Cabinet approves MoU between India and Italian Republic on Cooperation in the field of Disaster Risk Reduction and Management | Daily Current Affairs 2021
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Cabinet approves MoU between India and Italian Republic on Cooperation in the field of Disaster Risk Reduction and Management

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India and Italy

India and Italy: Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Memorandum of Understanding (MoU) with Italy on Cooperation in the field of Disaster Risk Reduction and Management.

  • MoU was signed between National Disaster Management Authority (NDMA) of India and Department of Civil Protection of the Presidency of Council of Ministers of Italy.

Benefits of the MoU:

  • The MoU seeks to put in place a system, whereby both India and Italy will benefit from the Disaster Management mechanisms of each other.
  • It will help in strengthening the areas of preparedness, response and capacity building in the field of Disaster Management.

Background:

  • This MoU on cooperation in the Field of Disaster Risk Reduction and management between the NDMA of the Republic of India and the Department of Civil Protection of the Presidency of the Council of Ministers of the Italian Republic was signed in June, 2021.

Economic, Political and Cultural, and Historical Relations with India:

Economic Relations:

  • India fifth largest trading partner among the European Union in Italy whereas Italy is the fifth largest investor in India.

Political Relations:

  • India and Italy established political relations in 1947 after India’s independence.

Cultural Relations:

  • India and Italy, both signed cultural cooperation in 1976.
  • It comprises of Cultural Exchange Programme (CEP) between both the nations, that provides for exchange of students in language programmes and other academic courses.
  • However, culturally both the countries share relation since ancient time.

Historical Relations:

  • Classical languages namely Sanskrit and Latin belong to Indo-European language family.
  • For more than 2000 years, peoples of these two ancient civilizations have interacted and traded with each other.
  • Italian port cities acted as important trading posts on the spice route to carry spices from India to European nations. Indian troops were also active in Italy during World War II.

About Italy:

  • Italy, officially the Italian Republic is a country consisting of a peninsula delimited by the Alps and several islands surrounding it.
  • Italy is located in the center of the Mediterranean Sea, in Southern Europe and is also often considered part of Western Europe.
  • It shares land borders with France, Switzerland, Austria, Slovenia, and the enclaved microstates of Vatican City and San Marino.
  • Its capital is Rome which is home to the Vatican as well as landmark art and ancient ruins.
  • The currency used here is Euro.
  • The current President and Prime Minister of Italy are Sergio Mattarella and Mario Draghi.

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