India, UAE sign currency swap deal; seek to forge partnership in new areas at JCM
Abu Dhabi, Dec 4 : India and the UAE Tuesday signed two agreements, including one on currency swap, as External Affairs Minister Sushma Swaraj held exhaustive discussions with her counterpart Abdullah bin Zayed to step up bilateral cooperation in areas like security, defence, counter-terrorism, trade and energy.
Swaraj, who arrived here on Monday on a two-day visit, was received by Abdullah ahead of the UAE-India Joint Commission Meeting here.
"Advancing the Comprehensive Strategic Partnership...EAM @SushmaSwaraj & Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan co-chaired 12th India-UAE #JCM. Held exhaustive discussions on cooperation in energy, security, trade, investments, space, defence & consular, among others," External Affairs Ministry spokesperson Raveesh Kumar tweeted.
This is the 12th session of the India-UAE Joint Commission Meeting for Economic and Technical Cooperation.
"Institutional mechanisms guiding the multifaceted cooperation...Two documents signed during the visit of EAM @SushmaSwaraj to #UAE : Agreement on Currency Swap and MoU for Development Cooperation in Africa," Kumar tweeted.
Currency Swap is such a pact between two countries that allows trading in their own currency and payments to import and export trade at pre-determined exchange rate without bringing in a third benchmark currency like the US dollars.
The second agreement would enable both sides to undertake development projects in Africa.
"Reinforcing the strong bonds of friendship...The ministers looked forward to continuing the trend to strengthen & seek partnership in new areas," Kumar tweeted.
Later, an MEA official said the two leaders discussed several areas of mutual interests including defence, security, counter-terrorism, trade, economic, energy, science and technology, and civil aviation among others.
They identified several new areas of cooperation, the official said.
Following the meeting, the two leaders signed and adopted the agreed minutes of the JCM, Kumar said. Swaraj also called on Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan.
Both the leaders expressed satisfaction at the pace of the bilateral relations in a range of areas, attesting to the two countries comprehensive strategic partnership, Kumar said.
With nearly USD 50 billion bilateral trade, the two countries are one of the largest trade partners for each other and have made robust investments bilaterally. The UAE is the sixth-largest source of Indian oil imports and hosts a 3.3 million-strong Indian community.
Swaraj and Abdullah also jointly inaugurated a digital interactive museum showcasing the life, works and philosophy of Mahatma Gandhi and the founder of modern UAE Shaikh Zayed.
The Gandhi-Zayed Digital Museum, which will promote peace, tolerance and sustainability, is part of the celebrations by the two countries to mark 150th birth anniversary of Mahatma Gandhi and centenary celebrations of the birth of Shaikh Zayed.
Later in the evening, Swaraj interacted with the Indian community and appreciated their contribution in enhancing relations with the UAE.
UAE hosts a 33 lakh-strong Indian community the largest number of Indians outside India.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Nearly 700 km of Karnataka rivers polluted; cities, towns depend on contaminated water
Shivamogga: A total of 693.75 of river stretches across Karnataka are polluted, and water from several of these rivers is being supplied to towns and cities, the State government informed the Legislative Assembly.
According to a report published by The New Indian Express on Monday, replying to an unstarred question by Thirthahalli MLA Araga Jnanendra during the winter session in Belagavi, Forest, Environment and Biodiversity Minister Eshwar Khandre said rivers are classified into five categories, P1 to P5, based on Biochemical Oxygen Demand (BOD) levels, with P1 being the most polluted.
He reportedly said untreated domestic wastewater from urban and rural areas is the main reason for river pollution. Arkavati, Lakshana Teertha, Tungabhadra, Bhadra, Tunga, Cauvery, Kabini, Kagina, Krishna, Shimsha, Bheema and Netravati are the polluted rivers and so far, 112 polluted drainages along these rivers have been identified.
Khandre explained that rivers are classified into five pollution categories P1 to P5. The Arkavati River has been placed in the P1 category, while no rivers fall under P2 and P3. Tungabhadra, Bhadra and Shimsha are categorised under P4, and eight other rivers fall under P5.
Khandre allegedly said domestic wastewater from municipalities, towns and villages along riverbeds is being discharged into at least 17 rivers, identified by the Central Pollution Control Board (CPCB). This is the primary cause of river pollution.
According to the report, the minister said drinking water is being supplied from polluted rivers in districts such as Mandya, Ramanagara, Vijayapura and Shivamogga. In parts of Uttara Kannada, Ballari, Vijayanagara and Bagalkot, local bodies are also drawing water from polluted river sources.
In 2022-23, CPCB identified South Pinakini, Aghanashini, Sharavathi and Gangavali rivers too as polluted. But wrote to CPCB, stating that these rivers are not polluted and sought their removal from the list. An action plan is being prepared for the South Pinakini River, he said.
On remedial measures, Khandre reportedly said the Karnataka State Pollution Control Board is setting up sewage treatment plants as per the directions of National Green Tribunal.
As per the report, under 12 river rejuvenation plans, the state generates 817.31 million litres per day (MLD) of sewage. While 41 STPs with a capacity of 614.1 MLD are operational, 203.21 MLD of sewage remains untreated.
Work is underway to establish 19 STPs with a capacity of 248.91 MLD, while 39 more STPs with a combined capacity of 357.92 MLD are in the planning stage. Progress is being monitored and reported regularly to the NGT and the Union Ministry of Jal Shakti.
The minister reportedly said the state government gave its approval for underground drainage works worth Rs 535.56 crore in 2021 for 24 cities/towns besides Rs 523.80 crore for nine UGD projects.
