Tag: India 4th biggest military spender in world: SIPRI

HISTORY

Important days World Intellectual Property Day is observed on 26 April every year It is also known as World IP Day.  It was established by the World Intellectual Property Office (WIPO) in year 2000.  WIPO is a specialised agency of the United Nations which promotes the role of IP in stimulating innovation and creativity.  April 26 was selected as on this day the WIPO Convention came into force in 1970.  Theme 2023: 'Women and IP: Accelerating Innovation and Creativity.' Defence India 4th biggest military spender in world: SIPRI  India, which has sharpened its focus on building its defence capabilities and strengthening military infrastructure along the China border, was the fourth biggest military spender in the world in 2022 after the United States, China and Russia, According to the Stockholm International Peace Research Institute (SIPRI) Saudi Arabia was in fifth place.  The five countries accounted for 63% of the world’s military spending. World Organization Pacts and summits India to host SCO Defence Ministers’ meeting  India as the chair of SCO in 2023 will host the SCO Defence Ministers Meeting on 28 April 2023 in New Delhi. The Defence Ministers will discuss amongst other issues matters concerning regional peace and security, counter terrorism efforts within SCO and an effective multilateralism. About SCO: SCO is a permanent intergovernmental international organization. It was created in 2001. It’s a Eurasian political, economic and military organization aiming to maintain peace, security and stability in the region. India host the SCO summit in 2023. Member nations: Kazakhstan,China, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India, Pakistan. Head Quarters: Beijing, China. The SCO would probably be the largest regional organisation in the world, representing 40% of the global population, 25% of the global GDP and 22% of the world’s total land area.