The Ministerial Conference is the highest decision-making body of the WTO and meets at least once every two years. Main points of discussion in MC11 Service negotiation under GATS will be on priority: Domestic regulation: to address the contentious issue of professional visa fee hikes by the likes of the US and UK, which India has been claiming are discriminatory. Agreement on Trade Facilitation in Service … Continue reading Everything about TFA, GATS and WTO Ministerial Conference
China and Myanmar have moved a step closer on negotiating the China-Myanmar economic corridor. This initiative is being given a high priority on account of the stalled Bangladesh-China-India-Myanmar (BCIM) connectivity proposal. The negotiations for the formation of the BCIM corridor have virtually been stalled after Beijing went ahead with its plans to establish the China-Pakistan economic corridor. Y- shaped corridor China-Myanmar economic corridor will be … Continue reading China Myanmar Economic Corridor
INDIA- SINGAPORE RELATIONS • India’s connection with Singapore dates back to the Cholas who are credited with naming the island and establishing a permanent settlement. • The close relationship shared by India and Singapore is based on convergence of economic and political interests. • The process of economic reforms in India since the early 1990s created a strong basis for cooperation with Singapore, opening up … Continue reading Everything about INDIA- SINGAPORE Relations.
Global Entrepreneurship Summit (GES) • It is the preeminent annual entrepreneurship gathering that convenes emerging entrepreneurs, investors and supporters from around the world. • It was started by U.S. government in 2010. • It serves as a vital link between governments and the private sector and convenes global participants to showcase projects, network, exchange ideas and champion new opportunities for investment. Aim • It aims … Continue reading Everything about Global Entrepreneurship Summit (GES)
How will NSG membership help India? Clean energy push: India is a growing country with massive energy needs. It has set for itself an ambitious goal of sourcing 40% of its power from non-fossil sources and here is where nuclear energy comes into play. India will need latest technology and NSG membership will come in handy. Though it got a one-time NSG waiver in 2008, … Continue reading How will NSG membership help India?
The nuclear Non-Proliferation Treaty came into force in 1970, following widespread international concern about the risk of nuclear weapons proliferation and the spiraling nuclear weapon stocks of those states that had developed them. The NPT is a multilateral treaty aimed at limiting the spread of nuclear weapons including three elements: (1) non-proliferation, (2) disarmament, and (3) peaceful use of nuclear energy. It says: States without … Continue reading About the Nuclear Non-Proliferation Treaty (NPT):
The charter is vague in defining the duties of the secretary-general, the United Nations’ top official. He or she is expected to show no favoritism to any particular country, but the office is largely dependent on the funding and goodwill of the most powerful nations. The Security Council — notably the P5 — chooses the secretary-general, by secret ballot, to serve a maximum of two … Continue reading UN Secretary General