India And The Commonwealth Of Nations
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India And The Commonwealth Of Nations
India, officially the Republic of India, has full diplomatic relations with 201 states, including Palestine, the Holy See, and Niue. The Ministry of External Affairs (India), Ministry of External Affairs (MEA) is the government agency responsible for the conduct of foreign relations of India. With the world's List of countries by military expenditures, third largest military expenditure, List of countries by number of military and paramilitary personnel, second largest armed force, List of countries by GDP (nominal), fourth largest economy by GDP nominal rates and List of countries by GDP (PPP), third largest economy in terms of purchasing power parity, India is a prominent regional power and a Indian Century, potential superpower. According to the MEA, the main purposes of Indian diplomacy include protecting India's national interests, promoting friendly relations with other states, and providing consular services to "foreigners and Indian nationals abroad." In recent deca ...
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Policy Of Deliberate Ambiguity
In the context of global politics, a policy of deliberate ambiguity (also known as a policy of strategic ambiguity or strategic uncertainty) is the practice by a government or non-state actor of being deliberately ambiguous with regard to all or certain aspects of its operational or positional policies. This is typically a way to avoid direct conflict while maintaining a masked more assertive or threatening position on a subject (broadly, a geopolitical Risk aversion (psychology), risk aversion strategy). Examples of geopolitical ambiguity China Currently, two governments claim Legitimacy (political), legitimate rule and sovereignty over all of China, which they claim includes mainland China, Hong Kong, Macau and Taiwan, as well as some other islands. The History of the People's Republic of China, People's Republic of China (PRC) rules mainland China under a one-party system and Hong Kong and Macau as Special administrative regions of the People's Republic of China, special ad ...
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Asian Infrastructure Investment Bank
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank and international financial institution that aims to collectively improve economic and social outcomes in Asia. It is the world's second largest multi-lateral development institution. Headquartered in Beijing, China, the bank currently has 110 members, including 12 prospective members from around the world. The breakdown of the 110 members by continents are as follows: 42 in Asia, 26 in Europe, 22 in Africa, 10 in Oceania, 8 in South America, and 2 in North America. The bank started operation after the agreement entered into force on 25 December 2015, after ratifications were received from 10 member states holding a total number of 50% of the initial subscriptions of the Authorized Capital Stock. The United Nations has addressed the launch of AIIB as having potential for "scaling up financing for sustainable development" and to improve the global economic governance. The starting capital of the b ...
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IBSA Dialogue Forum
The IBSA Dialogue Forum ( India, Brazil, South Africa) is an international tripartite grouping for promoting international cooperation among these countries. It represents three important poles for galvanizing South–South cooperation and greater understanding between three important continents of the developing world namely, Africa, Asia, and South America. The forum provides the three countries with a platform to engage in discussions for cooperation in the field of agriculture, trade, culture, and defence among others. The IBSA Dialogue Forum plays an increasingly important role in the foreign policies of India, Brazil, and South Africa. It has become instrumental for promoting ever closer coordination on global issues between three large multicultural and multiracial democracies of Asia, South America and Africa, and contributed to enhancing trilateral India-Brazil-South Africa cooperation in sectoral areas. Origin After the co-operation between India (South Asia), Br ...
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G8+5
The Group of Eight + Five (G8+5) was an international group that consisted of the leaders of the heads of government from the G8 nations (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States), plus the heads of government of the five leading emerging economies (Brazil, China, India, Mexico, and South Africa). In March 2014, Russia was removed from the Group of 8 for annexing Crimea, so the G8+5 in its original form is unlikely to reconvene with Russia present. February 2007 declaration On February 16, 2007, The Global Legislators Organisation ( GLOBE International) held a meeting of the G8+5 Climate Change Dialogue at the GLOBE Washington Legislators Forum in Washington, D.C., where a non-binding agreement was reached to cooperate on tackling global warming. The group accepted that the existence of man-made climate change was beyond doubt, and that there should be a global system of emission caps and carbon emissions trading applying to bo ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ...
