💥UPSC 2026, 2027, 2028 UAP Mentorship (March Batch) + Access XFactor Notes & Microthemes PDF

Type: IOCR

  • Telecom and Postal Sector – Spectrum Allocation, Call Drops, Predatory Pricing, etc

    India takes over leadership of the Asian Pacific Postal Union

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: APPU

    Mains level: Not Much

    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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  • Tax Reforms

    Global Minimum Tax on big businesses

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Global Minimum Tax

    Mains level: Not Much

    tax

    Members of the EU last week agreed in principle to implement a global minimum tax of 15% on big businesses.

    Global Minimum Corporate Tax

    • Major economies are aiming to discourage multinational companies from shifting profits – and tax revenues – to low-tax countries regardless of where their sales are made.
    • Increasingly, income from intangible sources such as drug patents, software, and royalties on intellectual property has migrated to these jurisdictions.
    • This has allowed companies to avoid paying higher taxes in their traditional home countries.

    What is the recent EU agreement?

    • EU members have agreed to implement a minimum tax rate of 15% on big businesses in accordance with Pillar 2 of the global tax agreement framed by the OECD last year.
    • Under the OECD’s plan, governments will be equipped to impose additional taxes in case companies are found to be paying taxes that are considered too low.
    • This is to ensure that big businesses with global operations do not benefit by domiciling themselves in tax havens in order to save on taxes.

    Need for a global minimum tax

    • Corporate tax rates across the world have been dropping over the last few decades as a result of competition between governments to spur economic growth through greater private investments.
    • Large multinational companies have traditionally paid taxes in their home countries even though they did most of their business in foreign countries.
    • The OECD plan tries to give more taxing rights to the governments of countries where large businesses conduct a substantial amount of their business.
    • As a result, large US tech companies may have to pay more taxes to the governments of developing countries.

    History of such taxes

    • Global corporate tax rates have fallen from over 40% in the 1980s to under 25% in 2020.
    • The global tax competition was kick-started by former US President Ronald Reagan and former British PM Margaret Thatcher in the 1980s.
    • The OECD’s tax plan tries to put an end to this “race to the bottom” which has made it harder for governments to shore up the revenues required to fund their rising spending budgets.
    • The minimum tax proposal is particularly relevant at a time when the fiscal state of governments across the world has deteriorated as seen in the worsening of public debt metrics.

    Response to the EU move

    • Some governments, particularly those of traditional tax havens, are likely to disagree and stall the implementation of the OECD’s tax plan.
    • High tax jurisdictions like the EU are more likely to fully adopt the minimum tax plan as it saves them from having to compete against low tax jurisdictions.
    • Low tax jurisdictions, on the other hand, are likely to resist the OECD’s plan unless they are compensated sufficiently in other ways.

    Way forward

    • Supporters of the OECD’s tax plan believe that it will end the global “race to the bottom” and help governments collect the revenues required for social spending.
    • The plan will also help counter rising global inequality by making it tougher for large businesses to pay low taxes by availing the services of tax havens.
    • Critics of the OECD’s proposal, however, see the global minimum tax as a threat.
    • They argue that without tax competition between governments, the world would be taxed a lot more than it is today, thus adversely affecting global economic growth.
    • In other words, these critics believe that it is the threat of tax competition that keeps a check on governments that would otherwise tax their citizens heavily to fund profligate spending programs.

     

     

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  • Labour, Jobs and Employment – Harmonization of labour laws, gender gap, unemployment, etc.

    Singapore Declaration of ILO

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Singapore Declaration

    Mains level: Labour reform

    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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  • G20 : Economic Cooperation ahead

    The ‘Global South’ Narrative

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Global South

    Mains level: 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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  • Nuclear Diplomacy and Disarmament

    China reiterates ‘No First Use’ Nuke Policy

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: 'No First Use' Policy

    Mains level: Nuclear disarmament

    China responded to a US report alleging a major build-up in Beijing’s nuclear capabilities. It said, it adheres to its policy of no first use of nuclear weapons.

    What is the news?

    • The Pentagon released an annual China security report that warned Beijing would likely have 1,500 nuclear.
    • China currently has 350 nuclear warheads.
    • As of 2022, Russia possesses a total of 5,977 nuclear warheads compared to 5,428 in the US inventory.

    What is ‘No First Use’ Doctrine?

    • In nuclear ethics and deterrence theory, NFU is a commitment to never use nuclear weapons first under any circumstances, whether as a pre-emptive attack or first strike, or in response to non-nuclear attack of any kind.

    Where do nuclear-armed countries stand on No First Use?

    • China is the only nuclear-armed country to have an unconditional NFU policy.
    • India maintains a policy of NFU with exceptions for a response to chemical or biological attacks.
    • France, North Korea, Pakistan, Russia, the UK and the US maintain policies that permit the first use of nuclear weapons in a conflict.
    • Israel does not acknowledge the existence of its nuclear arsenal so has no publicly known position.

