Monday, January 13, 2014

Bilateral, Regional & Global groupings and agreements involving India &

Bilateral, Regional & Global groupings and agreements involving India & Indias Interests


S. No.Groupings and AgreementsEstablished onParticiapting CountriesMain Aim

1Look East Policystarted in 1992healthy relations with south east asian nationsto cultivate economic and strategic relations and to counterweight strategic influence of PRC(Peoples Republic of China)

2BIMSTEC (Bay of Bengal Initiative for Muti-Sectoral Technical and Economic Co-operation)Formed in 1997(Bangladesh, India Myanmar, Sri Lanka, Thailand, Bhutan & Nepal)13 priority sectors leading to cooperation i.e trade & Investment , energy, tourism, tech, fisheries, public health, poverty alleviation , culture, Environment natural disaster management, counter terrorism, Transport & Comm, People to people contact

3Mekong- Ganga Cooperation(MGC)Estb. in 2000India, Thailand, Myanmar, Combodia, Loas & Vietnamonly 4 areas; tourism, transport, education & culture

4East Asia Summitformed in 16th dec, 2005forum of 16 countries in east asian region held annuallyTRADE is main focus, regional integration and energy also; Trade and the comprehensive economic partnership in east Asia(CEPEA); total nos of summit is 7; last is 7th at Cambodia 2012

5NSSP-> Next steps in strategic partnershipstarted in jan 2004India & USnuclear, defense technology, export control & space

6South South CooperationLate 90sMajor South Countriestechnology and knowledge between Least Developed Countries (LDC)

7IBSA Dialogue ForumEstablished in 2003 after brasilia declaration. India, Brazil & South Africatripartite grouping to promote international cooperation (agri,trade, culture & defense) among the countries and also promotes South-South Cooperation

8BRICSstarted in 2006Brazil, Russia, India, China & South Africaall are developing or newly industrialized countries; 4th summit in NEW DELHI & 5th in Durban, South Africa (March, 2013);

9SAARC (South Asian Association of Regional CooperationIndia, Bhutan, Sri Lanka, Maldives, Nepal, Pakistan, Bangladesh & Afghanistan{joined in 2007};formed on 8th Dec, 1985; total members 8(7 founding + 1);HQ at Kathmandu, Nepal; AIM- for the same as above i.e. Economical, social, cultural and technological etc.

10SAFTA (South Asian Free Trade Agreement At 12th summit of SAARC, 2004it was agreed for free trade in SAARC countries.

11Group o$ Eigth plus Five(G8+5);group of Eight heads of Govt + Five of emerging economies i.e Brazil, India, China, South Africa, Mexicofoundation year 2005; Main Indicator; ECONOMY

12G4 Nations->Brazil, Japan, India, Germany Supporting each other for permanent seat in UNSC.

13Asian Development Bank (ADB);Serving in ASIA & Pacific formed in 1966; total Members; 67 HQ- Philippines; fighting poverty in Asia & Pacific;For India & Pakistan - Helped in micro finance support in Private enterprise

14G-20Group of Twenty Finance Ministers and Central Bank Governors ; 19+ European1998; Recent Meeting- 8th at St. Petersburg, Russia in September, 2013To bring together systematically important industrialized and developing economies to address key global issues.

15NAM (Non Align Movement)group of nations which are not formally aligned or against the Power Blocfounded in Belgrade in 196116th NAM Summit took place in Tehran, Iran in Aug; term NON ALIGN was coined by V. K. Krishna Menon; Basic principles of Panchsheel (Five principles of peaceful co-existence, Indo-Sino Relations ) are the pillars of NAM

16123 AgreementUS & All Countries an agreement for cooperation as a prerequisite for nuclear deals between the US and any other nation

17Indo US Nuclear DealIndia & USJuly 2005Indias all nuclear activities will be under IAEA safeguards and US will work for civil nuclear cooperation

18DDA (Doha Development Round)b/w Developed countries & Developing Countriestrade negotiation round of WTO in 2001; its main objective is to lower trade barriers around the world to promote trade

19Most Favoured Nation (MFN)Can be anyone.In international politics & economic relations, a country gives a status of Most Favoured Nation which gives trade advantage (low barrier & high import quotas) to another country. India has given MFN status to Vietnam & Paksitan but Pakistan is still thinking to give India.


* India may get entry in Nuclear Supplier Group, Wassenaar Agreement, Australia Group & Missile Technology Control Regime by the help of Barack Obama announcement.


Name: Aditya Prasad
References- 1)http://en.wikipedia.org/wiki/Main_Page
2)World Focus Magazine
3) Google