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INTERNATIONAL AFFAIRS - August 2015

Aug 2015

Jul 29, 2022

India got Highest Aid for Trade from Developed Countries in 2020

  • India received the highest aid for trade in 2020 at $2.7 billion from developed countries even as the receipts declined during the pandemic year compared to $3.9 billion received in 2019.
  • The World Trade Organisation-led aid for trade flows is particularly meant for the least developed economies. It consists of official development support to build supply-side capacity and trade-related infrastructure to enable such countries to participate in international trade.
  • Bangladesh was the second largest recipient of the aid, followed by Egypt, Ethiopia, Kenya, Vietnam, Pakistan, Morocco, Myanmar and Indonesia, among others. Institutions such as the World Bank, European Union Institutions, Asian Development Bank, and developed countries such as Japan, United States, Germany, France were among the top donors for the aid.

Jul 27, 2022

Rolls-Royce Names Tufan Erginbilgic as CEO

  • Rolls-Royce Holdings Plc named oil-industry veteran Tufan Erginbilgic as its next chief executive officer, replacing Warren East when he steps down at the end of this year.
  • Erginbilgic spent 20 years at BP Plc, and in his most recent role before leaving in 2020 led the firm's downstream business, responsible for refining, petrochemicals and service-station activities. He is currently a partner at private-equity firm Global Infrastructure Partners.

Bajram Begaj Takes Oath as Albania's New President

  • The newly-elected President of the Republic of Albania, Bajram Begaj, took oath at a swearing-in ceremony in the parliament.
  • Begaj was elected President on June 4. A total of 83 lawmakers participated in the voting that took place in the plenary session in the parliament, where Begaj received 78 votes in favour, while four lawmakers voted against and there was one abstention.
  • He was a major general (Maj Gen) and held the post of chief of general staff of the Albanian Armed Forces before the election as President of Albania, a post he is set to hold over the next five years.

Jul 26, 2022

World Bank Appoints Indian National Indermit Gill as Chief Economist

  • The World Bank appointed Indermit Gill, an Indian national, chief economist and senior vice-president for development economics at the multilateral development bank.
  • Indermit Gill brings to this role a combination of leadership, invaluable expertise and practical experience working with country governments on macroeconomic imbalances, growth, poverty, institutions, conflict, and climate change.
  • Gill is only the second Indian to serve as chief economist at the World Bank. Kaushik Basu was the first, having served in the job from 2012-2016. Raghuram Rajan and Gita Gopinath have served as chief economists at the International Monetary Fund, the sister organisation of the World Bank.

Jul 25, 2022

India, Six others Vote against Resolution to Grant UN Accreditation to 6 Rights Groups

  • India along with six others voted against a draft resolution presented by the US that recommended six human rights groups, which have been blocked for years in the United Nations' NGO Committee, be granted special consultative status at the UN Economic and Social Council.
  • At the meeting of the 54-member Economic and Social Council (ECOSOC), the Committee on Non-Governmental Organisations recommended 203 groups for special consultative status.

Thai PM Prayut Chan-o-cha Survives No-confidence Vote in Parliament

  • Thai Prime Minister Prayut Chan-o-cha thwarted an attempt by the opposition to unseat his government after surviving a no-confidence vote in Parliament ahead of a general election due within 11 months.
  • Prayut, former army chief who has been in power since a coup he led in 2014, won the vote in the House of Representatives after receiving 256 votes in favour and 206 against with nine abstentions from the MPs.
  • The vote followed four days of censure debate and was the latest attempt by the opposition to unseat Prayut's government.

Jul 24, 2022

Sheikh Mohammed Sabah Al Salem Kuwait's NewPrime Minister

  • Kuwait's Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah appointed Sheikh Mohammed Sabah Al Salem as a new Prime Minister. The appointment of a new PM came three months after former Prime Minister Sheikh Sabah Al-Khaled Hamad Al-Sabah submitted his resignation, the fourth in the past two years and a half.
  • Sheikh Al-Salem held a number of positions; most notably, as a teaching assistant, and a member of a mission in the Economics Department at the College of Commerce, Economics and Political Science at Kuwait University, for 6 years, extending from 1979 until 1985.
  • In 2003, he served as Minister of Foreign Affairs and Acting Minister of Social Affairs and Labor.
  • In 2006 he was appointed Deputy Prime Minister and Minister of Foreign Affairs, and after only 4 months, he was reappointed to the same positions. He also held the same positions in the 2007, 2008, and 2009 ministerial reshuffles, in addition to occupying the acting Ministry of Oil.

Ukraine, Russia sign U.N. Deal to Export Grain on Black Sea

  • Russia and Ukraine signed separate agreements with Turkey and the United Nations clearing the way for exporting millions of tons of desperately needed Ukrainian grain, as well as Russian grain and fertilizer, ending a wartime standoff that had threatened food security around the globe.
  • Russian Defence Minister Sergei Shoigu and Ukrainian Infrastructure Minister Oleksandr Kubrakov signed separate deals with U.N. Secretary General Antonio Guterres and Turkish Defence Minister Hulusi Akar. The ceremony was witnessed by Turkish President Recep Tayyip Erdogan.
  • Ukraine is one of the world's largest exporters of wheat, corn and sunflower oil, but Russia's invasion of the country and naval blockade of its ports had halted shipments.

IAPH Appoints Ennarasu Karunesan as its Representative in India

  • The Tokyo-based International Association of Ports and Harbours (IAPH), the global ports' forum for industry collaboration and excellence, appointed Ennarasu Karunesan as its official representative in India.
  • Mr. Ennarasu is a mechanical engineer with more than 33 years of leadership in the maritime and ports sector. He currently serves as an advisor to Indian ports. During 2015-19, he was the joint president and CEO of Adani Ports & Special Economic Zone (APSEZ), Gujarat.
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