economic Co-operation
(OEEC) led by Robert Marjolin of France, to help administer the
Marshall Plan (reconstruction of Europe after World War II)
• 1961: 18 European nations, US and Canada reformed OEEC into
OECD
Current Affairs 2020
• 36 member countries
• World’s most advanced countries & emerging countries like
Mexico, Chile and Turkey.
• Headquarter : Paris, France
Current Affairs 2020
• 1 July 2016 : Latvia became a full member
• 5 July 2018: Lithuania became a full member
• May 2018 : Colombia signed the accession agreement
• Argentina, Peru, Malaysia, Brazil and Croatia expressed interest
to join
• India is not a member
Current Affairs 2020
Current Affairs 2020
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Current Affairs
Why in news?
• June 2019 : 14th G-20 summit was
held in Osaka, Japan.
Current Affairs
Background
• It is an international forum for the governments and
central bank governors from 19 countries and the
European Union.
• 1997-1998 : Financial Crisis
• December 1999 : Ist G20 Summit @ Berlin hosted by
Germany and Canada.
• To discuss policies relating to financial stability.
Current Affairs
2019: Osaka Track
• It is an initiative launched by Japan’s PM Shinzo Abe that
seeks the removal of prohibitions on data localisation
• US and Europe have supported it.
• India, South Africa, and Indonesia have boycotted the
“Osaka Track” on the “digital economy”, as it overtly
undermines “multilateralism”
Current Affairs
Summits :
• 2008 : Agenda expanded including heads of governments /
heads of states as well as finance ministers and foreign
ministers.
• November 2008 : 1st summit Washington, D.C
• June 2019 :14th - Osaka ,Japan
• November 2020: 15th – Riyadh, Saudi Arabia
• 2021 : 16th- Italy
• 2022 : 17th - New Delhi
• first time, India will host the annual G-20 Summit in 2022.
Current Affairs
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Current Affairs
Why in news?
• August 2019 : 45th G7 summit in Biarritz, France.
• India was invited as a special guest
Current Affairs
About G-7
• 1975 : intergovernmental organisation
• global oil crisis.
• US, Canada, UK, France, Germany, Italy, Japan
Current Affairs
• 1997: G7 was known as the ‘G8’ after joined by Russia
• 2014: Russia was expelled due to annexation of the Crimea
region of Ukraine.
• G7 nations meet at annual Summits that are presided over by
leaders of member countries on a rotational basis.
Current Affairs
• G7 does not have a formal constitution or a fixed headquarters.
• The decisions taken by leaders during annual Summits are
non-binding.
• India is not a member of the G7 group.
Current Affairs
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Current Affairs
Why in news?
• August 2019: 10th Mekong-Ganga Cooperation
Ministerial Meeting was held in Bangkok, Thailand.
• 2019 : “India-ASEAN Tourism Year”
• 20th Anniversary of MGC in 2020.
Current Affairs
BASICS:
• 2000: India and five ASEAN
• Cambodia,Laos, Myanmar, Thailand and Vietnam
• cooperation in tourism, culture, education, transport
and communications.
• Launched at Vientiane, Laos.
Current Affairs
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• September 2012 : Sixth MGC meeting was held in New Delhi
• Mekong is World’s 12th longest river, 7th longest in Asia
• From the Tibetan Plateau the river runs through China,
Myanmar, Laos, Thailand, Cambodia, and Vietnam.
Current Affairs
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24
Current Affairs
Why in news?
• April 2020 : 25th Anniversary
Current Affairs
• April 5, 1995
• inter-governmental river basin organisation
established by the riparian country
• Headquarters Vientiane, Laos
• Cambodia, Laos, Thailand, Vietnam
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25
Current Affairs
• 23 March 2016: First LMC Leaders’ Meeting @
Sanya of China’s Hainan Province
• LMC was seen as a rival to the long-standing
Mekong River Commission Mekong
• Mekong known as the Lancang after flowing out
of Yunnan
Current Affairs
Current Affairs
• Mekong River runs across Myanmar, Laos, Thailand,
Cambodia, and Vietnam
• China-led initiative for cooperation on the Lancang-Mekong
River
• All riparian countries - Cambodia, China, Laos, Myanmar,
Thailand, Vietnam are members
• Secretariat : Beijing
Current Affairs
INDIA- ASEAN: REVIEW OF FREE TRADE PACT
26
Current Affairs
Why in news?
