PM Modi’s Visit to the UAE (February 2024)
- Bilateral Investment Treaty (BIT):
- India and UAE signed a BIT to significantly boost bilateral investments.
- The UAE is the first country with which India has signed a BIT following the 2015-16 model treaty revisions.
- India-Middle East-Europe Economic Corridor (IMEC):
- An Inter-Governmental Framework Agreement was signed to cooperate on the development of the IMEC.
- Focus areas include logistics, port connectivity, and trade facilitation.
- Fintech Integration:
- UPI-AANI: Agreement to interlink India’s UPI with UAE’s instant payment platform, AANI.
- RuPay-JAYWAN: Agreement to interlink India’s RuPay cards with UAE’s JAYWAN (based on RuPay technology).
- Energy and Infrastructure MoUs:
- MoU on Electrical Interconnection and Trade.
- MoU on Digital Infrastructure Projects.
- MoU on cooperation between the National Archives of both countries.
- BAPS Hindu Mandir:
- Inauguration of the first traditional Hindu stone temple in Abu Dhabi.
- Built on 27 acres of land gifted by the UAE government.
PRATYUSH (Probing ReionizATion of the Universe using Signal from Hydrogen)
- Project Overview: A radio telescope project developed by the Raman Research Institute (RRI) in collaboration with ISRO.
- Objective: To study the "Dark Ages" and "Cosmic Dawn" of the universe—the era when the first stars and galaxies were formed.
- Deployment: Planned for the Moon (either in orbit or on the surface) to avoid terrestrial radio frequency interference.
- Significance: It aims to detect the highly redshifted 21-cm signal from neutral hydrogen.
International Solar Alliance (ISA)
- New Member: Malta has officially joined the International Solar Alliance as the 119th member.
- Background:
- Headquarters: Gurugram, India.
- Founded: Jointly launched by India and France at the COP21 Paris Climate Summit (2015).
- Goal: To promote solar energy deployment and reduce reliance on fossil fuels.
MILAN 2024 Naval Exercise
- Edition: 12th edition of the biennial multilateral naval exercise.
- Host: Indian Navy at Visakhapatnam (City of Destiny).
- Participation: Over 50 countries participated, featuring various warships and maritime patrol aircraft.
- Theme: "Camaraderie, Cohesion, Collaboration."
Global Pulses Convention 2024
- Location: New Delhi.
- Organizers: Global Pulse Confederation (GPC) and NAFED (National Agricultural Cooperative Marketing Federation of India).
- Key Target: India aims to achieve self-sufficiency in pulses by 2027.
- Discussion Areas: Enhancing production, improving supply chains, and addressing global food security.
58th Jnanpith Award (2023)
- Recipients:
- Gulzar: Renowned Urdu poet, lyricist, and filmmaker.
- Jagadguru Rambhadracharya: Eminent Sanskrit scholar, polyglot, and spiritual leader.
- Context: This is the second time the Sanskrit language and the fifth time the Urdu language has received the award.
- Award Significance: India’s highest literary honor, presented annually by the Bharatiya Jnanpith.
Summary Table of Key Bilateral MoUs (India-UAE)
| Agreement Category | Key Feature |
|---|---|
| Investment | Bilateral Investment Treaty (BIT) to safeguard and promote capital flow. |
| Economy | Framework for India-Middle East-Europe Economic Corridor (IMEC). |
| Digital Payment | Interlinking of UPI (India) with AANI (UAE). |
| Card Payments | Integration of RuPay (India) with JAYWAN (UAE). |
| Logistics | Cooperation in port infrastructure and sea-land connectivity. |