General Studies 2

Organization of the Petroleum Exporting Countries (OPEC) What is it?: It is a permanent intergovernmental organization of oil-exporting countries. Headquarters: Vienna, Austria. Mission: To coordinate and unify the petroleum policies of its Member Countries. Ensure the stabilization of oil prices … Continue reading →

What is it?: It is an international intergovernmental organization based in Paris that was established in 1974. Mandate: To maintain the stability of the international oil supply. Formation: In response to the 1973 oil crisis, in which the supply chain … Continue reading →

What is it?: The International Criminal Court (ICC) is an intergovernmental organisation and international tribunal. Headquarters: Hague, Netherlands. Purpose: It looks into and prosecutes those accused of heinous offences such as genocide, crimes against humanity, war crimes, and acts of … Continue reading →

What is it?: FATF is the global money laundering and terrorist financing watchdog set up in 1989. Launch: Launch by G7 countries at Paris. FATF Secretariat:  Located at the OECD headquarters in Paris. Functions The FATF reviews money laundering and … Continue reading →

What is it?: Asian Pacific Postal Union (APPU) is an intergovernmental organisation comprising 32 member countries in the Asia-Pacific region. Headquarters: Bangkok, Thailand. Aim: To extend, facilitate, and improve postal relations between the member countries and promote cooperation in the … Continue reading →

What is it?: It is a multilateral development bank jointly founded by the BRICS countries at the 6th BRICS Summit in Fortaleza, Brazil in 2014. Aim: It was formed to support infrastructure and sustainable development efforts in BRICS and other … Continue reading →

What is it?: The BRICS Contingent Reserve Arrangement (CRA) is a framework that provides liquidity and other support to BRICS nations in the event of short-term balance of payments crises.  Formation: The CRA was signed in 2014 by the BRICS … Continue reading →

What is it?: The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Formation: Established in 2015 and operational in 2016. Headquartered: Beijing, China Shareholders: China is the … Continue reading →

Formation: Established in 1966 Headquarters: Manila, Philippines. Members: Owned by 68 members Aim: It aims to promote social and economic development in Asia and the Pacific. Other Objective It is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia … Continue reading →

Basics  Capital: Mexico City Borders Countries: United States of America,Guatemala, Belize to the southeast. Maritime Boundaries: Pacific Ocean, the Caribbean Sea, and the Gulf of Mexico. Areas of Cooperation Historical Background Diplomatic Ties: Formally established in 1950. Early Cooperation: Both … Continue reading →