• Recently, India and Association of South-East Asian nations
(ASEAN) agreed to review the FreeTrade Agreement (signed in
2009)
Current Affairs
Background
• 1992: India became ASEAN’s sectoral dialogue partner
• 1995 : Full Dialogue Partner
• 1996 : ASEAN Regional Forum (ARF)
• 2003: Comprehensive Economic Cooperation Agreement
(CECA) was signed
Current Affairs
• 2009 : India-ASEAN FTA was signed in Bangkok.
• 1 July 2015 : ASEAN-India Agreements on Trade in Service
and Investments
• 2017 : 25 years of dialogue partnership between India and
ASEAN and five years of the strategic partnership.
• Nov 2019 : PM attended the 16th ASEAN-India Summit
held at Bangkok, Thailand
Current Affairs
Impact of FTA on India
• bilateral trade increased
• $73.6 billion (2017) to $ 80.8 billion (2018)
• ASEAN is India’s fourth largest trading partner.
• India’s trade deficit in goods has widened
• from $13 billion in FY18 to $22 billion in FY19
Current Affairs
About ASEAN
• August 1967
• Indonesia, Malaysia, Philippines, Singapore and Thailand
• 10 member countries
• Brunei Darussalam, Cambodia, Myanmar and Vietnam.
Current Affairs
ASEAN OUTLOOK ON THE INDO-PACIFIC
27
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Current Affairs
Why in news?
• June 2019 -: ASEAN adopted the ‘ASEAN Outlook on
the Indo Pacific’.
• It enumerates the four functional areas of
collaboration:
1. Maritime cooperation
2. Connectivity
3. Sustainable development
4. Economic Cooperation.
Current Affairs 2020
Indian Ocean Naval Symposium
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Current Affairs
Why in news?
• February 2020 : Chief of Indian Navy Admiral
Karamvir Singh visit Myanmar
• Myanmar is a member of Indian Ocean Naval
Symposium.
• 2020 :7th symposiums to be in France
Current Affairs
• 2008 : Inaugural IONS Seminar was held by the Indian Navy
• Subsequent seminars and meetings of the ‘Conclave of Chiefs’
held every two years( biennial meeting)
Current Affairs
• April 2018 : 6th symposiums @ Iran
• Nov 2018 - 10th anniversary celebration was held in Kochi,
Kerela.
• Theme “IONS as Catalyst for SAGAR’. SAGAR stands for
‘Security and Growth for All in the Region’.
Current Affairs
Current Affairs
• Members : 24 members grouped into 4 sub regions
1. South Asian Littorals: Bangladesh, India, Maldives,
Pakistan, Seychelles, Sri Lanka and United Kingdom (British
Indian Ocean Territory)
2. West Asian Littorals: Iran, Oman, Saudi Arabia and United
Arab Emirates
Current Affairs
3. East African Littorals: France (Reunion), Kenya, Mauritius,
Mozambique, South Africa, and Tanzania
4. South East Asian and Australian Littorals: Australia,
Indonesia, Myanmar, Singapore, Thailand and Timor-Leste.
9 observers including China,Japan
Current Affairs
REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP
29
Current Affairs
Current Affairs
Why in News?
• July 2019 - 26th round of negotiations for RCEP held
in Melbourne, Australia.
• February 2020 : 15 other countries excluding India
decided to enter into the trade agreement .
