NSG Current Affairs

NSG plenary meeting held in Jurmala, Latvia

The Nuclear Suppliers Group (NSG) plenary meeting took place on in Jurmala, Latvia after Latvia assumed chairmanship of NSG for 2018-19. With this, Latvia became first Baltic state to chair the NSG. There was no headway in India’s application for NSG entry in this plenary meeting. India had applied for NSG membership at 2016 Seoul plenary session, but it was objected by few member countries of NSG including China.

Key Highlights of meeting

Participation Non-NPT States: NSG member states continued discussions on issue of technical, legal and political aspects of participation Non-NPT States of in NSG initiated at its 2016 Seoul plenary. There was no headway this time for considering India’s membership despite thaw in relationship with China. There was no specific reference to Pakistan’s application to the NSG.

Waiver to India: NSG continues to consider all aspects of implementation of the 2008 Statement on Civil Nuclear Cooperation with India (or NSG waiver for India) and discussed NSG relationship with India.

On North Korea: Participating Governments of NSG reconfirmed their commitment to UN Security Council resolutions 2371 (2017), 2375 (2017), 2397 (2017) and previous relevant UNSC resolutions, which reaffirm that North Korea will immediately abandon all nuclear weapons and existing nuclear programmes in complete, verifiable and irreversible manner. They noted that supply of all controlled items to North Korea is prohibited according to above resolutions. They noted with encouragement the recent Inter-Korean summits and North Korea-US summit.

On Iran: They acknowledged continued implementation of Joint Comprehensive Plan of Action (JCPOA) and Iran by E3/EU+2 (United Kingdom, France, Germany + Russia, China) and Iran. JCPOA is nuclear deal between P-5 (US, UK, Russia. China, France) + 1 (Germany) and Iran.

Nuclear Suppliers Group (NSG)

NSG is a multinational body concerned with reducing nuclear proliferation by controlling the export and re-transfer of materials that may be used for development of nuclear weapons.  It was set up in 1974 as a reaction to India’s first successful nuclear tests (code name Smiling Buddha conducted on 18 May 1974) to stop so called misuse of nuclear material meant for peaceful purposes. Currently, NSG has 48 members.

Month: Categories: International Current Affairs 2018

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India, Switzerland ink two MoUs in the field of Railways

India and Switzerland have signed two Memorandum of Understandings (MoUs) for exchanging technical cooperation in the field of Railways.

They were signed after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi. They also issued Joint press statement.

Signed Pacts

  • MoU between Konkan Railway Corporation Limited (KRCL) and Swiss Federal Institute of Technology, Zurich.
  • MoU between Ministry of Railways and Federal Department of the Environment, Transport, Energy and Communications of the Swiss Federation on Technical Cooperation in Rail Sector.

Key Takeaways of Joint press statement

FDI is a big part of the Indo-Swiss cooperation. Both countries agreed to enhance the business to business cooperation. Both countries are working on new bilateral investment treaty. India thanked Switzerland for supporting for its bid for MTCR and Nuclear Suppliers Group membership.

Switzerland agreed that reforms taken by India will serve good base for expanding cooperation in several areas. Switzerland has accepted automatic exchange of information for transparency in financial transactions with India to effectively combat black money and tax evasion and its parliament is going to pass legislation supporting it by year end. India committed to clean energy and green future and termed climate change as a global challenge.

India-Switzerland

India and Switzerland have long standing relationship and enjoy robust economic ties. Switzerland is being seventh largest trading partner and eleventh largest foreign investor for India. Both countries share common views on many major global issues.

Month: Categories: India Current Affairs 2018

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