IMPORTANT INTERNATIONAL INSTITUTIONS, AGENCIES AND FORA: THEIR STRUCTURE, MANDATE
International institutions, agencies, and fora play a pivotal role in maintaining global governance, ensuring that international relations, trade, development, and security issues are addressed in a coordinated and cooperative manner. India, as an emerging global power, has increasingly taken an active role in these organizations to further its national interests while contributing to global peace, security, and development
1.Global Governance Framework: International institutions and agencies are part of a broader global governance framework that seeks to regulate interactions between nations, manage global issues, and ensure peace, security, and development. Institutions like the United Nations (UN), World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank serve as platforms for multilateral diplomacy, economic cooperation, and conflict resolution.
2.Agencies and Fora: Beyond the UN system, specialized agencies such as the World Health Organization (WHO), United Nations Educational, Scientific and Cultural Organization (UNESCO), International Labour Organization (ILO), and others play important roles in addressing sector-specific global challenges. Additionally, informal groupings like the G20, BRICS, and ASEAN Regional Forum (ARF) provide platforms for regional and global dialogue.
Regulating Global Trade and Economy
Institutions like the WTO, IMF, and World Bank are essential in shaping international economic policies, regulating trade, and providing financial assistance for development. The WTO, for instance, plays a central role in overseeing global trade rules, ensuring that trade flows as smoothly and predictably as possible.
1.Global Security and Peace: Organizations such as the United Nations Security Council (UNSC), North Atlantic Treaty Organization (NATO), and International Atomic Energy Agency (IAEA) focus on maintaining global peace and security. The UNSC, in particular, is critical in authorizing peacekeeping missions and enforcing international sanctions.