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Triangular Cooperation for Global Development
August 2 , 2021
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- India and the US renewed for five years a global development partnership agreement to work together in African and Asian countries.
- They will work on key issues such as regional connectivity, clean energy and disaster risk reduction.
- The two countries signed the second amendment to the Statement of Guiding Principles on Triangular Cooperation for Global Development.
- The SGP agreement, originally inked in November 2014, provides a framework for development cooperation in third countries, especially in Asia and Africa.
- The second amendment to the SGP agreement extends the validity of the pact till September 2026.
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