The President of the World Bank, Dr. Jim Yong Kim, called on the Prime Minister, Shri Narendra Modi today.
During the meeting, the Prime Minister expressed happiness at the World Bank’s continued support to India, especially in priority areas like Smart Cities, Ganga Rejuvenation, Skill Development, Swachh Bharat and Power for All. Dr. Kim said he was impressed by the progress made towards the ambitious targets in these programmes.
The Prime Minister emphasized the importance of adequate climate change financing for countries like India which are consciously choosing to follow an environmentally sustainable path. Dr. Kim assured the Prime Minister that the World Bank would be proactive and fully support this agenda.
Dr. Kim appreciated India’s rapid progress in improving the ease of doing business, especially in the area of logistics.
The Prime Minister and Dr. Kim discussed a broad range of issues and possible avenues of cooperation.
Sr. No. | MoU/Agreement | Objective |
---|---|---|
1 |
MoU between India and Kuwait on Cooperation in the field of Defence. |
This MoU will institutionalize bilateral cooperation in the area of defence. Key areas of cooperation include training, exchange of personnel and experts, joint exercises, cooperation in defence industry, supply of defence equipment, and collaboration in research and development, among others. |
2. |
Cultural Exchange Programme (CEP) between India and Kuwait for the years 2025-2029. |
The CEP will facilitate greater cultural exchanges in art, music, dance, literature and theatre, cooperation in preservation of cultural heritage, research and development in the area of culture and organizing of festivals. |
3. |
Executive Programme (EP) for Cooperation in the Field of Sports |
The Executive Programme will strengthen bilateral cooperation in the field of sports between India and Kuwait by promoting exchange of visits of sports leaders for experience sharing, participation in programs and projects in the field of sports, exchange of expertise in sports medicine, sports management, sports media, sports science, among others. |
4. |
Kuwait’s membership of International Solar Alliance (ISA).
|
The International Solar Alliance collectively covers the deployment of solar energy and addresses key common challenges to the scaling up of use of solar energy to help member countries develop low-carbon growth trajectories. |