India, France agree to expand cooperation on Indo-Pacific body

Source: The post is based on the article “India, France agree to expand cooperation on Indo-Pacific body” published in Indian Express on 15th September 2022.

What is the News?

The French Foreign Minister is on a visit to India.

What are the key highlights from her visit?

On Indo-Pacific: India and France have agreed to work towards the establishment of an Indo-Pacific trilateral framework. As part of this, they will hold separate trilateral ministerial meetings with Australia and the United Arab Emirates(UAE).

– The two countries have agreed to work towards the establishment of an Indo-Pacific Trilateral Development Cooperation Fund that will support sustainable innovative solutions for countries in the region.

On Cultural Contact: India and France are launching a scheme for the exchange of young professionals in the age group of 18 to 35 years as a follow-up to the migration and mobility partnerships.

– India will be the first “country of honour” at the Sea Tech Week in Brest, France, a major international event bringing together blue economy stakeholders.

The two countries welcomed the launch of India’s Unified Payment Interface (UPI) in France.

On Defense Cooperation: The two countries welcomed the Safran Group, a French multinational company, that decided to set up their largest and first aircraft engine MRO (maintenance, repair, and overhaul) facility in Hyderabad.

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