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Subject: Global Groupings and Conventions

Important International institutions, agencies and fora- their structure, mandate.

  • What is the Moscow-dominated security pact ‘CSTO’?

    Central idea: Armenia’s PM accused the Moscow-dominated security alliance Collective Security Treaty Organisation (CSTO) of leaving Armenia in the cold amid renewed hostilities with Azerbaijan.

    What did Armenia say?

    • Armenia has repeatedly criticized the CSTO for its failure to protect itself.
    • Russia has maintained a delicate diplomatic balancing act between Armenia and Azerbaijan, avoiding any forceful action.

    What is CSTO?

    • The CSTO is a Russia-led military alliance of seven former Soviet states that was created in 2002.
    • Current CSTO members are Armenia, Belarus, Kazakhstan, Kyrgyzstan, the Russian Federation and Tajikistan. Afghanistan and Serbia hold observer status in the CSTO.
    • Its purpose is to ensure the collective defense of any member that faces external aggression.
    • It has been described by political scientists as the Eurasian counterpart of NATO, which has 29 member states, while the CSTO has just six.

    Outlined functions of CSTO

    • CSTO supports arms sales, manufacturing, and military training and exercises, making the CSTO the most important multilateral defense organization in the former Soviet Union.
    • Beyond mutual defense, the CSTO also coordinates efforts in fighting the illegal circulation of weapons among member states and has developed law enforcement training for its members in pursuit of these aims.

    What does CSTO membership provide?

    • While CSTO membership means that member states are barred from joining other military alliances, limiting, for example, their relationship with NATO.
    • Its members receive discounts, subsidies, and other incentives to buy Russian arms, facilitating military cooperation.
    • Most importantly, membership presumes certain key security assurances – the most significant of which is deterring military aggression by third countries.
    • In the CSTO, aggression against one signatory is perceived as aggression against all.
    • It however remains unclear whether this feature works in practice.

    Armenia’s Concerns and Threats

    • The PM emphasizes the threat of escalation along Armenia’s border and in Nagorno-Karabakh, citing increasingly aggressive rhetoric from Azerbaijan.
    • Tensions between Armenia and Azerbaijan increased in December when Azerbaijani protesters blocked the Lachin corridor, leaving Nagorno-Karabakh residents short of food and basic supplies.

    Nagorno-Karabakh Conflict

    csto

    • Nagorno-Karabakh lies within Azerbaijan but has been under the control of ethnic Armenian forces since a separatist war in 1994.
    • In 2020, Azerbaijani troops routed Armenian forces in six weeks of fighting.
    • They claimed a significant part of Nagorno-Karabakh and nearby areas which had been in Armenian hands for nearly two decades.

    Back2Basics: NATO (North Atlantic Treaty Organization)

    • NATO was established in the aftermath of the Second World War.
    • Its purpose was to secure peace in Europe, to promote cooperation among its members and to guard their freedom – all of this in the context of countering the threat posed at the time by the Soviet Union.
    • It is a military alliance established by the North Atlantic Treaty (also called the Washington Treaty) of April 4, 1949.
    • It sought to create a counterweight to Soviet armies stationed in Central and Eastern Europe after World War II.
    • Its original members were Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom, and the United States.
    • NATO has spread a web of partners, namely Egypt, Israel, Sweden, Austria, Switzerland and Finland.

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  • Explained: Biodiversity Beyond National Jurisdiction (BBNJ) Treaty

    bbnj

    For the first time, United Nations members have agreed for an early conclusion of the International Legally Binding Instrument of BBNJ under the United Nations Convention on the Law of the Sea (UNCLOS).

    Background

    • The UN Convention on the Law of the Sea was established in 1994 before marine biodiversity became a well-established concept
    • An updated framework to protect marine life in the high seas had been in discussions for over 20 years.
    • BBNJ is an agreement that aims to protect marine biodiversity in areas beyond national jurisdiction (ABNJ).
    • ABNJ refers to the high seas, which are not governed by any country but are still important for global biodiversity.

    What is the BBNJ treaty?

    • The BBNJ Treaty also called the Treaty of the High Seas, is an international agreement that aims to preserve and sustainably use the marine biodiversity of areas beyond national jurisdiction.
    • This includes the high seas, which are outside of countries’ exclusive economic zones and makeup nearly half of the Earth’s surface.
    • These areas are currently poorly regulated and only 1% of them are protected.
    • The High Ambition Coalition on BBNJ was launched in February 2022 to negotiate and achieve a comprehensive and ambitious outcome.

