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INTERNATIONAL AFFAIRS - October 2017

Oct 2017

Apr 28, 2023

Pakistan Largest Recipient of ADB Funded Programmes in 2022

  • The Asian Development Bank (ADB) Annual Report 2022 revealed that Pakistan received loans of $5.58 billion, making it the largest recipient of ADB-funded programs/projects in the year 2022. Out of the total lending, Pakistan received concessional funding of $2.67 billion from the bank, highlighting the dire economic situation in the country. This significant lending reflects the severity of the economic crisis in Pakistan, which has been compounded by political and geopolitical uncertainties.
  • The ADB also provided a combined $2.2 billion, directed through the bank's countercyclical support facility, for the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, and Uzbekistan. All these countries were severely impacted by the food and energy crisis sparked by the Russian invasion of Ukraine. In the case of Pakistan, devastating floods exacerbated the economic woes, leading to domestic inflation and curtailing consumption.

Apr 25, 2023

Bangladesh unveils Indo-pacific outlook; declares stability and prosperity in the Indo-Pacific ke...

  •  Bangladesh officially unveiled its Indo-Pacific Outlook (IPO) outlining four guiding principles and 15 objectives in the document released by State Minister of Foreign Affairs Shahriar Alam in Dhaka.
  • Foreign Minister Dr A K Abdul Momen and the Spokesperson for the Ministry of Foreign Affairs Saheli Sabrin were also present on the occasion.
  • The official document recognizes that stability and prosperity in the Indo-Pacific is a crucial factor in realizing Bangladesh's 'Vision 2041', which aims to build a modern, knowledge-based developed country by 2041. In view of the importance of the Indo-Pacific area for its collective share in global GDP, international trade, and growing technological dynamism among others, Bangladesh envisions a free, open, peaceful, secure, and inclusive Indo- Pacific for the shared prosperity for all.

Mohammad Shahabuddin takes oath as Bangladesh's new President

  •  Speaker Shirin Sharmin Chaudhury administered the oath to 73-year-old Mr. Shahabuddin at the historic Durbar Hall of Bangabhaban. Besides Premier Ms. Hasina and family members of the new President, politicians, Supreme Court judges, and senior civil and military officials attended the event.
  • Mr. Shahabuddin succeeds Abdul Hamid whose tenure ended on April 23. After the swearing-in ceremony, Mr. Shahabuddin signed the oath documents for the office of the President.
  • He was elected as President unopposed in February this year as a candidate of the ruling Awami League.

Apr 24, 2023

Indian-American Radha Iyengar Plumb Becomes US's Deputy under Secretary of Defence

  • The US Senate confirmed Radha Iyengar Plumb, a national security expert, as the Deputy Under Secretary of Defence for Acquisition and Sustainment, the latest Indian-American to be named by the Biden administration for a key position.
  • President Joe Biden had nominated Radha Iyengar Plumb, currently serving as Chief of Staff to the Deputy Secretary of Defence, to this prestigious position in June 2022.
  • By a vote of 68-30, the Senate confirmed Radha Iyengar Plumb to be the Deputy Under Secretary of Defence.

Oliver Dowden Named UK Deputy PM

  • The British government named Oliver Dowden deputy prime minister, replacing Dominic Raab who resigned following a report into claims he bullied colleagues.
  • As deputy prime minister, Dominic Raab had no formal powers but stepped in for the prime minister if he was away from parliament or incapacitated.
  • Lawmaker Alex Chalk was appointed new Justice Minister, a position which was previously held by Raab.

India Climbs 6 Places on World Bank's Logistic Performance Index

  • India climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology.
  • India was ranked 44th on the index in 2018 and has now climbed to 38th in the 2023 listing. India's performance drastically improved from 2014, when it was ranked 54th on the LPI.

Apr 22, 2023

India, Armenia, Iran Hold First-Ever Trilateral Talks

  • The Ministry of Foreign Affairs of India, Armenia and Iran held the first trilateral political consultations in Yerevan, Armenia.
  • The three countries had a wide range of discussions, particularly on economic issues and regional communication.
  • Trilateral cooperation in various fields was also discussed during the meeting.
  • Armenia and India celebrated 30 years of bilateral diplomatic relations in 2022. Armenia and India maintain active political ties. Effective cooperation exists between the two nations within international bodies.
  • After Armenia's independence in 1991, Armenian-Indian relations were re-established in 1992.

Apr 21, 2023

Top National Security Adviser to Brazilian President Lula Resigns

  • Brazilian President Luiz Inacio Lula da Silva's top national security adviser resigned, amid a scandal related to the aide's presence during the storming of government buildings in the capital.
  • The resignation of General Marcos Goncalves Dias, which the President accepted, followed a report from CNN Brasil that included footage of him walking around the presidential palace while a mob ransacked government buildings in Brasilia in January.
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