List of International Organizations and their Headquarters (PART - 1)
This article has covered all of the major international organizations and their headquarters. You can expect one or two questions from the International organization and their headquarters if you are studying for a government exam. The full form, founding year, and their headquarters can all ask the query.
The World Bank
The World Bank Group works in every major area of development. It provides a wide array of financial products and technical assistance and helps countries to share and apply innovative knowledge.
Washington D.C. (U.S.A.)
David R. Malpass
India and The World Bank
India was one of the 17 countries, that prepared the agenda for the Bretton Woods Conference (June 1944). It is a founding member of WB
International Monetary Fund (IMF)
The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other.
27th December, 1945
Washington D.C. (U.S.A.)
The International Monetary Fund (IMF) is an organization of 189 countries.
India and IMF
India joined the IMF on December 27, 1945, as one of the IMF's original members.
World Trade Organization (WTO)
The WTO provides a forum for negotiating agreements aimed at reducing obstacles to international trade and ensuring a level playing field for all, thus contributing to economic growth and development. The current body of trade agreements consists of 16 different multilateral agreements (to which all WTO members are members) and two different plurilateral agreements (to which only some WTO members are members).
1 January 1995
|Director-General of WTO|
Roberto Azevêdo (Director-General)
The WTO has 164 members and 23 observer governments. Liberia became the 163rd member on 14 July 2016, and Afghanistan became the 164th member on 29 July 2016.
India and WTO
India has been a WTO member since January 1, 1995
Bank for International Settlements (BIS)
The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, foster international cooperation in those areas, and act as a bank for central banks.
May 17, 1930
It is an Organization of 60 Central Banks in different countries. India is also a member of the BIS.
World Economic Forum (WEF)
The World Economic Forum is committed to enhancing the state of the world. The Forum engages the foremost political, business, and other leaders of society to shape global, regional, and industry agendas.
The World Economic Forum provides a platform for the world’s 1,000 leading companies to shape a better future. As a membership organization, the Forum engages businesses in projects and initiatives both online and offline means to address industry, regional and systemic issues.
The Asian Development Bank
The Asian Development Bank aims to make Asia free from poverty. Its mission is to help developing member countries reduce poverty and improve the quality of life of their people.
As a multilateral development finance institution, ADB provides:
- technical assistance
19 December 1966
Mandaluyong, Metro Manila, Philippines
It was established in 1966. ADB has grown to encompass 67 members.
India and ADB
India is a founding member of the ADB and is now the fourth-largest shareholder.
New Development Bank
The Bank will provide technical and financial assistance for projects to be supported by the NDB and engage in information, cultural and personnel exchanges with the purpose to achieve environmental and social sustainability.
During the sixth BRICS Summit in Fortaleza (2014), the leaders of BRICS nations signed the Agreement establishing the New Development Bank (NDB).
Bank’s Articles of Agreement specifies that all members of the United Nations could be members of the bank, however, the share of the BRICS nations can never be less than 55% of the voting power.
At present BRICS nations are the members of NDB
India and NDB
As a member of BRICS, India is one of the founding members of NDB. India has 20% shareholding and 20% of voting rights in NDB.
The Asian Infrastructure Investment Bank (AIIB)
AIIB offers sovereign and non-sovereign financing for sound and sustainable projects in energy and power, transportation and telecommunications, rural infrastructure and agriculture development, water supply, sanitation, environmental protection, urban development, and logistics.
The bank currently has 70 members and 23 prospective members.
India and AIIB
Fund Shares of countries-
China- 30.34 %
India- 8.52 %
Russia- 6.66 %
Voting shares of countries-
China- 26.06 %
India- 7.5 %
Russia- 5.92 %
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