Todays global economy is more integrated as compared to the cold war era. Exchange intellectual property information. The INSPIRE (Innovation in Science Pursuit for Inspired Research) scheme is, The Government of India has successfully implemented the INSPIRE scheme. If we want to achieve a double-digit growth over a sustained period and create jobs, our external trade has to grow at more than 15% a year, which is not possible in an uncertain trading environment. 18. 20. 'Clean energy is the order of the day.' Critically examine the role of WHOin providing global health security during the Covid-19 pandemic. The private sector in Nepal, especially the cartels in the garb of trade associations, are fighting tooth and nail against foreign investments. The other publications of the Ozone Cell of the Ministry of Environment, Forests and Climate Change released on the occasion include: Implementation of actions emerging from ICAP will supplement efforts in, Adopted on 16 September 1987, the Protocol is to date the. It has a trade surplus with most of the countries in Asia including India. India further bolstered its Look East Policy with the announcement of the Act East Policy in 2014, through which it seeks to revive and reinvigorate its relationship with ASEAN and expand beyond the region to encompass Koreas, Australia, New Zealand, Bangladesh as well as countries in the Far East. In most of the Southeast Asian countries, the Indian community has integrated itself very well with the local populace. In March 1948, following a virtual communist coup dtat in Czechoslovakia in February, the three governments began discussions on a multilateral collective-defense scheme that would enhance Western security and promote democratic values. Recently, the Indian Prime Minister visited Lumbini, Nepal, the birthplace of Buddha, where he laid a foundation stone along with the Nepalese Prime Minister for a Buddhist Vihara, being built with Indian assistance. Agenda 21, Convention on Biological Diversity, Forest Principles and the Framework Convention on Climate Change came out of the 1992 Earth Summit. Indias energy relation with West Asian countries are intricately related with the Central Asian countries. The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. Such cooperation shall not be inconsistent with bilateral and multilateral obligations. But India also has huge stake in the region as it is important for Indias ambition as regional power, securing energy and trade transit needs. Clarifying and improving disciplines under the Anti-Dumping and Subsidies agreements. In what ways would the ongoing U.S-Iran Nuclear Pact Controversy affect the national interest of India? Upholding the interests of the smaller economies in Doha round of WTO. Editorial on Gender Equity and Uniform Civil Code, Mains Practice Question (GS paper 1) - "Discuss the role played by Sardar Vallabhbhai Patel in Indias freedom struggle.", Know the important terms ahead of COP 27 - IN FOCUS | Drishti IAS English Watch On YouTube, November 2022: Week-1 Weekly Revision MCQs. Equally, there is a cultural, linguistic, religious and culinary affinity that defines South Asia. www.wjpps.com Vol 5, Issue 6, 2016. How far do you agree that the behaviour of the Indian monsoon has been changing due to humanizing landscape? What importance does it hold for India? ; Risk. We would like to show you a description here but the site wont allow us. Increase scope of Chabahar to become a vital gateway and the shortest land route to Central Asia. It is important that Nepal conveys this message that it. In Malaysia and Myanmar, almost all important spheres of life like the civil services, education, professional services, trade and commerce are largely in the hands of the Indian community. SAARC is more about territorial connectivity (BBIN Motor Vehicle Agreement) while BIMSTEC focuses more on maritime association. Their strategic importance for Indias national security. 4. Trusteeship Council. The basic tenets on which the two political systems based are: Though the US and Indian political systems are similar in many respects, yet they are the product of their unique history and socio-economic milieu, and varying political culture. (a) 1 and 2 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2 and 3. What is QUAD? The Indian Ocean Dipole (IOD) is an atmosphere ocean coupled phenomenon in the tropical Indian Ocean (like the El Nino is in the tropical Pacific), characterised by a difference in Sea-Surface Temperatures. The BRICS brings together five of the largest developing countries of the world, representing 41% of the global population, 24% of the global GDP and 16% of the global trade. The announcement of the US to withdraw from this cultural body has once again highlighted the politicization of its activities and limitation of funds-. These negotiations take place in special sessions of the Dispute Settlement Body (DSB). It was