10 PM Current Affairs Quiz : December 1, 2018

Nine Point Agenda Suggested By India to G-20 for Action Against Fugitive Economic Offences And Asset Recovery

Strong and active cooperation across G-20 countries to deal comprehensively and efficiently with the menace fugitive economic offenders.

Cooperation in the legal processes such as effective freezing of the proceeds of crime; early return of the offenders and efficient repatriation of the proceeds of crime should be enhanced and streamlined.

Joint effort by G-20 countries to form a mechanism that denies entry and safe havens to all fugitive economic offenders.

Principles of United Nations Convention Against Corruption (UNCAC), United Nations Convention Against Transnational Organized Crime (UNOTC), especially related to “International Cooperation” should be fully and effectively implemented.

FATF should be called upon to assign priority and focus to establishing international co-operation that leads to timely and comprehensive exchange of information between the competent authorities and FIUs.

FATF should be tasked to formulate a standard definition of fugitive economic offenders.

FATF should also develop a set of commonly agreed and standardized procedures related to identification, extradition and judicial proceedings for dealing with fugitive economic offenders to provide guidance and assistance to G-20 countries, subject to their domestic law.

Common platform should be set up for sharing experiences and best practices including successful cases of extradition, gaps in existing systems of extradition and legal assistance, etc.

G-20 Forum should consider initiating work on locating properties of economic offenders who have a tax debt in the country of their residence for its recovery.

The membership of EAS consists of ten ASEAN Member States (i.e. Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Singapore, Thailand, the Philippines and Vietnam), Australia, China, India, Japan, New Zealand, Republic of Korea, Russian Federation and the USA

SCO members are –  China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India and Pakistan

The heads of state and government of all five BRICS nations including Brazil, Russia, India, China and South Africa convened for the 10th BRICS Summit in Johannesburg, South Africa.

The summit saw the BRICS leaders come together and discuss various international and regional issues of common concern and adopted the ‘Johannesburg Declaration’ by consensus. The declaration reaffirms principles of democracy, inclusiveness and agrees to fight unilateralism and protectionism.

BRO develops and maintains road networks in India’s border areas and friendly neighbouring countries. It functions under the Defence Ministry. It plays pivotal role in construction, maintenance and upgradation of strategic infrastructure, in remote and far flung border areas as well.

India to Chair Kimberley Process from 1st January 2019

The Kimberley Process Certification Scheme (KPCS) Plenary 2018, was held in Brussels, Belgium, from 12th-16th November 2018.EU handed over the Chairmanship of KPCS to India from 1st January, 2019.

The Kimberley Process Certification Scheme (KPCS) is the process established in 2000 to prevent “conflict diamonds” from entering the mainstream rough diamond market by United Nations General Assembly Resolution

The NITI Aayog organized a day-long dialogue on “Health System for A New India: Building Blocks”, with national and international academia, practitioners, Indian policymakers and other stakeholders of the healthcare ecosystem.

The dialogue was the first in the series of NITI Aayog’s “Development Dialogues” that aims to facilitate multisectoral conversations on India’s developmental issues, which constitute a part of the country’s 15 Year Vision document.