    Key areas of agreement

    The negotiations focus on elements agreed upon such as the-

    1. Conservation and sustainable use of marine genetic resources,
    2. Area-based management tools like marine protected areas,
    3. Environmental impact assessments, and
    4. Capacity-building and technology transfer

    Consensus reached

    • A new body will be created to manage the conservation of ocean life and establish marine protected areas in the high seas
    • The treaty establishes ground rules for conducting environmental impact assessments for commercial activities in the oceans
    • Several marine species, including dolphins, whales, sea turtles, and many fish, make long annual migrations, crossing national borders and the high seas

    What is the significance of this treaty?

    • Beyond jurisdiction coverage: BBNJ refers to the areas beyond the jurisdiction of any single country, such as the high seas, the deep sea floor, and the international seabed area. These areas are critical for the health of the ocean, the well-being of coastal people, and the overall sustainability of the planet.
    • Covers entire oceans: BBNJ comprises 95% of the ocean and provides invaluable ecological, economic, social, cultural, scientific, and food-security benefits to humanity.
    • Hard-arrived consensus: BBNJ is governed by a patchwork of international agreements, conventions, and bodies, but there is no single comprehensive framework that regulates activities in these areas.

    Various threats

    • BBNJ, despite its resilience in the past, is currently at risk due to several emerging dangers such as pollution, overexploitation, and the observable consequences of climate change.
    • In the future, the escalating need for marine resources, whether for food, minerals, or biotechnology, may intensify these issues.
    • For example, deep-sea mining, where valuable metals are extracted from the ocean floor, is becoming more prevalent despite the fact that little is known about the biodiversity in these areas.

    Why protect deep seas?

    • The deep seafloors, believed to be the harshest habitat, are also facing the extinction process.
    • A recent study assessed 184 species of Molluscs in the deep sea and found that 62% are listed as threatened: 39 are critically endangered, 32 are endangered and 43 are vulnerable.
    • Yet, the International Seabed Authority, a Jamaica-based intergovernmental body, is allowing deep-sea mining contracts.

    Way forward

    Ans. Create legally binding instrument

    • To address these threats, there is a need for a legally binding instrument for BBNJ.
    • The instrument would provide a framework for the conservation and sustainable use of BBNJ and would address gaps in the current international legal regime.
    • The legally binding instrument would establish a mechanism for the conservation and sustainable use of BBNJ, including measures to protect biodiversity, manage human activities, and ensure the equitable sharing of benefits.
    • It would also provide for capacity-building and technology transfer to support the implementation of these measures.

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  • Non-Aligned Movement (NAM)

    India and Egypt reiterated their support for the Non-Aligned Movement.

    Non-Aligned Movement (NAM)

    • NAM is a forum of 120 developing world states that are not formally aligned with or against any major power bloc.
    • After the United Nations, it is the largest grouping of states worldwide.
    • Drawing on the principles agreed at the Bandung Conference in 1955, the NAM was established in 1961 in Belgrade, SR Serbia, and Yugoslavia.
    • It was an initiative of then PM Jawaharlal Nehru, Ghanaian President Kwame Nkrumah, Indonesian President Sukarno, Egyptian President Gamal Abdel Nasser and Yugoslav President Josip Broz Tito.
    • The countries of the NAM represent nearly two-thirds of the United Nations’ members and contain 55% of the world population.

    Reasons behind NAM creation

    • Balancing the US and USSR: Non-alignment, a policy fashioned for the Cold War, aimed to retain the autonomy of policy (not equidistance) between two politico-military blocs i.e. the US and the Soviet Union.
    • Platform beyond UN: The NAM provided a platform for newly independent developing nations to join together to protect this autonomy.

    Relevance TODAY

    • Changing with emerging scenarios: Since the end of the Cold War, the NAM has been forced to redefine itself and reinvent its purpose in the current world system.
    • Focus towards development: It has focused on developing multilateral ties and connections as well as unity among the developing nations of the world, especially those within the Global South.

