International Energy Agency's member countries have begun talks with India on its application to become a full member of the Paris-based agency of 31 nations, IEA said on Wednesday. In a statement issued after IEA's 2024 ministerial meeting in Paris, the agency said the talks with India are in recognition of the country's "strategic importance" in tackling global energy and climate challenges.
«The Ministerial gave the IEA a strong mandate to deepen cooperation with major emerging economies. This includes starting discussions with India on its request for full IEA membership,» it added.
India, which joined the IEA as an associate member in 2017, sent a formal request for full membership in October 2023.
«Ministers recognised the 'strategic importance' of India in tackling global energy and climate challenges,» IEA said.
Addressing the meeting through video conferencing, Prime Minister Narendra Modi said India is the world's fastest-growing major economy.
«Sustained growth needs energy security and sustainability,» he said. «I am sure that the IEA will benefit when India plays a bigger role in it.»
India, the world's third-largest energy consumer, became an associate member of IEA in March 2017 but has had engagements with the agency for long.
In 2021, India also inked a strategic partnership agreement with the IEA to strengthen cooperation in global energy security, stability and sustainability.
The IEA is made up of 31 member countries. It also includes eight associate countries. Four countries are seeking