    Why advocate for global NFU commitments now?

    • The world after US bombing of Japan has never faced any crises that could escalate to nuclear conflict.
    • In addition to the precarious situation on the Korean peninsula, we’re running acceptably high risks of nuclear weapons use between-
    1. NATO and Russia: Amid ongoing Ukrainian Invasion
    2. India and Pakistan: Jihadist acquiring nuclear weapons
    3. US and China: Due to provocations over the South China Sea and Taiwan
    • In fact right now the chances that nuclear weapons will be used — intentionally, accidentally, or due to miscalculation — are the highest they’ve been since the worst days of the Cold War.
    • Establishing global NFU would immediately make the world safer by resolving uncertainty about what a nuclear-armed country might do in a crisis.
    • It removes pressure and incentive for any one country to “go nuclear” first in a crisis and thus create a moral obligation on others.

    Consequences of nuclear war

    • Any use of a nuclear weapon would invite massive retaliation.
    • Not to mention the horrific aftermath of nuclear war.
    • A 2014 study shows that so-called “limited” nuclear war in South Asia, in which 100 nuclear weapons are used, would have global consequences.
    • Millions of tons of smoke would be sent into the atmosphere, plunging temperatures and damaging the global food supply.
    • Two billion people would be at risk of death by starvation.

    What lies ahead?

    • Global No First Use would be an important step toward making nuclear weapons irrelevant to national security.
    • These policies would strip nuclear weapons of value in the eyes of military planners, enable future nuclear disarmament negotiations, and accelerate the dismantling of these weapons.
    • It would also serve as a “confidence-building measure” that establishes greater trust among nuclear-armed countries.
    • It thus makes it easier to work together to reduce nuclear risks and ultimately eliminate all nuclear weapons.

     

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  • Foreign Policy Watch: India-China

    In news: China Indian Ocean Region Forum

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: China Indian Ocean Region Forum, USAID

    Mains level: Read the attached story

    china

    China’s top development aid agency convened the first “China-Indian Ocean Region Forum” in the southwestern Chinese city of Kunming.

    What is the China Indian Ocean Region Forum?

    • It is organised by the China International Development Cooperation Agency (CIDCA).
    • It is the latest Chinese initiative focusing on the Indian Ocean Region (IOR).
    • It underlines Beijing’s growing strategic interests in a region where its economic footprint has been deepening.

    What is it about?

    • The CIDCA is China’s new development aid agency similar to the United States Agency for International Development (USAID).
    • It aims to-
    1. Strengthen policy coordination,
    2. Deepen development cooperation,
    3. Increase resilience to shocks and disasters, and
    4. Enhance relevant countries’ capacity to obtain economic benefits through use of marine resources such as fisheries, renewable energy, tourism, and shipping in a sustainable way

    Which countries have backed the forum?

    • The organisers have said the forum was attended by high-level representatives and senior officials from 19 countries.
    • But at least two of those countries, Australia and Maldives, subsequently released statements rebutting the claim, emphasising that they did not participate officially.

    Why such a move by China?

    China’s ambitions in the Indian Ocean have been motivated by three factors-

    • Gaining significance of Indo-Pacific: As the new world order unveils around the Indo-Pacific, Beijing aims to challenge other major powers, such as India, and establish its hegemony.
    • Domestic energy security: Beijing needs the Indian Ocean to ensure its energy security and continue fuelling its growth, which defines its foreign policy and international leverage.
    • Hegemony establishment: Establishing new and alternative institutions with IOR countries helps China display its presence and influence from the China Sea to the Indian Ocean, reflecting its status as a significant power.

    How is China perceiving its interests?

    1. Political corruption: Beijing has cultivated close and personal relationships with political elites and parties of IOR countries, usually through corruption, party funding, and by turning a blind eye to their human rights abuses and democratic infirmities.
    2. Fractionalization: Friendship with different political parties in Pakistan; bonhomie with the Rajapaksa clan in Sri Lanka, and close relations with Maldives’ Abdulla Yameen are some examples of this widespread phenomenon.
    3. Elite capture: In addition, China has often used the elite capture tactic to ensure a pro-China policy and bag geo-economically and strategically significant projects. This includes concessions on Pakistan’s Gwadar Port and Sri Lanka’s Colombo Port City project.

    Where does India stand?

    • India was the lone absentee in the forum ignoring the invitation.
    • China has exposed its intention with the Indian Ocean Region (IOR) countries.
    • New Delhi has viewed China’s recent moves in the region warily, including the recent visit of a Chinese military tracking vessel, the Yuan Wang 5, to Sri Lanka.
    • Moreover, India sees the Indian-Ocean Rim Association (IORA) as an already established platform for the region.

    China’s plans for the IOR

    • The forum has underlined China’s stepped-up interest in the IOR, where it is already a major trading partner for most countries and where sea routes lie vital to China’s economic interests.
    • The CIDCA forum is the latest initiative to reflect Beijing’s view that it has a clear stake in the region, and that more such initiatives are likely.

