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India and IEA signed MoU for global energy security, sustainability

india and iea signed mou for global energy security sustainability Daily Current Affairs Article 29th January 2021: India signed a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability and sustainability.

This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA.

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The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation.

It was established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis.

The IEA is made up of 30 member countries. In addition, the IEA family also includes eight association countries which includes Brazil, China and India.

Three countries are seeking accession to full membership, Chile, Israel and Lithuania.

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