    Fading significance of the NAM

    • Loosing relevance: The policy of non-alignment lost its relevance after the disintegration of the Soviet Union and the emergence of unipolar world order under the leadership of the US since 1991.
    • De-colonization was largely complete by then, the apartheid regime in South Africa was being dismantled and the campaign for universal nuclear disarmament was going nowhere.
    • Freed from the shackles of the Cold War, the NAM countries were able to diversify their network of relationships across the erstwhile east-west divide.

    India and the NAM

    • Important role played by India: India played an important role in the multilateral movements of colonies and newly independent countries that wanted into the NAM.
    • India as a leader: Country´s place in national diplomacy, its significant size and its economic miracle turned India into one of the leaders of the NAM and upholder of the Third World solidarity.
    • The principle of ‘acting and making its own choices’ also reflected India’s goal to remain independent in foreign policy choices, although posing dilemmas and challenges between national interests on international arena and poverty alleviation.
    • Preserving the state’s security required alternative measures: Namely, the economic situation with the aim to raise the population’s living standards challenged the country’s defense capacity and vice versa.
    • Fewer choices: Wars with China and Pakistan had led India to an economically difficult situation and brought along food crisis in the mid-1960s, which made the country dependent on US food.

    What dictates India’s alignment now?

    • National security: China’s rise and assertiveness as a regional and global power and the simultaneous rise of middle powers in the region mean that this balancing act is increasing in both complexity and importance, simultaneously.
    • Global decision-making: Another distinctive feature of India’s foreign policy has been the aim to adjust international institutions consistent with changes in international system.
    • Prosperity and influence: India’s 21st century’s strategic partnerships aims for India becoming the voice of global South.
    • Multi-polarism: Another means to execute India’s foreign policy strategy of autonomy has been forming extensive partnerships with other emerging powers.

    Why NAM still matters?

    • Global perception of India: India’s image abroad has suffered as a result of allegations that creep into our secular polity and a need arises to actively network and break out of isolation.
    • For the Impulsive US: For India complete dependence on the U.S. to counter China would be an error.
    • Ukrainian invasion has revitalized Cold War: Critics of NAM who term it as an outcome of the Cold War must also acknowledge that a new Cold War is beginning to unfold, this time between the US and China.
    • NAM provides a much bigger platform:NAM becomes relevant to mobilize international public opinion against terrorism, weapons of mass destruction (WMDs), nuclear proliferation, ecological imbalance, safeguarding interests of developing countries in WTO etc.
    • NAM as a tool for autonomy:NAM’s total strength comprises 120 developing countries and most of them are members of the UN General Assembly. Thus, NAM members act as an important group in support of India’s candidature as a permanent member in UNSC.
    • NAM for multilateralism:Though globalization is facing an existential crisis, it is not possible to return to isolation. In the world of complex interdependence, countries are linked to each other one way or another.
    • NAM as a source for soft power:India can use its historic ties to bring together the NAM countries. India’s strength lies in soft power rather than hard power.

    Way forward

    • Strategic autonomy: India is showing signs of pursuing strategic autonomy separately from non-alignment.
    • Bilateralism: Indo-US ties are complementary, and a formal alliance will only help realize the full potential of these relations.
    • Non-alliance: India interacts with other states in expectations to change the international system, but without expectations to ‘ally or oppose.’
    • Deep engagement: India needs deeper engagement with its friends and partners if it is to develop leverage in its dealings with its adversaries and competitors.

    Conclusion

    • A wide and diverse range of strategic partners, including the U.S. as a major partner is the only viable diplomatic way forward in the current emerging multipolar world order.

     

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  • India takes over leadership of the Asian Pacific Postal Union

    postal

    India took over the leadership of the Asian Pacific Postal Union (APPU) having its Headquarters in Bangkok, Thailand.

    About Asian Pacific Postal Union (APPU)

    • APPU is an intergovernmental organization of 32-member countries of the Asian-Pacific region.
    • It was formed by International treaty through an Asian-Pacific Postal Convention signed in Yogyakarta on 27 March 1981.
    • The organisation has origins dating back to 1961.
    • APPU is the only Restricted Union of the Universal Postal Union (UPU) in the region, which is a specialized agency of the United Nations.
    • Secretary General leads the activities of the Union and is also the Director of the Asian Pacific Postal College (APPC) which is the largest intergovernmental postal training institute in the region.

    Goals and objectives

    • The goal of APPU is to extend, facilitate and improve postal relations between member countries and to promote cooperation in the field of postal services.
    • As the regional center for various UPU projects, APPU also takes the lead in ensuring that all technical and operational projects of the UPU are fulfilled in the region.

