Multilateral

BIMSTEC : Kathmandu Declaration

The 4th BIMSTEC Summit concluded in Kathmandu with signing and adoption of Kathmandu Declaration by all the seven members (India, Nepal, Bangladesh, Bhutan, Sri Lanka, Myanmar and Thailand).   Kathmandu Declaration 18-point Kathmandu Declaration aims to enhance effectiveness of BIMSTEC Secretariat by engaging it in various technical and economic activities in the region. It acknowledges …

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BRICS 10th summit: Johannesburg Declaration

BRICS 10th Summit: The 10th summit, framed its deliberations against U.S. President Donald Trump’s unconventional approach on world affairs, particularly the looming trade wars. BRICS leaders, stressed “the centrality of the rules-based, transparent, non-discriminatory, open and inclusive multilateral trading”, based on the World Trade Organisation. This stemmed from their broader commitment to cooperate for strengthening …

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India-SAARC Relations

Facts: India’s financial assistance to SAARC neighbours declined considerably in the past five years. The one exception was the Maldives, to which Indian assistance has been consistently increasing year on year since 2013, despite the dip in bilateral ties. Reason for decline in financial assistance: In Afghanistan, India has shifted to work on small development …

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RCEP

Regional Comprehensive Economic Partnership RCEP is the proposed mega-regional Free Trade Agreement (FTA) between 16 Asia-Pacific countries. It includes India, China, Japan, South Korea, Australia, New Zealand and the 10-member ASEAN bloc. The RCEP negotiation process had started in 2013 and is unlikely to be concluded by the end of 2016. The proposed FTA aims …

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Comprehensive Convention on International Terrorism (CCIT)

CCIT is a draft proposed by India in 1996 that is yet to be adopted by the UNGA. Despite India’s efforts to push a global intergovernmental convention to tackle terrorism, the conclusion and ratification of the CCIT remains deadlocked, mainly due to opposition from three main blocs – the US, the Organization of Islamic Countries …

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