Current Affair Category: International Relations

The UN Watercourses Convention (1997): Full Name: Convention on the Law of the Non-Navigational Uses of International Watercourses. This is the most significant global framework for shared fresh water. It does not replace local treaties (like the Indus Waters Treaty) but provides a template for them. Core Principles: Equitable and Reasonable Utilization (Article 5): Countries […]

The 3rd India-Nordic Summit is scheduled to take place from May 15 to May 20, 2026, in Oslo, Norway. This summit is particularly significant as it follows the landmark India-EU Free Trade Agreement (FTA) concluded in January 2026 and the India-EFTA TEPA (Trade and Economic Partnership Agreement). 1. Participants & Context: Host: Norway (Oslo). Members: […]

Why in News ? The European Union (EU) is planning an expansion of its Carbon Border Adjustment Mechanism (CBAM) and the move could increase carbon tax costs on Indian manufactured exports to Europe. Carbon Border Adjustment Mechanism (CBAM): What is CBAM? A carbon tax on imports imposed by the European Union. Targets goods produced in […]

Why in News ? The External Affairs Minister S. Jaishankar attended the AZEC Plus meeting convened by Japan, where he stressed India’s commitment to safe maritime trade and stronger global energy supply chains. The meeting also highlighted concerns over disruptions in West Asia and the need for stable energy flows and regional cooperation. The Asia […]

Why in News ? The One Health Summit recently took place in Lyon, France, with the High-Level Summit on 7 April, coinciding with World Health Day. Hosted by the French Government as one of the flagship events of the G7 French Presidency, the Summit will convene Heads of State and government, international organizations, scientists, civil […]

The Renewables 2025 Global Status Report (GSR 2025) is the 20th edition of the world’s most comprehensive annual overview of the renewable energy sector. Published by REN21 (a global multi-stakeholder network), it serves as the benchmark for measuring global progress in the transition to a renewables-based economy. Key Findings & Statistics Top Performers: Brazil, China, […]

 The Foreign and International Monetary Authorities (FIMA) Repo Facility is a permanent liquidity tool established by the Federal Reserve to stabilize the global U.S. dollar market. It acts as a “backstop,” ensuring that foreign central banks can access dollars without being forced to sell their U.S. Treasury holdings during times of stress. What is the […]

The article by Anil Sasi outlines the potential consequences and logistical hurdles of a U.S. military operation to take control of Iran’s primary oil export hub. The Strategic Value of Kharg Island: Kharg Island serves as the economic heart of Iran, handling roughly 90% of its oil exports. Since mid-February 2026, Iran has ramped up […]

Why in News? The MC14 is being held from March 26 to 29, 2026, in Yaoundé, Cameroon. As the WTO’s highest decision-making body, this conference is meeting at a time when the global multilateral trading system is facing an existential crisis due to rising unilateralism, geopolitical tensions (US-China), and the collapse of the dispute settlement […]

FCRA Amendment Bill: 2026 The primary goal of this bill is to give the Government of India greater control over the assets (land, buildings, equipment) of Non-Governmental Organizations (NGOs) whose licenses have been cancelled or have expired. Key Provisions State Takeover of “Orphaned” Assets (Section 14B): The Rule: If an NGO’s FCRA registration is cancelled, […]