    Significance of India’s chair

    • The Asia Pacific region accounts for around one-third of the world’s postal workforce and about half of the world’s mail volume.
    • India seeks to improve the regional coordination with postal players in the Asia Pacific region to improve the growth of the business through the postal network, to ensure the sustainability of the Union.
    • This is the first time an Indian is leading an international organization in the postal sector.

     

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  • Singapore Declaration of ILO

    CONTEXT: The 17th Asia-Pacific Regional Meeting of the International Labour Organisation (ILO) set ten-point priorities of national action under the Singapore Declaration.

    Singapore Declaration

    • It seeks to draw attention for the member countries to deal with the issue of dwindling wages of workers, inflation and unemployment.
    • It was adopted by the delegates representing governments, employers and workers’ governments, employers and workers in the regions.
    • Members agreed that social dialogue is essential to address labour market challenges and finding solutions in crisis situations such as the COVID-19 pandemic, natural disasters, and economic uncertainty.

    Key point priorities

    1. Ensure labour protection for all through the promotion of freedom of association
    2. Recognition of the right to collective bargaining, including for workers in vulnerable situations and workers in the informal economy, as enabling rights for decent work
    3. Closing gender gaps, increase women’s labour force participation, promote equal pay for work of equal value, balance work and responsibilities, and promoting women’s leadership.
    4. Develop and implement inclusive labour market programmes and policies that support life transitions and demographic shifts.
    5. Pursue collective and determined efforts to promote and accelerate a smooth and sustained transition from the informal to formal economy
    6. Strengthen governance frameworks and respect for freedom of association for migrant workers
    7. Strengthen the foundation for social and employment protection and resilience
    8. Expanding social protection to all workers, guaranteeing universal access to comprehensive, adequate and sustainable social protection for all

     

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  • The ‘Global South’ Narrative

    south

    As India assumed the presidency of the G20 group of countries for 2022 to 2023, EAM S Jaishankar said on December 1 that India would be the voice of the Global South that is otherwise under-represented in such forums.

    What is ‘Global South’?

    • The term has since been used multiple times, such as when Jaishankar said of ongoing global conflicts, “polarisation may occur elsewhere, the people who suffer most are the Global South”.
    • ‘Global North’ refers loosely to countries like the US, Canada, Europe, Russia, Australia and New Zealand, while ‘Global South’ includes countries in Asia, Africa and South America.

    Behind the binary difference: ‘Global North’ and the ‘Global South’

    • For a long time in the study of international political systems, the method of categorising countries into broad categories for easier analysis has existed.
    • The concepts of ‘East’ and ‘West’ is one example of this, with the Western countries generally signifying greater levels of economic development and prosperity among their people.
    • Eastern countries were considered as being in the process of that transition.

    What are other such categorizations?

    • Another similar categorisation is of First World, Second World and Third World countries.
    • It referred to countries associated with the Cold war-era alliances of the US, the USSR, and non-aligned countries, respectively.
    • The idea of the “third” world underlined that it was not only different from the “first” — the capitalist West — but also and the second — the socialist “East”.

    Concept behind: World Systems Approach

    • At the centre of these concepts is the World Systems approach introduced by sociologist Immanuel Wallerstein in 1974, emphasising an interconnected perspective of looking at world politics.
    • He said there are three major zones of production: core, peripheral and semi-peripheral.
    • The core zones reap profits, being the owners of cutting-edge technologies – countries like the US or Japan.
    • Peripheral zones, on the other hand, engage in less sophisticated production that is more labour-intensive.
    • In the middle are countries like India and Brazil.

    Need for new terms

    (1) Global shift of powers

    • In the post-Cold War world, the First World/Third World classification was no longer feasible.
    • This is because when the Communist USSR disintegrated in 1991, most countries had no choice but to ally at some level with the capitalist US – the only remaining global superpower.

    (2) Monolithic classification

    • The East/West binary was seen as often perpetuating stereotypical thinking about African and Asian countries.
    • Categorising incredibly diverse countries into a monolith was felt to be too simplistic.
    • Also, the idea that some countries were ‘developed’ while others were not was thought to be too wide a classification, inadequate for accurately discussing concerns.

