Daily Current Affairs 2021 Australia announces the Australia-India Indo-Pacific Oceans Initiative Partnership (AIIPOIP) | Daily Current Affairs 2021

Australia announces the Australia-India Indo-Pacific Oceans Initiative Partnership (AIIPOIP)

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Australia’s High Commissioner to India, Barry O’Farrell AO, recently launched the Australia-India Indo-Pacific Oceans Initiative Partnership (AIIPOIP) grant program to help support a free, open and prosperous Indo-Pacific underpinned by the rule of law and respect for sovereignty.

About the program

  • The AUD 1.4 million (Rs 8.12 crore) grant program is a practical initiative to advance Australia and India’s shared vision for the Indo-Pacific.
  • The AIIPOIP will help shape maritime cooperation in the Indo-Pacific to support an open, inclusive, resilient, prosperous and rules-based maritime order.
  • The programme is a practical initiative under the Australia-India Joint Declaration on a Shared Vision for Maritime Cooperation in the Indo-Pacific, as part of the Australia-India Comprehensive Strategic Partnership announced during the Leaders’ Virtual Summit on 4 June 2020.
  • India and Australia are committed to work together bilaterally, regionally and multilaterally, and in minilateral arrangements, to support regional architecture in line with their shared values and interests.
  • The AIIPOIP will help develop, with all interested partners, the Indo-Pacific Oceans Initiative (IPOI) announced by India’s Prime Minister Narendra Modi at the 14th East Asia Summit on 4 November 2019 at Bangkok.
  • This is the first phase of the four-year (2020-2024) grant program under this Partnership.

About the Indo-Pacific Oceans Initiative (IPOI)

  • The IPOI was launched by Prime Minister Narendra Modi at the East Asia Summit.
  • IPOI seeks to ensure security and stability of the regional maritime domain.
  • IPOI is an open, non-treaty based initiative for countries to work together for cooperative and collaborative solutions to common challenges in the region.
  • IPOI draws on existing regional architecture and mechanisms to focus on seven pillars:
  1. Maritime Security
  2. Maritime Ecology
  3. Maritime Resources
  4. Capacity Building and Resource Sharing
  5. Disaster Risk Reduction and Management
  6. Science, Technology and Academic Cooperation
  7. Trade Connectivity and Maritime Transport

Australia is the lead partner on the maritime ecology pillar and is looking to drive scientific collaboration and share best practice across the Indo-Pacific on reducing marine pollution, with a focus on plastic waste.

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