India, Ukraine Sign Agreements to Strengthen Bilateral Ties
India and Ukraine have taken a big step forward in their relationship by signing four important agreements. These agreements are designed to improve cooperation between the two countries in key areas like defence, trade, medicine, green energy, and education.
Bilateral Talks
Indian Prime Minister Narendra Modi and Ukrainian President Volodymyr Zelenskyy had important discussions where they both expressed a strong interest in upgrading their relationship from a general partnership to a more strategic alliance. While they did talk about the ongoing Russia-Ukraine conflict, they made sure to focus on the importance of strengthening ties between India and Ukraine.
Defence Cooperation
One of the key areas they focused on was defence. The leaders agreed to work together more closely on defence matters, including creating joint ventures to manufacture military equipment in India. This will help strengthen their strategic ties. Since the war in 2022, trade between India and Ukraine has decreased. To address this, Modi and Zelenskyy decided to task the India-Ukraine inter-governmental commission with revitalizing trade and bringing it back to the levels it was at before the conflict.
Sectoral Agreements
The four agreements that were signed cover various important sectors, including agriculture, the food industry, medicine, culture, and humanitarian assistance. Both countries want to enhance cooperation in these areas, with a special focus on trade, agriculture, and pharmaceuticals. The two leaders agreed to encourage more business interactions and explore joint projects. They also plan to make it easier for businesses to operate in each other’s countries by reducing trade barriers. Modi and Zelenskyy also talked about future collaborations in education, including the mutual recognition of educational qualifications and the possibility of opening branches of higher education institutions in both countries.
Global Security and Terrorism
Both India and Ukraine strongly condemned terrorism and reaffirmed their commitment to working together against extremism, following international laws. They also called for reforms in the United Nations Security Council to make it more effective. Modi invited Zelenskyy to visit India, showing a strong commitment to continuing to build this important relationship. Moving forward, both countries plan to focus on strengthening their collaboration across various sectors to promote mutual growth and security.
Month: Current Affairs - August, 2024
Category: India Nation & States Current Affairs