    (3) Issues with Developed vs. Developing

    • Writing in 2014 from the perspective of his organisation’s philanthropic activities, Bill Gates said of the ‘developing’ tag.
    • It found an irony that- any category that lumps China and the Democratic Republic of Congo together confuses more than it clarifies.
    • Some so-called developing countries have come so far that it’s fair to say they have developed.
    • A handful of failed states are hardly developing at all. Most countries are somewhere in the middle.

    Emergence of Global South

    • Colonial past: A big commonality between the South countries is that most have a history of colonization, largely at the hands of European powers.
    • No say since de-colonization: Region’s historical exclusion from prominent international organizations – such as from the permanent membership of the UN is intriguing.
    • Consciousness for decision-making: As bodies like the UN and the IMF are involved in major decision-making that affect the world in terms of politics, economy and society, the exclusion is seen by these countries as contributing to their slower growth.
    • Economic emergence: China and India have emerged economically sound in the past two decades.
    • Declining US hegemony: Many consider the world to now be multipolar rather than one where the US alone dominates international affairs.
    • Climate reparations: In the ongoing debate adds Northern countries paying for funding green energy, having historically contributed to higher carbon emissions.

    Criticism of the classification

    • Only few players: South simply aims to replace the North and the positions it occupies, again continuing a cycle in which a few countries accumulate crucial resources.
    • More of a India vs. China competition: Much controversy currently surrounds the question of whether elites of the global South and ‘rising powers’ genuinely have the intention to challenge the dominant structures of global capitalist development”.
    • Anti-china motive: China’s tentative “going out” strategy at the turn of the century eventually morphed into the expansive Belt and Road Initiative.

    Where does India stand?

    • No further diplomatic groupism: EAM S Jaishankar India’s objective is not to rebuild a global trade union against the North.
    • Bridging the divide: India is eager to become a bridge between the North and the South by focusing on practical outcomes rather than returning to old ideological battles.

    Challenges

    • Political consistency: In the past, India’s ideological enthusiasm for the Global South was not matched by material power and political will.
    • Bridging the neighbours: India must also come to terms with the fact that the Global South is not a coherent group and does not have a single shared agenda.
    • Despaired south: There is much differentiation within the South today in terms of wealth and power, needs and capabilities.
    • Defiance from NAM: India’s Third World strategy (and Non-Aligned Movement) in the Cold War era was undermined by multiple internal and regional conflicts within the Global South.

    Way ahead

    • More engagement in neighborhood: Championing the Global South today would demand more active Indian engagement with the messy regional politics within the developing world.
    • Political coherence: If India can translate this ambition into effective policy, there will be no contradiction between the simultaneous pursuit of universal and particular goals.

     

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  • Russia postpones with US under New START nuclear treaty

    Russia postponed nuclear weapons talks with the United States under the New START Treaty with neither side giving a reason for the postponement.

    New START Treaty

    • The New Strategic Arms Reduction Treaty (New START) pact limits the number of deployed nuclear warheads, missiles and bombers and is due to expire in 2021 unless renewed.
    • The treaty limits the US and Russia to a maximum of 1,550 deployed nuclear warheads and 700 deployed missiles and bombers, well below Cold War caps.
    • It was signed in 2010 by former US President Barack Obama and then-Russian President Dmitry Medvedev.
    • It is one of the key controls on the superpower deployment of nuclear weapons.

    Background of US-Russia Nuclear Relations

    • The US formally QUIT the Intermediate-Range Nuclear Forces (INF)
    • The agreement obliged the two countries to eliminate all ground-based missiles of ranges between 500 and 5,500 km.

    When did nuclear disarmament begin?

    • In 1985, the two countries entered into arms control negotiations on three tracks.
    • The first dealt with strategic weapons with ranges of over 5,500 km, leading to the START agreement in 1991.
    • It limited both sides to 1,600 strategic delivery vehicles and 6,000 warheads.
    • A second track dealt with intermediate-range missiles and this led to the INF Treaty in 1987.
    • A third track, Nuclear, and Space Talks was intended to address Soviet concerns regarding the U.S.’s Strategic Defence Initiative (SDI) but this did not yield any outcome.

    Success of INF

    • The INF Treaty was hailed as a great disarmament pact even though no nuclear warheads were dismantled.
    • As it is a bilateral agreement, it did not restrict other countries.
    • By 1991, the INF was implemented. USSR destroyed 1,846 and the US destroyed 846 Pershing and cruise missiles. 
    • Associated production facilities were also closed down.
    • INF Treaty was the first pact to include intensive verification measures, including on-site inspections.

