Ministry of External Affairs Current Affairs - 2020

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India attends Munich Security Conference in Germany

The Munich Security Conference is being held in Germany between February 14, 2020 and February 16, 2020. The Conference was attended by External Affairs minister Jaishankar representing India.

Highlights

The Minister met his counterparts of Georgia, Portugal and Lithuania on the sidelines of the conference. The minister his Portugal Counterpart as a backdrop of its President visiting India. With Portugal to preside over the leadership of the European Union council, there are good opportunities for India to extend its relations with European Union.

Munich Security Conference

The Conference is one of the world’s leading forum that debates on international security policy. Every year more than 350 officials from 70 countries attend the conference. It includes heads of the states, members of parliaments, representatives of armed forces, business, media. etc. It was founded in 1963.

The other events conducted on the sidelines of the summit include Cyber Security Summit and Energy Security Summit. The cyber Security Summit was first launched in 2012. The Energy security summit was first started in 2013.

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India-Central Asia Business Council launched in New Delhi

The Ministry of External Affairs along with FICCI (Federation of Indian Chambers of Commerce and Industry) recently launched the India-Central Asia Business Council. They were joined by 5 countries namely Tajikistan, Uzbekistan, Turkmenistan, Kazakhstan and Kyrgyz Republic. The Council will act as a common platform for the businesses of Central Asia and India.

Highlights

According to the External Ministry trade between the countries stand at 2 billion USD. The Council discussed on making the Chabahar port commercially attractive. The Council will also aim at promoting trade and investment between India and the four countries. They will focus on oil and gas, renewable and non-renewable energy, life sciences, pharmaceutical, agro-food processing, IT, urban infrastructure, tourism and transport.

Background

The Council is the outcome of India and Central Asia Dialogue that was held in Samarkand, Uzbekistan in 2019. The Dialogue and the Council formed are part of India’s Central Asia Policy. Under Central Asia Policy India aims to build strong political relations and will aim to strengthen security cooperation.

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