Daily Current Affairs Quiz 2019<\/a><\/strong><\/p>\n\n\n\nChina has been trying to expand its military presence in the\nbiogeographic region, comprising the Indian Ocean and the western and central\nPacific Ocean, including the South China Sea. Beijing claims almost all of the\nSouth China Sea. Vietnam, the Philippines, Malaysia, Brunei and Taiwan have\ncounter claims over the sea.<\/p>\n\n\n\n
Assistant Secretary of State for Energy Resources (ENR)\nFrancis R Fannon is travelling to India from September 30 to October 6 to\nlaunch the Flexible Resources Initiative (FRI, “free”), under the\nUS-India Clean Energy Finance Task Force, an official statement said on\nTuesday.<\/p>\n\n\n\n
“FRI will execute the United States and India’s shared\nvision for Indo-Pacific economic growth fuelled by clean energy,” the\nState Department said.<\/p>\n\n\n\n
The FRI is also a component of the broader US-led Asia EDGE\n(Enhancing Development and Growth through Energy) Initiative, which is a whole-of-government\neffort to grow sustainable and secure energy markets throughout the\nIndo-Pacific, it said. Fannon will co-lead efforts, along with the Federal\nEnergy Regulatory Commission (FERC), as well as partners from US Department of\nEnergy and the US Agency for International Development.<\/p>\n\n\n\n
India’s Ministry of Power will host, along with the Indian\nMinistry of New and Renewable Energy, the Indian Central Electricity Regulatory\nCommission, and the Indian Petroleum and Natural Gas Regulatory Board, the statement\nsaid.<\/p>\n\n\n\n
“Together they will strengthen India’s energy security\nby jointly working towards a national power system for India that is stable,\nreliable, and affordable,” the State Department said.<\/p>\n\n\n\n
The FRI will signal new investment opportunities for a broad\nrange of flexible resources in India such as natural gas and batteries, it will\nenhance commerce surrounding the adoption of flexible resources; and it will\nfacilitate the regulatory and policy frameworks that value and compensate\nflexible resources.<\/p>\n\n\n\n
The broader Asia EDGE initiative seeks to strengthen energy\nsecurity, increase energy diversification and trade, and expand energy access\nacross the region. The Indo-Pacific is key in this effort because it accounts\nfor 60 per cent of the total global increase in energy demand by 2040,\naccording to the International Energy Agency (IEA).<\/p>\n\n\n\n
As such, India represents enormous challenges and\nopportunities, requiring high-level partnerships across public and private\nsectors, it said. India, the US and several other world powers have been\ntalking about the need to ensure a free, open and thriving Indo-Pacific in the\nbackdrop of China’s rising military maneuvering in the region.<\/p>\n\n\n\n
India, the US, Australia and Japan have given shape to the\nlong-pending Quadrilateral coalition to develop a new strategy to keep the\ncritical sea routes in the Indo-Pacific free of Chinese influence.<\/p>\n\n\n\n
In his address to Maldivian Parliament in June, Prime\nMinister Narendra Modi underscored India’s firm commitment to make the\nstrategic Indo-Pacific an area for shared economic growth, saying it has been\n“our lifeline, and also the highway for trade and prosperity.”<\/p>\n\n\n\n
“The Indo-Pacific area is our lifeline and also the\nhighway for trade and prosperity. This is the key to our shared future in every\nsense,” he said during his first foreign visit since being elected to a\nsecond term in May. Modi underlined that at the Shangri-La Dialogue forum in\nSingapore last June, he had stressed on working together “to create\nopenness, integration and balance” in the Indo-Pacific region.<\/p>\n","protected":false},"excerpt":{"rendered":"
India and USA will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. US has been pushing for a broader role by India in the Indo-Pacific region in the backdrop of […]<\/p>\n","protected":false},"author":13,"featured_media":5986,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[782],"class_list":["post-5985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-articles","tag-united-states-of-america"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/5985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=5985"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/5985\/revisions"}],"predecessor-version":[{"id":5987,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/5985\/revisions\/5987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/5986"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=5985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=5985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=5985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}