    How has the nuclear behavior been?

    • With the end of the Cold War and the break-up of the USSR in end-1991, former Soviet allies were joining NATO and becoming EU members.
    • The U.S. was investing in missile defense and conventional global precision strike capabilities to expand its technological lead.
    • In 2001, the U.S. announced its unilateral withdrawal from the 1972 Anti-Ballistic Missile Treaty (ABM Treaty).
    • The US also blamed Russia for not complying with the ‘zero-yield’ standard imposed by the Comprehensive Test Ban Treaty (CTBT). This may indicate the beginning of a new nuclear arms race.

    Implications of the New Start

    • The 2011 New START lapsed in 2021. It may meet the fate of the INF Treaty.
    • The 2018 NPR envisaged the development of new nuclear weapons, including low-yield weapons.
    • China is preparing to operate its test site year-round with its goals for its nuclear force.
    • CTBT requires ratification by U.S., China, and Iran, Israel and Egypt and adherence by India, Pakistan and North Korea. It is unlikely to ever enter into force.

    Conclusion

    • A new nuclear arms race could just be the beginning. It may be more complicated because of multiple countries being involved.
    • Technological changes are bringing cyber and space domains into contention. It raises the risks of escalation.

     

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  • Bali G20 summit

    g20

    Leaders of the G-20 nations gathered at Bali in Indonesia for the 17th summit of the world’s most advanced economies.

    Agenda of this summit

    • The motto for this summit is Recover Together, Recover Stronger.
    • The leaders will engage in discussions over three sessions on-
    1. Food and Energy security
    2. Health Partnership for Global Infrastructure and Investment, and
    3. Digital Transformation

    About G-20

    • Formed in 1999, the G20 is an international forum of the governments and central bank governors from 20 major economies.
    • Collectively, the G20 economies account for around 85 percent of the Gross World Product (GWP), 80 percent of world trade.
    • To tackle the problems or address issues that plague the world, the heads of governments of the G20 nations periodically participate in summits.
    • In addition to it, the group also hosts separate meetings of the finance ministers and foreign ministers.
    • The G20 has no permanent staff of its own and its chairmanship rotates annually between nations divided into regional groupings.

    Aims and objectives

    • The Group was formed with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability.
    • The forum aims to pre-empt the balance of payments problems and turmoil on financial markets by improved coordination of monetary, fiscal, and financial policies.
    • It seeks to address issues that go beyond the responsibilities of any one organization.

    Members of G20

    • The members of the G20 consist of 19 individual countries plus the European Union (EU).
    • The 19 member countries of the forum are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom and the United States.
    • The European Union is represented by the European Commission and by the European Central Bank.

    Why was the G-20 created?

    For emerging nations: It was created as an acceptable medium between the more “elitist” G-7 (then the G-8), and the more unwieldy 38-member Organisation for Economic Co-operation and Development (OECD).

    • Increasing representation: Over the past two decades, the global economic balance has shifted, and the G-20 has been seen as a more representative and egalitarian grouping of global leadership.
    • Reducing groupism within: The G-20 was conceived in a more unified, post-Soviet era, when western economies made the rules, China was just on the rise and Russia was still recovering from its breakup.
    • Economic boost for west: It was particularly useful in steering the global economy after the global financing crisis and banking collapse of 2008.
    • Global-south on focus: Significantly, next year the “Troika” of G-20 will be made up of emerging economies for the first time with India, Indonesia and Brazil — an indicator of the shift in the global economic agenda towards the Global South.

    Economic significance of G-20

    • G-20 countries represent 85% of the global GDP.
    • It accounts for 75% of global trade and 66% of the world population.

    What makes this G-20 different from others?

    • War mongers at table: For the world, this is the first G-20 since Russia began the war in Ukraine and the west imposed sanctions on Russia.
    • Hosting a stronger China: This is only the second time Chinese President Xi Jinping has travelled abroad since the COVID pandemic, and the first time since he was re-elected at China’s Party Congress last month.
    • Next chair for India: For India, the importance of the summit of the world’s most advanced economies is that it is India’s turn to host the summit next.

