International Solar Alliance Current Affairs - 2020

India-European Union Summit held via video conferencing

On July 15, 2020, the 15th India-European Union Summit was held through video conferencing. The summit aims to strengthen ties between India and European Union.

PM Modi addressed the summit.

Highlights

Under the Summit, India and European Union agreed to boost their ties in the areas of defence, trade and investment. They agreed to launch a dialogue on maritime security.

The fourteenth India-European Union Summit was held in New Delhi in 2017.

A Roadmap to 2025

The Roadmap to 2025 was created during the 15th India-EU Summit. The roadmap does not give rise to any financial commitments and does not create any legally binding rights or obligations.

Key Takeaways

The leaders at the summit decided to strengthen India-EU strategic partnership. They affirmed their determination to promote multilateralism with United Nations and World Trade Organization (WTO).

European Union is looking forward to India’s Presidency of G20 in 2022.

Clean Energy and Climate Partnership

India and EU discussed the ongoing cooperation under the “Clean Energy and Climate Partnership”.

Bilateral Cooperation

They also reinforced their cooperation in International Solar Alliance (ISA), International Platform on Sustainable Finance (IPSF). These platforms will help in environmentally sustainable investments.

International Conference on Chemical Management

The conference is to be held in Bonn in 2021. The leaders supported the ambitious mandate for an international chemical and waste management framework beyond 2020.

India-EURATOM Agreement

The leaders at the summit welcomed the signing of India-EURATOM agreement on research and development in nuclear energy.

India-Australia sign landmark Defence Agreements

On June 4, 2020, Indian PM Modi and the Australian PM Scott Morrison held India’s first virtual bilateral summit. The leaders signed several agreements during their meet and also discussed about the COVID-19 measures being implemented in their respective countries.

Highlights

India and Australia signed the following agreements namely

  • Framework Arrangement on Cyber Enabled critical Technology
  • MoU on cooperation in processing of Critical and Strategic minerals
  • Implementing arrangement related to cooperation in Defence
  • MoU on cooperation of training and vocational education
  • MoU on understanding water resource management
  • MoU un the field of Governance Reforms and Public Administration
  • MoU on cooperation in mining and processing of strategic minerals.

The Mutual Logistics Support Agreement signed will allow the countries to have access to each other’s military bases. The countries also decided to enhance their 2+2 foreign affairs and defence dialogues.

Background

The countries signed a framework of security cooperation in November 2014. This had laid the foundation for intensified defence, security and foreign policy exchanges between the countries. The countries also share a free open and prosperous Indo Pacific region. Australia supported for India’s non-permanent membership in the United Nations Security Council. Also, Australia backs India at the global initiatives such as Indo-Pacific and International Solar Alliance. Australia had also supported India for the membership of the later at the Wassenaar Arrangement and Australia Group. Also, Australia supports India for its membership to the Nuclear Suppliers Group.