established in 1945 by the UN Charter, under Chapter XIII. Ocean. Discuss the strength and impact of AUKUS in the present scenario. Enable India to utilize the existing transport and transit corridor to facilitate trade and commercial interactions with the Eurasian region through better integration with Eurasian Economic Union and Shanghai Cooperation Organization. Pakistan also walked away from agreements on road connectivity which resulted in a sub-regional cooperation called BBIN framework between Bangladesh, Bhutan, India and Nepal. The challenges of terrorism, radicalism, and instability pose a grave threat to Indian sovereignty and integrity. Chinas economic initiatives like One Belt One Road (OBOR) and Maritime Silk Road (MSR), though promoted primarily as economic initiatives have strategic undertone. In 2014, the US emerged as the top arms supplier to India, pushing Russia to the second position. 4. India already has substantial soft power potential in Central Asia. 19. ; It depends on the susceptibilty and recovering capability of the subject. To promote energy efficiency in the urea units. The Uruguay Round, conducted from 1987 to 1994, culminated in the Marrakesh Agreement, which established the World Trade Organization (WTO). "The holding will call into question many other regulations that protect consumers with respect to credit cards, bank accounts, mortgage loans, debt collection, credit reports, and identity theft," tweeted Chris Peterson, a former enforcement attorney at the CFPB who is now a law The IOD affects the climate of Australia and other countries that surround the. (2015), (a) Bretton Woods Conference(b) Montreal Protocol (c) Kyoto Protocol (d) Nagoya Protocol, For Prelims: Ministry of Textiles, National Technical Textiles Mission, Make in India, Production Linked Incentive (PLI) Scheme for Textiles Sector, For Mains: Significance of Technical Textile in the Indian Economy. In USA, democracy got its full swing with the drafting of the US Constitution in 1789 while the democracy in India is partially a result of British rule followed by the enforcement of the new, modern and living constitution, framed after Independence. To sustain the high economic growth of around 8% in the coming decades, energy security is of paramount importance to India. To sustain the high economic growth of around 8% in the coming decades, energy security is of paramount importance to India. To cooperate with international and regional organizations with similar aims and purposes. In this sense, peace must be established on the basis of humanity and our moral and intellectual solidarity with one another. In Philippines and Indonesia, members of the Indian Community have played a prominent role in the export of textile products which has powered their economy in the recent past. The WTOs system deals with these in two ways. 9. Economic development of Indias northeastern states by linking them to the Bay of Bengal region via Bangladesh and Myanmar. The older generations, in particular make a special endeavour to keep Indian religious traditions and languages alive by holding religious and language classes in temples, mosques and gurudwaras. Despite Indias efforts to develop its domestic energy capacity, it is dependent on imports for 80% of its oil needs, of which roughly 55% is sourced from the Persian Gulf region and more than 80% of gas supplies. Chinas deepening relation with South Asian countries, where China is involved in infrastructure building, poses. 94. (2016). What is QUAD? In the Mekong-Ganga Cooperation, an initiative of six countries, which of the following is/are not a participant/ participants? All 30 allies have an equal say, the Alliances decisions must be unanimous and consensual, and its members, After World War II in 1945, western Europe was. The two organisations focus on geographically overlapping regions. (2016). Download Solution PDF. (2016). Do you think that BIMSTEC is a parallel organisation like the SAARC? With a warming climate, more moisture will be held in the atmosphere, leading to heavier rainfall, consequently, inter-annual variability of the monsoon will increase in future. 10. Several countries out of these 14 called to, A republic is a form of government in which, Thus, it is likely that during the reign of the, The Commonwealth of Nations is a group of. It is the grouping of four democracies India, Australia, the US, and Japan. Indias climate change policy has undergone a significant change over the years, from seeking energy security to taking initiative in the field of clean energy at a global level, the countrys diplomatic stand at the Conference of Parties reflects its pro-environment outlook. India is Nepals largest trade partner and the largest source of foreign investments, besides providing transit for almost the entire third country trade of Nepal. The changed scenario has an impact on India and the USA. Balancing of power with the