CURRENT AFFAIRS

Detailed explanation-1: -India and France have a rich history of cooperation in the field of space for over 50 years with ISRO and the French Space Agency (CNES) carrying on various joint research programmes and launch of satellites.

Detailed explanation-2: -So far, 21 Annual Summits have taken place alternatively in India and Russia. The last Summit was held on December 6, 2021 in New Delhi. During the last Summit, 28 MoUs and agreements were signed. A Joint Statement titled “India-Russia Partnership for Peace, Progress and Prosperity” was also adopted.

Detailed explanation-3: -Space cooperation MoU Signed between India and Tunisia.

Detailed explanation-4: -2. As per Indian figures, bilateral trade during April 2020-March 2021 amounted USD 8.1 billion. Indian exports amounted USD 2.6 billion while imports from Russia amounted USD 5.48 billion.

Detailed explanation-5: -Currently, India-Russia space cooperation is largely limited to NavIC-GLONASS ground stations and Global Navigation Satellite Systems (GNSS)–Indian Regional Navigation Satellite System (IRNSS) augmentation.