• Recently, India decided not to join RCEP
Current Affairs
BASICS:
• 10 ASEAN economies and six others (New Zealand,
Australia, China, India, Japan, and South Korea)
• Talks on seven of the sixteen chapters of the agreement
are complete
• But key areas of goods, services and investment are still
being negotiated.
• RCEP is likely to be signed by the middle of 2020.
Current Affairs
India’s Concerns
• India’s trade deficits widened with nations after signing FTAs
Example: India’s FTAs with the ASEAN, Japan, Korea, and
Singapore
• India’s merchandise trade deficit with RCEP = $105 billion in
FY19 (60% of its total deficit).
• Threat to domestic market
Current Affairs
• Dumping of Chinese goods
• Competing interests in agriculture, horticulture and dairy with
Australia and New Zealand.
• ‘WTO-plus’: India rejected International Union for the
Protection of New Varieties of Plants (UPOV), a provision going
beyond World Trade Organization
• .
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Current Affairs
Why in news?
• July 2019 : 12th Summit of African Union
• 54/55 member states signed African Continental Free Trade
Agreement (AfCFTA) for goods and services
• 27 countries ratified it.
Current Affairs
• Eritrea is only country not signing the agreement.
• Eritrea was administered by British Military Administration
until 1952.
• 1952 : UN General Assembly decision - Eritrea would govern
itself with a local Eritrean parliament but for foreign affairs
and defense it would enter into a federal status with
Ethiopia for a period of 10 years.
Current Affairs
• 1962 : Ethiopian government annexed Eritrea
• 1961 -1991 : Eritrea’s war of independence against Ethiopia
• May 1998 :Eritrea invaded Badme region of Ethiopia
• Ethiopia occupied disputed territory against Eritrea
Current Affairs
• May 1998 to June 2000 : Eritrean–Ethiopian War, in the
Horn of Africa
• December 12, 2000 : Algiers Agreement signed in Algeria
• 2018 Peace agreement
• Eritrean can participate in the free trade agreement.
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Current Affairs
• 7 July 2019 :Nigeria (Africa’s most populous country )was
one of the last nations to sign the agreement
• The unrecognized state of Somaliland was not a party to
the discussions related to the creation of the agreement.
Current Affairs
About AfCFTA
• AfCFTA would be world’s largest FTA to create an African
Common Market
• 1.2 billion people and a GDP of over $3.4 billion
• March 21, 2018 : Agreement brokered by African Union
• Signed by 44 of its 55 member states in Kigali, Rwanda
Current Affairs
• Members to remove tariffs on 90% of goods, allowing free
access to services across Africa.
• Free Trade zone should be operational from July 2020
• Intra Africa trade = 16% total trade of their goods and services
• AfCFTA will lead to a 60% boost in intra-African trade by 2022
Current Affairs
• Agreement to come into force 30 days after ratification by 22
signatory states.
• April 2, 2019 : Gambia became 22nd state to ratify the
agreement w
• Came into force on May 30 ,2019
Current Affairs
• Japan is the biggest ODA provider
• Japan keen to expand and work with India both in private and
public sector projects under the aegis of Asia Africa Growth
Corridor (AAGC).
Current Affairs
Asia Africa Growth Corridor
31
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• November 2016: Joint declaration by P.M Modi and P.M Shinzo Abe
• May 2017: India and Japan released a vision document on AAGC @
52nd Annual Meeting of African Development Bank (AfDB) in
Gandhinagar.
Current Affairs
• AAGC portrayed as a response to BRI
• China’s trade with Africa = $200 billion in 2018
• Africa and Japan = $17 billion
• 2000 – 2017: China loans $143 billion to African governments
Current Affairs
Four pillars of AAGC
1. Development and Cooperation Projects
2. Quality Infrastructure and Institutional Connectivity
3. Enhancing Capacities and Skills
4. People-to-People partnership
Current Affairs
Why in news?
• February 2020 : 33rd
summit in Addis
Ababa, Ethiopia
African Union
Current Affairs
BASICS:
• May 1963 : Organisation of African Unity (OAU) by 32 Heads of
independent African States in Addis Ababa
• September 1999: Sirte Declaration Libya calling for the
establishment of the African Union.
