Goyal was in San Francisco for the third ministerial meeting of IPEF, where member nations also signed a supply chain agreement under Pillar-II, and reached at a broad consensus over the clean economy under Pillar-III, which aims to advance cooperation on research, development, commercialisation, availability, accessibility, and deployment of clean energy and climate-friendly technologies and facilitate investment towards climate-related projects in the region. IPEF nations account for 40% of global GDP and 28% of the global goods and services trade. The four pillars of the framework are-trade (Pillar I), supply chains (Pillar II), clean economy (Pillar III), and fair economy (Pillar IV).
Goyal said he was "extremely pleased" to join the US President and other leaders of IPEF as they "collectively" agreed on Pillars II, III and IV. India has joined three pillars, and has an observer status in Pillar-I.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
8 people killed, 17 wounded in China school knife attack
Eight people were killed and 17 others wounded Saturday in a knife attack at a vocational school in eastern China, and the suspect – a former student – has been arrested, police said.
House Speaker wants ethics report on Matt Gaetz kept confidential
Speaker Mike Johnson urged the House Ethics Committee to keep confidential its findings on alleged sexual and other misconduct by Matt Gaetz, President-elect Donald Trump's choice for attorney general.
Misandry cannot ensure safety of women of UP
I' m not the sort of person who usually responds to the often foolish suggestions floated by those in authority over us purportedly for our good. I prefer to ignore them. But recent proposals put forward by the Uttar Pradesh State Women's Commission are so silly I feel they deserve greater attention. I fear silence could suggest they're acceptable.
Pain in the present, future will be bright
After 77 years of Independence, we now have, surprisingly, the maximum number of freedom fighters—for a different freedom though, financial independence.
To speak of despondency, and hope, through poetry
With the asphyxiating claw of pollution again at our throats, and the political discourse touching new depths of incivility, I feel intellectually and emotionally drained.
Compassionate leader, ethical businessperson
How Ratan Tata became a lodestar for the nation and future generations
'Top polluting nations must work together to come up with solution'
The world is already exceeding the crucial 1.5°C warming threshold, former US special envoy for climate John Kerry warned, urging countries engaged in the ongoing global climate conference, COP29, to work hard to find a solution, especially the 23 nations and regions most responsible for emissions.
'India has to move towards population management'
Naidu says India, especially southern states, are heading towards a population decline, which could have dangerous implications. His administration is exploring plans for incentives to families that bear more than two children
Next lot of AI products will be far smarter than all current chatbots
The next wave of artificial intelligence (AI) tools will be even smarter than the current crop of products, especially the popular chatbots, one of the industry's leading researchers has said, laying out a vision for \"really powerful universal agents\".
Not only about succession, creating an institution that will last 500 years
Vedanta Group founder Anil Agarwal on Saturday said his daughter Priya Agarwal Hebbar could be a successor to his personal wealth, but the family at the head of the mining conglomerate is focused on building an institution which will be more inclusive and with a vision spanning the next 500 years.
