In India, Mint reported that the Global Biofuels Alliance (GBA), launched by key G20 members including India, the US and Brazil in September 2023, is all set to get its diplomatic status, with the Indian government likely to sign a headquarters agreement with the agency soon.
The report noted that the headquarters agreement will pave the way for the government to grant exemptions, immunities and privileges to the alliance and its secretariat in the country, according to the report.
“Headquarters agreement is signed with the host country. It will give the immunities and privileges to the organization as an international organization; that process is also ongoing. We plan to do it very soon. The ministry of external affairs would sign the agreement,” a source with knowledge of the matter said.
The alliance’s scope includes bringing together the biggest consumers and producers of biofuels. It aims to drive development and deployment of biofuels and reduce the reliance on crude oil. China, Russia and Saudi Arabia have refrained from joining the alliance.
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Tags: Global Biofuels Alliance, India
Category: Fuels