• July 2002 : African Union (AU) was officially launched in in
Durban, South Africa
• 55 Member States which represent all the countries on the
African continent
• Head quarters : Addis Ababa, Ethiopia
Current Affairs
• July 2019 : 12th Extraordinary Summit on AfCFTA @
Niamey , Niger
• 31 January 2015 : 24th Ordinary Assembly of African
Union in Addis Ababa- AGENDA 2063 adopted
• AGENDA 2063 :Africa’s blueprint for transforming Africa
into the global powerhouse
Current Affairs
Arab League
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Current Affairs
Why news ?
• September 2019 : Arab League condemned
Benjamin Netanyahu’s plans to annex the
eastern portion of the occupied West Bank
known as the Jordan Valley
Current Affairs
Current Affairs
• October 2019 : Arab League met in Cairo on to condemn
the Turkish move to invade north-eastern Syria
• April 2019 : 36 summit @ Tunis ,Tunisia
Current Affairs
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BASICS:
• October 1944 : Alexandria Protocol by five Arab countries
• Egypt, Iraq, Syria, Jordan Lebanon agreeing to the
formation of a joint Arab Organization
Current Affairs
• 22 March 1945 : formed in Cairo by six members
• Egypt, Iraq, Jordan , Lebanon, Saudi Arabia, and Syria.
• May 1945 : Yemen joined
• 22 members
• 22 February 2011 : Libya was suspended due to Libyan
Civil War
• 16 November 2011 : Syria was suspended
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Current Affairs
Palestine and Arab League
• 1964 : Cairo Summit of the Arab League initiated the creation
of Palestinian organization
• 2 June 1964: Palestinian Liberation Organization was founded
• Palestine is a full member of the Arab League.
• 28 March 2002 : Beirut Summit adopted the Arab Peace
Initiative, a Saudi- inspired peace plan for the Arab–Israeli
conflict.
Current Affairs
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Gulf Cooperation Council
33
Current Affairs
Why in news?
• December 2019 :
40th GCC summit in
Riyadh
Current Affairs
Basics:
• intergovernmental political and economic union
• All Arab states of the Persian Gulf except Iraq
• Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and UAE
• 25 May 1981 : GCC was formally established
Current Affairs
• All current member states are monarchies
• Three constitutional monarchies (Qatar, Kuwait, and Bahrain)
• Two absolute monarchies (Saudi Arabia and Oman)
• One federal monarchy (United Arab Emirates)
Current Affairs
• Discussions going on regarding the future membership of
Jordan, Morocco, and Yemen.
• 2011 : Saudi Arabia proposed to transform GCC into a “Gulf
Union” with tighter economic, political and military
coordination to counterbalance the Iran
Current Affairs
• Iraq is the only Arab country bordering the Persian Gulf
that is not a member of the GCC.
• Jordan and Morocco are the only two Arab monarchies
not currently in the council
• Jordan borders Saudi Arabia
• Jordon is economically connected to Persian Gulf States.
• Morocco is not near the Persian Gulf
Current Affairs
Current Affairs
Gulf Organization for Industrial Consulting (GOIC)
• 1976 : founded by the six GCC member states
• 2009 : Yemen joined
• Headquartered at Doha, Qatar
Current Affairs
Rift with Qatar
• Qatar–Saudi Arabia diplomatic conflict
• Qatar’s support for the Muslim Brotherhood across the
Middle East-North
• Africa (MENA) region, Hamas and radical Islamists in Libya
destabilising the region
Current Affairs
• 5 June 2017: Bahrain, Saudi Arabia, UAE and Egypt had
officially cut diplomatic ties with Qatar
• June 2017: Saudi Arabia, UAE and Bahrain put a ban on
Qataris and their businesses.
• Khaleeji was a proposed name for the common currency of
GCC
Current Affairs
Why in news?
