2. Bank for International Settlement (BIS)
In 1930 – Western Europe
BASEL Switzerland. Office in Hong Kong and Mexico City
Reparation from Germany
Conduct for Global Financial Stability
Lender of Last Resort
Seminars and Workshops
Research and Statistics:
- Global Banking
- Foreign Exchange
- Financial Market and Derivative Market Securities
BIS – India best in digital financing
BIS – Seeking feedback for crypto regulations
BIS – Track on volume of Currency Trade
Mission 2025
3. Food and Agriculture Organization of UN
Defeat Hunger, Improve Nutrition and Food Security (1945)
Rome, Italy
Programs:
- Developing Agriculture, Fisheries, Forestry, Land and
Water Resources
- Technical Assistance and Research for improvising yield
- Workshops and Seminars for Training and Education
purposes
- Publishing Research Papers, Journals, Books and
Bulletins
Initiatives:
- AAD (Action Against Desertification) program in Burkina
4. International Labor Organization - UN
Geneva, Switzerland (1919) then Under UN in 1945.
Child Labour, Employment Promotion, Equality and
Discrimination, Green Jobs, Informal Economies,
International Labor Standards, Labor Migration, Safety and
Health at Work, Skills and Employability and Social
Security.
Peace Prize 1968
It Covers:
Vocational training and vocational rehabilitation;
Employment policy and social security;
Labor administration and statistics;
Labor law and industrial relations;
Working conditions and cooperatives; and
5. International Labor Organization - UN
Walmart, Zara, Gap and H&M publicized commitment to
address forced labor.
Responsible sourcing against human trafficking.
US cuts Thailand’s duty free privilege because of poor
labor conditions. (Under GSP)
ILO – Women are half of documented migrant workers in
ASEAN (Underpaid problem).
6. OECD
36 Members, 1948, Paris
High Income Economies with high HDI
It was developed for monitoring US funded Marshall Plan
The functions of OECD are:
Promoting health and safety
Promoting local and regional development
Combating international tax avoidance
Accelerating development
Fighting corruption
Guiding economic reforms of nations
Improving educational system
7. Shanghai Cooperation
Organisation
2001, Shanghai, 8 Permanent + 4 Observer
The main functions of SCO are:
Strengthening mutual trust and neighborliness among the
member states
Promoting their effective cooperation in politics, trade, the
economy, research, technology and culture, as well as in
education, energy, transport, tourism, environmental
protection
Making joint efforts to maintain and ensure peace, security
and stability in the region
Establishment of a democratic, fair and rational new
8. Shanghai Cooperation Organization
There are three type of members in SCO:
Permanent members: The SCO comprises eight member states:
India
Kazakhstan
China
Kyrgyzstan
Pakistan
Russia
Tajikistan
Uzbekistan
Observer States: There are four observer states:
Afghanistan
Belarus
Iran
Mongolia
Dialogue Partners: There are six dialogue partners:
Azerbaijan
Armenia
Cambodia
Nepal
Turkey
Sri Lanka
9. United Nations Security Council
League of Nations (1920) to UNSC
1945, 15 Members (5+10)
5 Members – US, UK, France, China, Russia
10 Temporary – Belgium, Dominican Republic, Estonia,
Germany, Indonesia, Niger, Saint Vincent, South Africa,
Tunisia, Vietnam
Objectives
To maintain international peace and security;
To develop friendly relations among nations;
To cooperate in solving international problems and in
promoting respect for human rights;
And to be a centre for harmonizing the actions of nations.
10. UNSC Action
Beyond this, the Council may opt for enforcement
measures, including:
Economic sanctions, arms embargoes, financial penalties
and restrictions, and travel bans;
Severance of diplomatic relations;
Blockade;
Or even collective military action.
11. UNSC Action
Korean War(1954)
Congo Crisis (1965)
SUEZ Crisis(UK, France and Israel in 1956 wanted control
but refuted by USA and Soviet Union)
Collapse of Soviet Union (1989)
12. UNSC Action
India blast Pakistan over Un platform for spreading
Malware of Terrorism (Syed Akbarudin)
China went to UN for countering India over J&K as
separate state
UN interference in Haiti Political Affairs
UN Peacekeeping (Blue Helmet)
13. IAEA
Established in 1957, Vienna, Austria
Missions:
- Peaceful Uses – For peaceful use
- Safeguards – Not for military purpose
- Nuclear Safety – High standard of safety