presence of Thailand and India on the bloc. Out of the 7 members, Five are from South Asia Bangladesh; Bhutan; India; Nepal; Sri Lanka Coalitions give developing countries a stronger voice in negotiations. ECOSOC helps United Nations system to advance the three dimensions of sustainable development economic, social and environmental. Special Safeguard Mechanism for Developing Country Members. Japan is taking the North-East Road Network Connectivity improvement project, this will be a crucial link in Indias Act East policy. The detailed rules for the implementation of the protocol were adopted as CoP7 in Marrakesh, Morocco in 2001 and referred as the Marrakesh Accord. Thus, though AUKUS offers the advantage of balance of power, strategic autonomy, and a check on Chinese aggression, it also has significant challenges as it has been termed as Indo-Pacific NATO. Smart India Hackathon, 2017 was a 36 hour non-stop digital product development competition during which teams of thousands of technology. A regional organisation looking into South Asia. The WTO can cut the cost of doing business internationally. Sri Lanka is one of the neighboring countries of India. An increase in yield of paddy, sugarcane, maize, soybean, Tur/Red Gram. The two major accomplishments of the conference were the creation of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD). Russia has been a longstanding and time-tested partner. The sector (domestic and exports) provides employment to around 142 million people, comprising. It will boost India make in India initiative. (a) Release of Neem oil in the soil increases nitrogen fixation by the soil microorganisms. However, critics allege that AUKUS is also likely to supersede the existing partnership in the region. More than 40% Indian economy is exposed to international trade. Quadrilateral Security Dialogue (Quad) is transforming itself into a trade bloc from a military alliance, in present times Discuss. Likewise, SCO seeks to safeguard regional peace, security, and stability. Role of I2U2 to Transform Indias Position in Global Politics. As for military recovery, under the Brussels Treaty of 1948, the United Kingdom, France, and the Low CountriesBelgium, the Netherlands, and Luxembourgconcluded a collective-defense agreement called the Western European Union. 35% average cut on industrial goods Tariff, Commitments on use of anti-dumping laws. Indian economy is one of the fastest growing major economy in the world. The total requirement of four fertilisers , The benefits of use of NCU are as under:-. In Feb 2021, Nigeria's Ngozi Okonjo-Iweala was appointed as Director-General of the World Trade Organisation (WTO), the leading international trade body. Created in 2001, the Shanghai Cooperation Organisation (SCO) is a Eurasian political, economic, and military organisation aiming to maintain peace, security, and stability in the region. Further, the energy imports from Iran picked up in the recent past after the easing of sanctions by, Though countries such as Saudi Arabia, Kuwait, Iran, Iraq, Indias energy relation with West Asian countries, Indias energy policy engagement with the West Asian region is also related to providing maritime security in the region as most of the shipping vessels pass through. ; All four nations find a common ground of being democratic nations and also support the common interest of unhindered maritime trade and security. Which one of the following is associated with the issue of control and phasing out of the use of ozone depleting substances? Cripps Mission headed by Stafford Cripps was sent by the British Government in 1942 to secure the cooperation of India in the Second World War. Editorial on Gender Equity and Uniform Civil Code, Mains Practice Question (GS paper 1) - "Discuss the role played by Sardar Vallabhbhai Patel in Indias freedom struggle.", Know the important terms ahead of COP 27 - IN FOCUS | Drishti IAS English Watch On YouTube, November 2022: Week-1 Weekly Revision MCQs. (2017), (a) 1 and 3 only (b) 2 only (c) 3 only (d) 2 and 3 only. 10. By providing nuclear submarines to Australia, it will enhance its capabilities to project power in the Indo-Pacific. Trade, foreign, finance and agriculture Ministers from more than 120 World Trade Organization Member governments and from those in the process of acceding to the WTO participated. Quite a few Indian settlers have married the natives. Currently, the following non-NATO countries take part in the Dialogue: Algeria, Egypt, Israel, Jordan, Mauritania, Morocco and Tunisia. A central problem in negotiation was the difficulty of getting well over 150 countries to reach a consensus. Both focus on economic and regional cooperation. Evaluate the economic and strategic dimensions of Indias Look East Policy in the context of the post Cold War international scenario. (c) Nitrous oxide, which is a greenhouse gas, is not at all released into atmosphere by crop fields. So, the GATT