Why in news? India and Egypt reiterate support for Non-Aligned Movement after the bilateral engagement

Highlights

• The two countries reaffirmed their commitment to multilateralism, the principles of the United Nations Charter and international law
• Both the nation agreed on founding values of the Non-Aligned Movement, and respect for the sovereignty and territorial integrity of all states

About NAM

• It is a forum of 120 countries that are not formally aligned with or against any major power bloc.
• Largest grouping of states worldwide after the United Nations
• The movement originated in the aftermath of the Korean War, as an effort by some countries to counterbalance the rapid bi-polarization of the world during the Cold War

Founders:

• Formally established in Belgrade, Yugoslavia
• It was formally launched as the Conference of Heads of State or Government of Non-Aligned Countries and the term non-aligned movement first appears in the fifth conference in Colombo
• It is through an initiative of Yugoslav President Josip Broz Tito, Indian Prime Minister Jawaharlal Nehru, Egyptian President Gamal Abdel Nasser, Ghanaian President Kwame Nkrumah, and Indonesian President Sukarno
• Membership is particularly to be developing or part of the Third World
• International policy of non-alignment achieved major successes in decolonization, disarmament, opposition to racism and apartheid in South Africa, and persisted throughout the entire Cold War, despite several conflicts between members