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INTERNATIONAL AFFAIRS - August 2015

Aug 2015

Apr 08, 2025

Commonwealth Law Conference

  • Supreme Court judge Justice Surya Kant underlined the need for a consensus-driven approach, which celebrates diversity of thought, to solve global challenges like economic inequality and climate change.
  • While speaking at the 24th Commonwealth Law Conference, 2025, in Malta, Justice Surya Kant presented his views on "Democrats and Despots – Does Consensus Work?"

Kazakhstan Discovers Largest Rare Earth Metals Deposit

  • Kazakhstan uncovered its largest rare earth deposit to date, located in the Kuirektykol site within the Karaganda region.
  • The discovery, announced by the Ministry of Industry and Construction, estimates resources of nearly one million tons of rare earth metals, a critical component for green energy technologies and modern electronics.
  • In addition to Kuirektykol's reserves, the larger Zhana Kazakhstan strata-bound area is projected to hold over 20 million tons of rare earth metals at depths of up to 300 meters.

UN Elects India by Acclamation to ISAR for 2025-27 Term

  • India secured an uncontested position in the United Nations Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) for the 2025–2027 period.
  • In its capacity as an ISAR member, India is positioned to significantly influence the development of financial reporting structures that promote transparency, responsibility and uniformity across countries.
  • Operating under the United Nations Conference on Trade and Development (UNCTAD), ISAR serves as an essential organisation focused on enhancing worldwide accounting standards and corporate disclosure practices.

Apr 06, 2025

Bangladesh Takes Over Chairmanship of BIMSTEC for Next Two Years

  • Bangladesh officially became the new Chair of BIMSTEC for the next two years. It received the leadership from Thailand, the previous Chair.
  • Chief Advisor of Bangladesh, Muhammad Yunus, accepted the chairmanship. He said that Bangladesh will focus on making BIMSTEC more inclusive (involving everyone) and action-oriented (focused on real results).
  • Bangladesh now has a big role in leading BIMSTEC and helping the region move forward together. With cooperation and shared goals, the BIMSTEC countries hope to build a stronger and more connected South and Southeast Asia.

Apr 05, 2025

India Ranks 36 Out of 170 Nations on Readiness for Frontier Technologies Global

  • India ranked 36th out of 170 nations on a global index measuring a country's readiness for frontier technologies, improving its ranking from last year, according to a UN report.
  • The 2025 Technology and Innovation Report, issued by UN Trade and Development (UNCTAD), stated that India ranked 36th in 2024 on the 'Readiness for Frontier Technologies' index, improving its position from 48th in 2022.
  • The index combines indicators for ICT deployment, skills, research and development (R&D) activity, industrial capacity, and access to finance.

Apr 04, 2025

Bay of Bengal Nations to Strengthen Cooperation at BIMSTEC Summit in Thailand

  • Prime Minister Narendra Modi participated in the 6th BIMSTEC Summit in Bangkok, Thailand. The theme of the Summit is 'BIMSTEC – Prosperous, Resilient and Open.' The Bangkok Vision 2030 was adopted at the Summit, and the Report of the BIMSTEC Eminent Persons' Group was also endorsed to chart the future direction of BIMSTEC.
  • BIMSTEC brings together seven countries located in the Bay of Bengal – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. The Bay of Bengal is the heart of the Indian Ocean Region. BIMSTEC is the only regional organisation, which brings together five countries from South Asia and two countries from Southeast Asia. BIMSTEC represents a significant share of the global population, GDP and external trade. India is one of the four founding members of BIMSTEC.

Apr 01, 2025

Syrian President Ahmed al-Sharaa Forms Transitional Government

  • Syrian President Ahmed al-Sharaa announced the formation of a transitional government, appointing 23 ministers in a diverse new cabinet.
  • As per reports, the government, which was revealed, includes Yarub Badr, an Alawite, as Transport Minister, while Amgad Badr from the Druze community will oversee the agriculture ministry.
  • Unlike traditional structures, the government will not have a Prime Minister, with al-Sharaa expected to directly lead the executive branch.
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