    Has China out-powered India in the IOR with this move?

    • The Chinese initiative looks like a kind of delayed response.
    • It can be seen only as a comparison and competitor to India’s SAGAR (Security and Growth for All in the Region), as outlined by PM Modi in Mauritius in 2015.
    • The Indian idea is implemented through the nation’s ‘Neighbourhood First’ policy and such other initiatives as ‘‘Project Mausam’ and ‘Integrated Coastal Surveillance System’ (now shared with Maldives).
    • All of them are confined to the Indian Ocean, where India too belongs legitimately, unlike China.

    Conclusion

    • In a way, the new initiative reflects China’s unending greed.
    • It also reflects China’s desire and ambition to measure up to the US in reach and outreach, and through them, geo-economics, geopolitical, and geostrategic comparability.

     

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  • Russian Invasion of Ukraine: Global Implications

    Russia postpones with US under New START nuclear treaty

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: New Start Treaty, INF Treaty

    Mains level: Nuclear disarmament

    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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  • Foreign Policy Watch: India-Afghanistan

    Moscow Format to Engage with the Talibans

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Moscow Format

    Mains level: Restoration and normalization of governance in Taliban

    The Moscow Format of Consultations on Afghanistan was recently held in the Russian capital.

    What is the Moscow Format?

    • The Moscow format was introduced in 2017 on the basis of the six-party mechanism for consultations between special representatives from Russia, Afghanistan, China, Pakistan, Iran and India.
    • The present meeting includes a group of 10 nations including India, China, Pakistan, Iran and the Central Asian republics with Taliban officials.
    • Russia had previously convened a new meeting of the ‘Extended Troika’ on Afghanistan which included Russia, the United States, China and Pakistan.
    • The US pulled out of the last meeting.
    • Taliban did not participate in the talks but, welcomed the discussion and declared that it will not allow Afghan territory to be used against “stability of the region”.

    Key outcomes of the meet

    • The dialogue called for respect for all Afghan ethnic groups and minorities in a bid to create national reconciliation in the war torn country.
    • The Russian hosts, presented a White Book on the civilian losses in Afghanistan due to the actions of the NATO forces during the past two decades.
    • The representatives at the talks also called for “complete unfreezing” of Afghanistan’s assets by Washington.

    Urging the Taliban Govt.

    • Prevent poppy cultivation: Participating countries called upon the Taliban setup to “fulfil its commitments to eradicate terrorism and drug trafficking” that continue to emanate from the Afghan territory.
    • Stop atrocities: The return of the Taliban has been followed by a series of attacks on Shia Hazaras and growing atrocities against women and political opponents.
    • Inclusive govt. formation: The participants underscored the importance of forming a “truly inclusive government in Afghanistan, reflecting the interests of all major ethno-political groups of the country.”

     

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  • G20 : Economic Cooperation ahead

    Bali G20 summit

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: G20

    Mains level: Significance of 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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  • Foreign Policy Watch: India-ASEAN

    What is the East Asia Summit?

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: East Asia SUmmit

    Mains level: India-ASEAN Relations

    Vice President Jagdeep Dhankhar addressed the East Asia Summit on the last day of his visit to Cambodia, as the three-day Association of South East Asian Nations (ASEAN) summit concluded.

    East Asia Summit

    • Simply, the EAS is an ASEAN initiative and refers to the annual Meeting of Heads of States/Governments of these countries, where they are able to discuss common concerns and interests.
    • Beginning in 2005, 16 participating countries comprised EAS, with their first meeting in Kuala Lumpur, Malaysia.
    • These members were the 10 ASEAN countries, Australia, China, India, Japan, New Zealand, and the Republic of Korea.
    • ASEAN’s 10 member countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
    • The United States and the Russian Federation joined at the 6th East Asia Summit in 2011.

    Why was it created?

    • Its creation was based on the idea of enhancing cooperation among East Asian countries and those in the neighbouring regions.
    • Six priority areas of cooperation were identified – environment and energy, education, finance, global health issues and pandemic diseases, natural disaster management, and ASEAN Connectivity.

    Topics discussed

    The following issues have been discussed by the countries

    • Chinese claims over the South China Sea
    • United Nations Convention on the Law of the Sea (UNCLOS),
    • Terrorism
    • Actions of North Korea and
    • Conflict situation in Myanmar

    EAS’s links with India

    • This year marks the 30th anniversary of ASEAN-India relations and is being celebrated as the ASEAN-India Friendship Year.
    • In a joint statement, ASEAN-India acknowledged the deep civilizational linkages, maritime connectivity, and cross-cultural exchanges between Southeast Asia and India.
    • All these have grown stronger over the last 30 years, providing a strong foundation for ASEAN-India relations.

    New developments

    • India has announced an additional contribution of USD 5 million to the ASEAN-India science and technology fund.
    • It would enhance cooperation in sectors of public health, renewable energy and smart agriculture.

     

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