Indian Economy News

India, France, and UAE unveil plans for co-operation under the trilateral framework

  • IBEF
  • February 6, 2023

A trilateral framework between India, France, and the United Arab Emirates unveils a plethora of areas including defence, energy, and technology. They have agreed to cooperate to boost food security in the context of the International Year of Millets-2023, circular economy from India's Mission LiFE, and focus on key issues such as single-use plastic pollution and desertification. This initiative will expand cooperation between the development agencies on sustainable projects and align economic, technological, and social policies keeping in mind the objectives of the Paris climate agreement.

Moreover, this cooperation will serve as a forum to promote energy, focusing on solar and nuclear energy, as well as on climate change along with the protection of biodiversity, particularly in the Indian Ocean region, working closely with the Indian Ocean Rim Association (IORA).

Moreover, a range of trilateral events will be organised in the Indian Presidency of the G20 and the UAE's hosting of COP-28 in 2023. Additionally, they have agreed to expand their corporation on the Mangrove Alliance for Climate led by the UAE and the Indo-Pacific Parks Partnership led by India and France. Further, a corporation is encouraged in multilateral organisations such as World Health Organization (WHO), Gavi-the Vaccine Alliance, the Global Fund, and Unitaid.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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