MFN – Most Favoured Nation In international economic relations and international governmental issues, MFN which has abbreviation Most Favoured Nation is a status or level of treatment concurred by one state to another in exchange or trade at international level. The term MFN implies that the country which is the beneficiary of this treatment should … Read more
METO – Middle East Treaty Organization The Central Treaty Organization or CENTO is originally known as the Baghdad Pact or the Middle East Treaty Organization or METO. It was set up in the year 1955 by many countries such as Iran, Iraq, Pakistan, Turkey, and the United Kingdom. Later on, the Middle East Treaty Organization … Read more
UNCSTD:- United Nations Conference on Sciences and Technology for Development UNCSTD stands for United Nations Conference on Sciences and Technology for Development. It is a subsidiary body of Economic and Social Council (ECOSOC), which is one of the six main organs of the United Nations. The commission first met for the first time in April … Read more
UNCLOS:- United Nations Conference on Law of the Sea UNCLOS stand for United Nations Convention on Law of the Sea. It is also known as the Law of the Sea Convention or the Law of the Sea Treaty. It is the international agreement which was a result of the third United Nations Conference on the … Read more
UNCED:- United Nations Conference on Environment and Development UNCED stands for United Nations Conference on Environment and Development. It is also known as the Rio de Janeiro Earth Summit or the Rio Summit, the Rio Conference or the Earth Summit. It was a major United Nation Conference in Rio de Janeiro from 3rd to 14th … Read more
UNAEC:- United Nations Atomic Energy Commission UNAEC stands for United Nations Atomic Energy Commission. UNAEC was founded on 24th January 1946 under Resolution 1 of the United Nations General Assembly resolution. It was formed to deal with specific problems which started cropping up after the discovery of atomic power. It had four specific functions: To … Read more
ULFA:- United Liberation Front of Assam ULFA stand for United Liberation Front of Assam. It is a separatist outfit which is mostly based in Assam but also in other North Eastern states for the indigenous Assamese people. It seeks to establish a sovereign Assam with the help of an armed struggle. The government of India … Read more
TWA:- Trans World Airlines TWA stands for Trans World Airlines. Trans World Airlines was a major American Airline that began operation in 1930 and existed till 2001. It was started as Transcontinental and Western Air. It was one of the “Big Four” domestic airlines operators in the United States along with American Airline, United Airlines … Read more
TRQ:- Tariff Rate Quota TRQ stands for Tariff Rate Quota. A Tariff Rate Quota is a two-tiered international trade tariff that combines two policy instruments used historically to protect domestic production by restricting imports. The two-tiered structure includes Import Quota and Tariffs respectively. The Import Quota is set at a Quantitative threshold for a designated … Read more
TRAI:- Telecom Regulatory Authority of India TRAI stands for Telecom Regulatory Authority of India. The Telecom Regulatory Authority of India is a statutory body set up by the Government of India under section 3 of the Telecom Regulatory Authority of India Act, 1997. It is a regulator of the Telecommunication Sectors of India. It has … Read more