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World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, trade in services, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, Import quota, quotas, and other Trade barrier, restrictions; these agreements are signed by representatives of member governments. (The document's printed folio numbers do not match the PDF page numbers.) and ratified by their legislatures. It also administers independent dispute resolution for enforcing ...
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East Asia Summit
The East Asia Summit (EAS) is a regional forum held annually by leaders of, initially, 16 countries in the East Asian, Southeast Asian, South Asian and Oceanian regions, based on the Association of Southeast Asian Nations#ASEAN Plus Three and ASEAN Plus Six, ASEAN Plus Six mechanism. Membership expanded to 18 countries including Russia and the United States at the Sixth East Asia Summit, Sixth EAS in 2011. Since its establishment, Association of Southeast Asian Nations, ASEAN has held the central role and leadership in the forum. EAS meetings are held after the annual ASEAN leaders' meetings, and plays an important role in the regional architecture of Asia-Pacific. The first summit was held in Kuala Lumpur, Malaysia on 14 December 2005. History History prior to the first East Asia Summit The concept of an East Asia Grouping has significant history going back to an idea first promoted in 1991 by then Malaysian Prime Minister Mahathir Mohamad. The final report in 2002 of the ...
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Non-Aligned Movement
The Non-Aligned Movement (NAM) is a forum of 121 countries that Non-belligerent, are not formally aligned with or against any major power bloc. It was founded with the view to advancing interests of developing countries in the context of Cold War confrontation. After the United Nations, it is the largest grouping of states worldwide. The movement originated in the aftermath of the Korean War, as an effort by some countries to counterbalance the rapid bi-Polarity (international relations), polarization of the world during the Cold War, whereby two major powers formed blocs and embarked on a policy to pull the rest of the world into their orbits. One of these was the pro-Soviet socialist bloc whose best known alliance was the Warsaw Pact, and the other the pro-American capitalist group of countries, many of which belonged to NATO. In 1961, drawing on the principles agreed at the Bandung Conference of 1955, the Non-Aligned Movement was formally established in Belgrade, Socialist Fe ...
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G-20
The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development, through annual meetings of Heads of State and Heads of Government. The sovereign states of the G20 (without its international members, like the EU or AU) account for around 85% of gross world product (GWP), 75% of international trade, 56% of the global population, and 60% of the world's land area. Including the EU and AU, the G20 comprises 78.9% of global population and 83.9% of global CO2 emissions from fossil energy. The G20 was founded in 1999 in response to several world economic crises. Since 2008, it has convened at least once a year, with summits involving each member's head of government or state, finance minister, or foreign minister, and other high-ranking officials; ...
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BRICS
BRICS is an intergovernmental organization comprising ten countriesBrazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. The idea of a BRICS-like group can be traced back to Russian foreign minister Yevgeny Primakov and to the two forums RIC (Russia, India, China) and IBSA (India, Brazil, South Africa). BRIC was originally a term coined by British economist Jim O'Neill and later championed by his employer Goldman Sachs in 2001 to designate the group of emerging markets. The first summit in 2009 featured the founding countries of Brazil, Russia, India, and China, where they adopted the acronym BRIC and formed an informal diplomatic club where their governments could meet annually at formal summits and coordinate multilateral policies. In April 2010, South Africa attended the 2nd BRIC summit as a guest. In September 2010 they joined the organization which was then renamed BRICS, and attended the 3rd BRICS summit in 2011 ...
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Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank to promote social and economic development in Asia. The bank is headquartered in Metro Manila, Philippines and maintains 31 field offices around the world. The bank was established on 19 December 1966 and admits the members of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE), and non-regional developed countries. Starting with 31 members at its establishment, by 2019 ADB had 69 members. The ADB was modeled closely on the World Bank and has a similar weighted voting system, where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget, and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions located in 10 countries within the Region. After comple ...
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