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India in Talks for Full Membership with IEA

India in Talks for Full Membership with IEA
  • India is engaged in discussions with ministers from member countries of the International Energy Agency (IEA) regarding its application to attain full membership in the Paris-based organization, comprising 31 nations. These talks acknowledge India’s strategic significance in addressing global energy and climate challenges, as highlighted during the IEA’s 2024 ministerial meeting held in Paris.
  • The IEA acknowledges India’s pivotal role in addressing global energy and climate issues.
  • India’s formal request for full membership was submitted in October 2023, subsequent to its status as an associate member since 2017.
  • The IEA, comprising 31 member countries and eight associates, has four countries, including India, seeking full membership.
  • Full membership prerequisites include OECD membership and maintaining strategic oil reserves equivalent to 90 days of net imports.

Also Read: Persons: Weekly Current Affairs Bitbank (January 15 to 21, 2024): Who assumed the charge of Director General Naval Operations (DGNO) in the Indian Navy?

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Published date : 15 Feb 2024 04:56PM

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