Class Notes 4 You

Intro- India and Nepal are joined by the umbilical cord of religion,culture,economy and shared strategic interests. It has been called as roti beti ka rishta by former EAM Sushma Swaraj. This puts Nepal at the top of the pyramid in India’s neighbourhood first policy context: India Nepal treaty of peace and friendship of 1950 forms the bedrock of the special relations that exist between India and Nepal. cooperation: 8 million Nepali citizens work in India. Surya Kiran military exercise; Indian army provides training to Nepal army, helps in modernization by supplying equipments India was the first to rush to Nepal's assistance in the wake of 2015 earth quake with NDRF teams and essential supplies. Also India announced $1B of reconstruction package Twin cities : Ramayana circuit( Janakpur to Ayodhya), lumbini Bodhgaya , Pashupatinath and Varanasi annual summits through Joint commission mechanism PM Modi proposed HIT(highway,IT,trade) formula for Nepal's development Integrated chec...

Misc points- In the wake of COVID19, regional initiatives will become the “ Goldilocks option” - the happy medium between globalization and hyper nationalism emergence of plurilaterals and mini-laterals by middle powers in the wake of US reluctant to provide leadership and china revising the rules of multilateral engagement Use liberal institutionalism, complex interdependence ,functionalism in ques of regional org. BRICS (15 years in 2021, expect a ques) Jim o Neil , chief economist of Goldman Sachs coined bric in 2001 in a paper “The world needs better economic BRICs.” said these would surpass GDP of G6 by 2040. Fareed zakaria calls it post american world order. Describes BRICS as fall of west and rise of rest. 43% of world population, 37% of world GDP, 17% share in world trade Important platform for south south coop cooperation: International terrorism climate change food and energy security Reform of Bretton woods WTO doha development agenda At  BRICS summit in 2016, india ga...