• Sep 27, 2019 : Four-way dialogue between
the US, Japan, India and Australia - for a
free and open Indo-Pacific - was held at
the foreign ministers level for the first time
on the side-lines of the UN General
Assembly.
• Quadrilateral has so far met at the level of
Joint Secretary-rank officials only.
QUAD 34
Current Affairs
About QUAD
• United States, Japan, Australia and India.
• Formed in the response to the 2004-2005 Asian Tsunami
• The dialogue was initiated in 2007 by Prime Minister
Shinzo Abe of Japan.
• During 2017 ASEAN Summits 4 members re-joined in
negotiations to revive QUAD
Current Affairs
Why in news?
• October 25-26, 2019 : Vice-
President Venkaiah Naidu
attended 18th NAM summit at
Baku in Azerbaijan.
NON-ALIGNED MOVEMENT 35
Current Affairs
• Theme of 18th summit: ‘Upholding the Bandung Principles
to ensure concerted and adequate response to the
challenges of contemporary world’.
• This is the second time in a row that PM Narendra Modi
will skip the summit
Current Affairs
About NAM
• The Movement has its origin in the Asia-Africa
Conference held in Bandung, Indonesia in 1955.
• first conference (the Belgrade Conference) in 1961
under the leadership of India, Yugoslavia, Egypt, Ghana,
and Indonesia.
• It has 120 members as of 2018
Current Affairs
• Key principles of NAM: based on the five principles of
Panchasheel.
1. mutual respect for each other’s territorial integrity
and sovereignty
2. non-interference in each other’s military and internal
affairs
3. mutual non-aggression
4. equality and mutual benefit
5. peaceful coexistence and economic cooperation
Current Affairs
Why in News?
• Sri Lanka’s former Prime
Minister Ranil Wickremesinghe
has pitched for revival of
SAARC
• 2020 SAARC Summit will take
place in Islamabad.
36
Current Affairs
Background
• April 1947 : Asian Relations Conference held in New
Delhi
• Countries from all four corners of Asia participated
• May 1950: Baguio Conference in the Philippines
• Australia, Ceylon, India, Pakistan and Thailand
participated
• April 1954 : Colombo Powers Conference held in Sri Lanka
Current Affairs
• Ceylon, Indonesia, Burma, India and Pakistan participated
• 1985 : SAARC Charter in Dhaka signed by India, Pakistan,
Sri Lanka, Bangladesh, Maldives, Nepal ,Bhutan
• Secretariat in Kathmandu, Nepal
• April 2007 : Afghanistan joined SAARC as its eighth
member state
Current Affairs
Summits in India:
• 2nd in 1986, Bengaluru
• 8th in 1995, New Delhi
• 14th in 2007 ,New Delhi
Current Affairs
• November 2014 : The last SAARC summit (18th ) was held
in Kathmandu
• 19th Summit 2016 scheduled in Pakistan got cancelled due
to Pathankot and Uri attacks
• India, Afghanistan, Bangladesh, Bhutan, Maldives and Sri
Lanka boycotted
• 2016 : South Asia Free Trade Agreement (SAFTA) came into
force
• intra-regional trade at less than 5% of total trade
Current Affairs
Why in news?
• February 2020 : A meeting of
Bangladesh, Bhutan, India and Nepal
(BBIN) on the BBIN Motor Vehicles
Agreement (MVA) was held in New
Delhi
BBIN AGREEMENT 37
Current Affairs
• The delegations discussed a draft enabling
MOU (memorandum of understanding)
among Bangladesh, India and Nepal for
implementing the BBIN MVA, without
obligation to Bhutan.
BBIN AGREEMENT
Current Affairs
About BBIN MVA
• November 2014 : SAARC at its 18th Summit in Kathmandu
failed to sign a SAARC Motor Vehicles Agreement because
of Pakistan.
