Paris Club
✅The Paris Club is a group of mostly western creditor countries that grew from a 1956 meeting in which Argentina agreed to meet its public creditors in Paris.
✅Objective – To find sustainable debt-relief solutions for countries that are unable to repay their bilateral loans.
✅It is a forum where official creditors meet to solve payment difficulties faced by debtor countries.
✅Member Countries – Australia, Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Israel, Japan, Netherlands, Norway, Russia, South Korea, Spain, Sweden, Switzerland, the United Kingdom and the United States.
✅All 22 are members of the group are also part of the Organisation for Economic Co-operation and Development (OECD).
✅OECD is a group of 37 member countries that discuss and develop economic and social policy.
✅The Paris Club is a group of mostly western creditor countries that grew from a 1956 meeting in which Argentina agreed to meet its public creditors in Paris.
✅Objective – To find sustainable debt-relief solutions for countries that are unable to repay their bilateral loans.
✅It is a forum where official creditors meet to solve payment difficulties faced by debtor countries.
✅Member Countries – Australia, Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Israel, Japan, Netherlands, Norway, Russia, South Korea, Spain, Sweden, Switzerland, the United Kingdom and the United States.
✅All 22 are members of the group are also part of the Organisation for Economic Co-operation and Development (OECD).
✅OECD is a group of 37 member countries that discuss and develop economic and social policy.
🔆 India will be invited as the focal country at the Madrid International Book Fair in 2025, the Ambassador of Spain to the country Jose Maria Ridao announced on 2 February 2023.
✅Spain is the theme country at the 46th International Kolkata Book Fair being held in Kolkata, West Bengal.
✅Started in 1933, Madrid International Book Fair is an annual event held in the Buen Retiro Park in Madrid.
✅There are over 100 events lined up at the pavilion.
✅Spain donated books to five universities in Bengal.
✅Works of Spanish authors are also being published by leading Indian publishing houses.
✅A football dictionary of Spanish to Bengali will be launched at the Kolkata Book Fair, containing terms and phrases used in the Spanish league.
#prelims
@Studytoday1
✅Spain is the theme country at the 46th International Kolkata Book Fair being held in Kolkata, West Bengal.
✅Started in 1933, Madrid International Book Fair is an annual event held in the Buen Retiro Park in Madrid.
✅There are over 100 events lined up at the pavilion.
✅Spain donated books to five universities in Bengal.
✅Works of Spanish authors are also being published by leading Indian publishing houses.
✅A football dictionary of Spanish to Bengali will be launched at the Kolkata Book Fair, containing terms and phrases used in the Spanish league.
#prelims
@Studytoday1
Forwarded from UPSC Editorial analysis
Forwarded from UPSC Editorial analysis