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INTERNATIONAL AFFAIRS - December 2016

Dec 2016

Mar 28, 2022

First Wildlife Bond Issued by World Bank to Save Africa's Black Rhino

  • The World Bank (International Bank for Reconstruction and Development, IBRD) issued the Wildlife Conservation Bond (WCB)to support of South Africa's efforts to conserve endangered species of Black Rhino. Wildlife Conservation Bond (WCB) is also known as "Rhino Bond". It is a five-year $150 million Sustainable Development Bond. It includes a potential performance payment from the Global Environment Facility (GEF).
  • The bond will contribute to protecting and increasing black rhino populations in two protected areas in South Africa namely the Addo Elephant National Park (AENP) and the Great Fish River Nature Reserve (GFRNR).

Union Minister Shri Anurag Thakur Launches TEJAS Skilling Project at Dubai Expo

  • In March 2022, on Day 2 of his visit to Dubai, Union Minister Shri Anurag Thakur today launched TEJAS (Training for Emirates Jobs And Skills), a Skill India International Project to train overseas Indias. The project is aimed at skilling, certification and overseas employment of Indians. Tejas is aimed at creating pathways to enable Indian workforce to get equipped for skill and market requirements in UAE.The Minister said that our focus is skill this population and provide the world with a large skilled workforce from India.Shri Thakur reiterated Prime Minister Narendra Modi's vision of a strong partnership between India and UAE. Tejas aims at creating a 10,000 strong Indian workforce in UAE during the initial phase.
  • Upon his arrival at the Dubai Expo, the Minister was greeted by a crowd of enthusiastic Indian expatriates outside the majestic Indian Pavilion.

Mar 27, 2022

NATO Extends Jens Stoltenberg's Term for a Year Due to Russia's War

  • NATO Secretary-General Jens Stoltenberg will remain in his role for an extra year to help steer the 30-nation military organization through the security crisis sparked by Russia's war on Ukraine.
  • The former Norwegian Prime Minister was named to NATO's top civilian post in October 2014. It's the second time that his term of office has been extended. His mandate was due to expire in September.

Mar 26, 2022

Nepal Adopts UPI Developed by India for Digital Transactions

  • Nepal adopted the unified payment interface developed by India for digital transactions.
  • Earlier this year, Bhutan also launched a BHIM-UPI based payment service for digital transactions.
  • UPI was launched in India in 2016.

Mar 25, 2022

India, 12 others Abstain in UNSC on Vote on Russian-led Draft Resolution on Ukraine

  • India, along with 12 other UN Security Council members, abstained on a resolution by Russia on the humanitarian crisis in Ukraine.
  • The draft resolution by Russia was co-sponsored by Syria, North Korea and Belarus. It failed to get adopted in the Council as it did not get the required nine votes to pass.
  • Russia and China voted in favour of the resolution while there were no countries voting against. India and the remaining Security Council members abstained.

Mar 24, 2022

Putin Adviser Chubais Quits Over Ukraine War, Leaves Russia

  • A prominent adviser to Vladimir Putin resigned from the government and reportedly left Russia in the highest-ranking defection yet over the Kremlin's invasion of Ukraine.
  • Anatoly Chubais, the Kremlin's special envoy for relations with international organisations for sustainable development, was confirmed to have left the government.
  • Chubais' resignation was motivated by his opposition to President Vladimir Putin's war in Ukraine.
  • Chubais is not a particularly influential member of the government and has no say in security affairs, but his resignation will create headlines in a country where most Russians know his name.
  • Chubais is best known as the architect of Russia's controversial privatisation scheme in the 1990s, which helped create the country's market economy but also concentrated immense wealth in the hands of a group of wealthy oligarchs.

Ukraine Retakes Key Kyiv Suburb from Russians

  • As per reports, Ukrainian forces retook a strategically important suburb of the capital, while Russia's attack on the embattled southern port of Mariupol raged unabated.
  • While Russian forces carried on with the siege of Mariupol after the southern port city's defenders refused demands to surrender, the Kremlin's ground offensive in other parts of the country advanced slowly or not at all, knocked back by lethal hit-and-run attacks by the Ukrainians.
  • Ukrainian troops forced Russian forces out of the Kyiv suburb of Makariv after a fierce battle.
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