Forum for India - Pacific Island Cooperation (FIPIC)

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Forum for India - Pacific Island Cooperation (FIPIC)


Why in News?

The Third Forum for India -Pacific Island Cooperation (FIPIC) summit held at Port Moresby, Papua New Guinea in May 2023. India announced 12 points development plans for the Pacific Island nations.

Genesis of FIPIC

It was launched in 2014 at Fiji by Indian PM Narendra Modi.

Members

It includes 14 Island countries - Cook Islands, Fiji, Kiribati, Marshal Islands, Micronesia, Nauru, Niue, Palau, Papua New Guinea, Samoa, Soloman Islands, Tonga, Tuvalu, and Vanuatu.

Why it's Important?

  • Pacific Islands consists of three major group of islands: Melanesia, Micronesia and Polynesia.
  • Pacific Island nations have large Exclusive Economic Zones (EEZ) which are sources of natural resources and minerals like Oil & Gas etc.
  • India is considering expanding International Solar Alliance's STAR-C initiative to Pacific Island countries.
  • Solar Technology Application Resource Center (STAR-C) initiative is a project to build STAR centers which will act as hubs of technology, knowledge and expertise on solar energy.
  • It is jointly implemented by ISA (International Solar Alliance) and UNIDO (United Nations Industrial Development Organization).


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