{"id":2256,"date":"2019-09-27T14:17:57","date_gmt":"2019-09-27T08:47:57","guid":{"rendered":"https:\/\/www.classiciasacademy.com\/blog\/?p=2256"},"modified":"2024-06-06T16:33:59","modified_gmt":"2024-06-06T11:03:59","slug":"india-offers-line-of-credit-to-pacific-island-nations","status":"publish","type":"post","link":"https:\/\/www.classiciasacademy.com\/blog\/india-offers-line-of-credit-to-pacific-island-nations\/","title":{"rendered":"India Offers Line of Credit to Pacific Island Nations"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">In News <\/h3>\n\n\n\n<p>India offered a line of credit to Pacific Island Nations who are\nleading a battle against climate change.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">In-Detail <\/h3>\n\n\n\n<ul>\n<li>It has been four years since India had an\nengagement with the Pacific Small Island and Developing States (PSIDS). <\/li>\n\n\n\n<li>Now, the country is re-engaging with these\ncountries by offering $150 million as a line of credit to fight climate change.\n<\/li>\n\n\n\n<li>On the sidelines of 74th United Nations General\nAssembly, the Prime Minister has met the leaders of PSIDS and made the offer.<\/li>\n\n\n\n<li>The countries can invest the money for solar,\nrenewable-energy and climate-related projects.<\/li>\n\n\n\n<li>Also announced is a $12 million grant that can\nbe invested to implement high-impact development projects in an area of their\nchoice. <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Ties With the Pacific Island Nations <\/h3>\n\n\n\n<ul>\n<li>India\u2019s ties with individual Pacific Island\nNations took a multilateral turn in 2014 with the formation of the Forum for\nIndia-Pacific Islands Cooperation (FIPIC). <\/li>\n\n\n\n<li>The country actively cooperates with the islands\nnations in fighting climate change, enabling them to become blue economies,\ndigital connectivity, space cooperation, tourism etc. <\/li>\n\n\n\n<li>At the meet, the Prime Minister also proposed deputing\ntechnical experts for training and under ITEC programme specialised courses\nwill be offered in areas identified by the partner countries. <\/li>\n\n\n\n<li>India also offered training of diplomats of\nPacific Island Countries at the Foreign Service Institute of India. <\/li>\n\n\n\n<li>Under India for humanity programme, the Prime\nMinister has offered to organise a Jaipur Foot Artificial Limb Fitment Camp in\na Pacific regional hub.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Conclusion <\/h3>\n\n\n\n<p>Climate change is impacting the Pacific Island Nations severely. Countries like Fiji are facing an existential crisis. India with its line of credits, technical training and diplomatic outreach is helping these countries to fight climate change. With big stakes in the Pacific region for India, the engagement with Pacific Island Nations is consistent and the ties are strong.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>In News India offered a line of credit to Pacific Island Nations who are leading a battle against climate change. In-Detail Ties With the Pacific <a class=\"mh-excerpt-more\" href=\"https:\/\/www.classiciasacademy.com\/blog\/india-offers-line-of-credit-to-pacific-island-nations\/\" title=\"India Offers Line of Credit to Pacific Island Nations\">    [read more]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[98],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Offers Line of Credit to Pacific Island Nations - UPSC Current Affairs<\/title>\n<meta name=\"description\" content=\"Island Nations - India offered a line of credit to Pacific Island Nations who are leading a battle against climate change.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.classiciasacademy.com\/blog\/india-offers-line-of-credit-to-pacific-island-nations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Offers Line of Credit to Pacific Island Nations - 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