    Bilateral meets on the sidelines

    • All eyes will also be on the bilateral summits happening by the sidelines — including the Biden-Xi summit at a time when U.S.-China tensions are at a high.
    • While neither Delhi nor Beijing have confirmed a Modi-Xi meeting, any interaction between the two leaders will be the first since the military stand-off at the LAC.
    • PM Modi is expected to meet many of the G-20 leaders and others, and will invite them to next year’s summit in India.
    • Among the leaders who are attending for the first time as heads of their countries are UK PM Rishi Sunak.

     

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  • G20 Presidency: India can be voice for developing world

    G20

    Context

    • Government of India launched the logo, website and theme for India’s presidency of the G20, setting the tone for the country’s G20 presidency, beginning December 1. Modi’s clarion call was “One Earth, One Family, One Future”, aptly underscored by the phrase “Vasudhaiva Kutumbakam”.

    What is G-20?

    • Formed in 1999, the G20 is an international forum of the governments and central bank governors from 20 major economies.
    • It brings together 19 of the world’s major economies and the European Union.
    • Its members account for more than 80% of global GDP, 75% of trade and 60% of population
    • To tackle the problems or address issues that plague the world, the heads of governments of the G20 nations periodically participate in summits.
    • India has been a member of the G20 since its inception in 1999.

    Do you know the aims and objective of G20?

    • The Group was formed with the aim of studying, reviewing, and promoting high-level discussion of policy issues pertaining to the promotion of international financial stability.
    • The forum aims to pre-empt the balance of payments problems and turmoil on financial markets by improved coordination of monetary, fiscal, and financial policies.
    • It seeks to address issues that go beyond the responsibilities of any one organization.
    • Its members account for more than 80% of global GDP, 75% of trade and 60% of population.

    G20

    Current Global scenario and India’s G20 Presidency

    • War between Russia and west: It must nonetheless countenance a complex geopolitical moment, with tensions between G7 nations and Russia over the war in Ukraine, and growing friction between the US and China.
    • India’s efforts to be a meditator: PM Modi’s recent advice to President Putin that “now is not the time for war” is anchored in the ethos of peace and non-violence, the legacy of Buddha and Gandhi.
    • Energy crisis: The developmental agenda must receive first billing. Differences over energy diversification and the emerging challenges in trade and technology will need reconciliation.
    • Economic crisis: Stagflation in the US, China and Europe threatens to affect the global economic outlook. Policy coherence in macroeconomics and trade is an important imperative.
    • Supply chain disruptions: At the “Global Supply Chain Resilience” meeting in October 2021, Modi advocated cooperation on three critical aspects trusted source, transparency and time frame to improve global supply chains. At the SCO Summit this year, he cited the disruption of supply chains due to the Ukraine crisis and spoke of the unprecedented energy and food crises.

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    What India can show to the world?

    • Growing economy and rising stature: India’s G20 presidency coincides with its growing confidence, matched by its rising stature and high economic growth rate.
    • India’s digital infrastructure: India’s commitment to digital transformation will be a key element in forging an accessible and inclusive digital public architecture. The country’s exemplary success with the Unified Payments Interface (UPI), Direct Benefits Transfer and Aadhaar authentication in welfare schemes has growing relevance to the developing world.
    • Efforts for TRIPS waiver on vaccine: The use of the CoWIN platform enhanced vaccine accessibility and equity. India has made a strong pitch for a TRIPS waiver to ensure equitable access to vaccine production.
    • Vaccine assistance to the world: India’s commitment to advancing South-South cooperation is well acknowledged. At the height of the pandemic, India provided 250 million vaccine doses to 101 countries, apart from other medical assistance.
    • SAGAR and Blue Economy: India’s global initiatives in recent years such as SAGAR (Security and Growth for All in The Region), “blue economy”, “clean oceans”, and disaster-resilient infrastructure have the potential to gain traction in the G20.
    • India as true climate leader: PM Modi’s “Panchamrit” announcements at COP26 — net zero by 2070, non-fossil energy capacity to 500 GW by 2030, 50 per cent of energy requirement through renewables by 2030, reduction of carbon emission by 1 billion tonnes by 2030, and reduction of carbon intensity in the Indian economy to less than 45 per cent by 2030 — established India as a climate leader.

    What should be India’s Priority as President of G20?

