India has inked a strategic partnership agreement with the International Energy Agency (IEA), the world’s premier energy monitor, on 27 January 2021. The objective of the MoU is to strengthen cooperation in global energy security, stability and sustainability as well as strengthen mutual trust and cooperation between IEA members and the Government of India.
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The Memorandum of Understanding (MoU) was signed between Power Secretary Sanjiv Nandan Sahai and IEA Executive Director Fatih Birol. This deal will help India to gain full membership of IEA.
Important takeaways for all competitive exams:
- International Energy Agency headquarters: Paris, France.
- International Energy Agency Member Countries: 30.
- International Energy Agency Establishment: November 1974.