Q. Consider the following statements regarding “International Energy Agency (IEA)”:
1.It is an autonomous intergovernmental organization established in the framework of the OECD.
2.India is the associate member of IEA.
Which of the statements given above is/are correct?
Explanation: International Energy Agency is an autonomous intergovernmental organization established in the framework of the OECD.
- It was initially designed to help countries co-ordinate a collective response to major disruptions in the supply of oil.
- Only OECD member states can become members of the IEA. Except for Chile, Iceland, Israel, Latvia, Slovenia all OECD member states are members of the IEA.
- In 2018, Mexico officially joined IEA as its 30th member country. It is the first Latin American country in IEA.
- Brazil, China, India, Indonesia, Morocco, Singapore and Thailand are the associate members of IEA.