    • Open application programming interface: As economies everywhere move rapidly towards digitalization, it is important to develop a consensus on an open source, open application programming interface (API) and an interoperable framework for public digital platforms on which the private sector can freely innovate. This would help maximize the impact of the digital transformation for the global public good, including new data, measurement tools, indicators of economic growth and the achievement of Sustainable Development Goals (SDGs).
    • Promotion of LiFE philosophy: At the COP26 in Glasgow, Modi proposed Mission LiFE, which places individual behavior at the centre of the global climate action narrative. The Mission intends to establish and nurture a global network of individuals known as Pro-Planet People (P3), committed to adopting and promoting environmentally friendly lifestyles. This is based on the idea that responsible individual behavior can undo the damage wrought upon nature.
    • Focus on climate financing: At COP27 as well as during its G20 presidency, India will have to focus attention on climate finance, especially a new quantified goal beyond the existing annual $100 billion pledge by Advanced Economies (AEs) to assist developing nations in climate change adaptation and mitigation from 2020 to 2025. The delayed pledge is expected to be fulfilled in 2023 during India’s presidency and from there on, the G20 needs to raise the bar.
    • Clean energy partnership: The G20 presidency will provide India with an opportunity to give impetus to several of its initiatives for clean energy partnerships especially in solar, wind and hydrogen with the EU, Japan and the US. It will provide a platform to give a fillip to the idea of, “One Sun, One World, One Grid”, first mooted by Modi at the International Solar Alliance (ISA) in 2018.
    • Achieving the Net Zero target: India has the scale and capacity to set a shining example of rapid and decarbonized economic growth to help realize the G20’s global net zero ambitions. A viable international framework for development and international trade in GH2, together with green ammonia and green shipping, is the key. Reliable supplies of critical minerals and technological collaborations for energy storage, including a global battery coalition, could provide answers.
    • Nuclear energy as an alternative: Given the nascent support today for civilian nuclear energy in Europe due to energy market volatility, the G20 could work toward an expanded and robust civilian nuclear energy cooperation framework, including for small modular reactors.
    • Reforming the multilateralism: Multilateral institutions are perceived today as unrepresentative, ineffective, or worse still, both. The call for a new multilateralism and reassessment of the Global Financial Order to ensure adequate credit enhancement and blended finance for sustainable green transitions reflects a popular global sentiment.

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    Conclusion

    • India’s presidency should represent the widest and most vulnerable constituencies, especially in South Asia. This can truly advance intra-South Asian economic integration, which is so essential for India’s rise.

    Mains question

    Q. India assumed G20 presidency with a mantra of Vasudhaiva Kutumbakam. In light of this What should be the India’s Priority as President?

     

  • PM unveils G20 logo: Significance of the lotus on it

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    PM unveiled the logo, theme and website of India’s G20 presidency.

    What is G20?

    • The G20 was formed in 1999 in the backdrop of the financial crisis of the late 1990s that hit East Asia and Southeast Asia in particular.
    • The first G20 Summit took place in 2008 in Washington DC, US.
    • Its aim was to secure global financial stability by involving middle-income countries.
    • Its prominent members are: Australia, Brazil, China, France, Germany, India, Japan, Republic of Korea, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US, and the EU.
    • Spain is invited as a permanent guest.

    Presidency of G20

    • The presidency of the G20 rotates every year among members.
    • The country holding the presidency, together with the previous and next presidency-holder, forms the ‘Troika’ to ensure continuity of the G20 agenda.
    • During India’s presidency, India, Indonesia and Brazil will form the troika.
    • This would be the first time when the troika would consist of three developing countries and emerging economies.

    How does the G20 work?

    • The G20 has no permanent secretariat.
    • The agenda and work are coordinated by representatives of the G20 countries, known as ‘Sherpas’, who work together with the finance ministers and governors of the central banks.
    • On the advice of the G7 Finance Ministers, the G20 Finance Ministers and Central Bank Governors began holding meetings to discuss the response to the global financial crisis that occurred.
    • Since 1999, an annual meeting of finance ministers has taken place.

    Economic significance of G20

    • G20 is the premier forum for international economic cooperation representing around-
    1. 85 per cent of the global GDP,
    2. 75 per cent of the global trade, and
    3. Two-thirds of the world population

    Significance of the G20 logo

    • The logo bears a lotus and the message of ‘Vasudhaiva Kutumbakam — One Earth, One Family, One Future’.
    • The lotus flower symbolises our Puranic heritage, our aastha (belief) and boddhikta (intellectualism).

     

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