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#GK_NEWSFLASH INTERNATIONAL ENERGY AGENCY (IEA) The Framewor | CLAT AILET LAW EXAMS

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INTERNATIONAL ENERGY AGENCY (IEA)
The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed.

About:

It aims to strengthen mutual trust and cooperation & enhance global energy security, stability and sustainability. This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of the IEA.

The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation.

It was established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis.

The IEA is made up of 30 member countries.

In addition, the IEA family also includes eight association countries which includes Brazil, China and India.

Three countries are seeking accession to full membership, Chile, Israel and Lithuania.

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INTERNATIONAL CUSTOMS DAY
The Central Board of Indirect Taxes and Customs (CBIC) observed the International Customs Day, 2021.

About:

The theme for this year as given by World Customs Organisation (WCO) is “Customs bolstering Recovery, Renewal and Resilience for a sustainable supply chain”.

January 26 is celebrated as the International Customs Day (ICD). It is the day designated to honour the custom officials and agencies for their function in taking care of the flow of goods across the world borders.

Important Info :

Background: World Customs Organization (WCO)

It was on January 26, 1953 that the Customs Cooperation Council (CCC) had held its inaugural session in Brussels which was attended by representatives from 17 European countries.
International Customs Day was created by CCC in 1983. In 1994, CCC was renamed as World Customs Organization (WCO).
WCO is the only international body looking after international customs and matters concerning border control.
WCO has head-quarter in Brussels, Belgium.
WCO currently has custom organizations from 182 countries as its members.
More than 98% of world trade is administered by WCO.