Tag: Central Asia
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India and Shanghai Cooperation Organisation: The Incredible Benefit
By Vartika Aggarwal, Vivekananda Institute of Professional Studies. The Shanghai Cooperation Organisation (SCO) established in 2001, aims to improve and strengthen cooperation on trade and culture between member states in Central Asia, strengthen regional security and stability, and create a new order based on regional cooperation and mutual support. The SCO has Russia, China, Uzbekistan, Kazakhstan, Tajikistan…
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The New Development Bank: An Analysis
By Piyush Jain, Rajiv Gandhi National University of Law, Punjab. The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing US-dominated World Bank and International Monetary Fund. The bank is set…