India-French ties a force for stability in the world, says PM, Pg1

Key Highlights:

• India and France have elevated their relationship to a ‘special global strategic partnership’ during PM Modi's meeting with President Macron.
• An amendment to the Double Taxation Avoidance Agreement was made.
• An annual Foreign Ministers’ Dialogue will be established to review the Horizon 2047 Roadmap.
• An agreement on reciprocal deployment of armed forces was reached.
• PM Modi and President Macron jointly launched the India-France Year of Innovation and the India-France Innovation Network.

Detailed Insights:

• The India-France partnership aims to serve as a force for stability amidst global uncertainty, covering sectors like health, critical minerals, defence, and renewable energy.
• Both countries share common principles such as the rule of law and a commitment to a world order without hegemony, seeking a collaborative approach that respects diversity.
• President Macron's visit included paying tribute to the victims of the 26/11 terror attacks in Mumbai, reinforcing the countries' united stance against terrorism.
• Joint initiatives include the inauguration of the H125 Helicopter Final Assembly Line in Karnataka and the launch of centres for AI in Health, Digital Science and Technology, and Skilling in Aeronautics.

Key Concepts Involved:

• Double Taxation Avoidance Agreement: An agreement between two countries to prevent income from being taxed twice.
• Horizon 2047 Roadmap: A long-term strategic plan guiding the India-France partnership across various sectors.

India - France Partnership

• Hegemony: Leadership or dominance, especially by one country or social group over others.