• So BBIN was conceived
• June 2015 : Bangladesh, Bhutan, India and Nepal signed a
sub-regional Motor Vehicle Agreement
• India, Nepal and Bangladesh have ratified the Agreement
while Bhutan failed to get its Parliament’s nod to ratify
due to environmental concerns
Current Affairs
• Under South Asia Sub-regional Economic Cooperation
(SASEC) programme, Asian Development
• Bank (ADB) has been providing technical, advisory, and
financial support to this initiative.
• On November 1, 2015, a cargo vehicle made the first
successful trial run from Kolkata to Agartala via
Bangladesh that reduced the distance by over a
thousand kilometres.
Current Affairs
• 2001: Bangladesh, Bhutan, India,
and Nepal requested ADB
assistance to promote economic
cooperation in the subregion,
leading to the creation of the
SASEC
38
Current Affairs
• May 2014: Maldives and Sri Lanka were
welcomed as new member countries
• February 2017 : Myanmar became the
seventh member
• Secretariat : Asian Development Bank (ADB)
in Manila (Philippines)
Current Affairs
Why in News?
• January 2020 : United Kingdom has
officially left the European Union (EU)
after 47 years of membership.
BREXIT 39
Current Affairs
Background
• Article 50 of Lisbon Treaty provides for exit of member countries
from European Union.
• 1973 : United Kingdom joined
• 2016 : referendum people decided that UK should leave EU.
Current Affairs
• 2017: UK formally triggered Article 50 of Lisbon treaty and began the two-year countdown of BREXIT.
• On 31st January 2020 UK became the first state to leave the EU
• UK will vacate its position from all EU institutions including membership in EU & parliament.
Current Affairs
European Union
• 1951 : Paris Treaty between France, West Germany, Italy and the three
Benelux countries (Belgium, Luxembourg, and the Netherlands),
establishing the European Coal and Steel Community (ECSC)
• 1957 Rome Treaty : Belgium, France, Italy, Luxembourg, the Netherlands
and West Germany established the European Economic Community
• 1991/1993 : Maastricht Treaty formally established European Union
• 2007/2009 : Treaty of Lisbon brought constitutional amendment
• EU is an economic and political union involving 27 European countries
Current Affairs
EU and India FTA
• EU and India have been negotiating a FTA since 2007
• Broad-based Trade & Investment Agreement (BTIA)
• BTIA talks stalled in 2013, only resuming in 2018.
• EU is largest trading partner of India accounting for €92
billion worth of trade in goods in 2018 or 12.9 per cent of
total Indian trade, ahead of China (10.9 per cent) and the
US (10.1 per cent).
Current Affairs
Why in News?
• February 2020 : FATF strongly urges
Pakistan to swiftly complete its full
action plan by June 2020.
40
Current Affairs
• About FATF
• FATF was established in July 1989 by a G-7 countries in a
Summit held in Paris.
• The initial motive of FATF was to examine and develop
measures to combat money laundering.
• In October 2001, the FATF expanded its wings to incorporate
efforts to combat terror financing, money laundering, and
human trafficking.
Current Affairs
• As of 2019, FATF consists of thirty-seven member
jurisdictions.
• India became an Observer at FATF in 2006.
• On June 25, 2010 India was taken in as the 34th
country member of FATF.
Current Affairs
• FATF has 2 types of lists;
• 1. Black List:Countries that are supporting terror funding
and money laundering activities are placed in the Black
• 2. Grey List: is a warning given to the country that it might
come in Black list .
Current Affairs
Pakistan was included in the grey list for the first time in
2012 and remained in it till 2015.
On 29 June, 2018 FATF Grey listed Pakistan for the second
time.
Current Affairs
Pakistan was asked to implement the FATF 27-point Action
Plan fully by September 2019.
Pakistan addressed only 14 of 27 action items given to it
for controlling funding to terror groups like the Lashkar-e-
Taiba and Jaish-e-Mohammad.
So it will remain on the grey list of Financial Action Task
Force (FATF) till June 2020