became the only multilateral instrument governing international trade from 1948 until the WTO was established in 1995. Unlike in agriculture and NAMA, the services negotiations are not based on a modalities text. 3. In 2021, overnight shift to organic farming impacted food production. Indias Support to Sri Lanka in the Recent Crisis. India wants the discussions on these non-trade and WTO-plus issues to take place only after outstanding matters related to the Doha Round negotiations have been resolved. Russias Military Exports: Russia has been one of the largest arms exporters to India. and to reduce tariffs on merchandise trade, Despite its institutional deficiencies, the. What is Indias position on these? ASEAN is India's fourth largest trading partner. The treaty talks about the reciprocal treatment of Indian and Nepali citizens in the two countries, in residence, property, business and movement. (a) 1, 2, 4 and 5 (b) 3, 4, 5 and 6 (c) 1, 3, 4 and 5 (d) 2, 3, 4 and 6. As the founding member of the Non-Alignment Movement (NAM), India propagated its vision among the newly independent countries of the colonized world to not align with any of the power blocks as these newly independent countries were weak in terms of military, economics and development aspects. Ashgabat Agreement - A multimodal international agreement aiming at the establishment of Transport and Transit corridor between Uzbekistan, Turkmenistan, Oman and Iran and enhance connectivity within the Eurasian region. Asian Trilateral Highway - connecting India and Thailand through Myanmar. What introduces friction into the ties between India and the United States is that Washington is still unable to find for India a position in its global strategy, which would satisfy Indias National self-esteem and ambitions Explain with suitable examples. 2. Also, Pakistan has been singularly stalling the process of economic integration through its policy of disallowing connectivity through its territory. Exchange intellectual property information. Ensure consensus among all 162 WTO members for taking up the agenda. SAARC has a Free Trade Agreement, but BIMSTEC does not have one. Russia and Ukraine have been at odds over Crimea, with Kiev accusing Moscow of trying to legitimise its annexation of the territory through UNESCO. Further, not all the former British colonies are the member of Commonwealth like the USA. Thus India has developed Chabahar port in Iran to access the Central Asian energy market. The Uruguay Round, conducted from 1987 to 1994, culminated in the Marrakesh Agreement, which established the World Trade Organization (WTO). What are the key areas of reform if the WTO has to survive in the present context of Trade War, especially keeping in mind the interest of India? It was established in 1945 by the UN Charter, under Chapter XIII. Editorial on Gender Equity and Uniform Civil Code, Mains Practice Question (GS paper 1) - "Discuss the role played by Sardar Vallabhbhai Patel in Indias freedom struggle.", Know the important terms ahead of COP 27 - IN FOCUS | Drishti IAS English Watch On YouTube, November 2022: Week-1 Weekly Revision MCQs, Groupings & Agreements Involving India and/or Affecting India's Interests, National Technical Textiles Mission (NTTM), Role of Philanthropy in Accelerating Economic Growth, Impact of Climate Change on Indian Monsoon, Effect of Policies & Politics of Countries on India's Interests, PM PRANAM (Promotion of Alternate Nutrients for Agriculture Management Yojana), The Economic Ministers or their representatives from all the, The Ministers noted that trade and economic relations between ASEAN and India are starting to recover, The Ministers also took note of the recommendations made by, ASEAN India-Business Council (AIBC) was set up in March 2003 as a forum. While members of the Commonwealth are predominantly located in Africa, the Americas, Asia, and the Pacific, with many of them emerging economies, the three European members of the group are Cyprus, Malta, and the U.K. This is evident from China Pakistan Economic Corridor (CPEC) which has potential to emerge as a threat to India. The Summit series has emerged as the premier international event on sustainability which focuses on the global future. The TPRB is thus open to all WTO Members. Bahrain, Kuwait, Qatar and the United Arab Emirates currently participate in the Initiative. How Himalayan and coastal states of India will be affected by climate change? The last few decades have seen an exponential rise of China as a competitor of the US on the global stage. 9. But India-Pakistan-Russia-China relations create a complex matrix of diverging and conflicting interests. The death of Queen Elizabeth II of the United Kingdom, marks not only the end of an era for the British monarchy but also a turning point for the 14 Commonwealth realms of which she was the Head of State. It makes different coefficients for developed and developing countries.