Current Affairs - International

India is set to host the prestigious 81st IATA Annual General Meeting in Delhi in 2025, marking its return after 42 years. This event, scheduled for June 8 to 10, brings together global aviation leaders to address critical industry issues and highlights India's significant growth in the aviation sector.

Twelve countries signed the Zero Debris Charter, an initiative led by the European Space Agency (ESA), committing to achieving debris-neutral space activities by 2030. This landmark effort aims to address the pressing issue of space debris, which poses significant risks to space assets and astronauts.

China's Chang'e-6 probe lifted off from the far side of the Moon, marking a significant milestone in space exploration. This achievement brings China closer to becoming the first nation to return samples from this unexplored region of the Moon, showcasing China's advancements in space technology and exploration capabilities.

India received the highest Foreign Direct Investment (FDI) from Singapore in 2023-24, despite a decrease of 31.55% compared to the previous year. Singapore has been the largest source of FDI for India since 2018-19, indicating a strong investment relationship between the two countries.

India held discussions with Libya to revitalize "Energy Sector Cooperation." During the meeting between Pankaj Jain, Secretary of India's Ministry of Petroleum, and Mohamed Khalil Issa, Deputy Minister for Political Affairs of Libya, in New Delhi, the focus was on enhancing bilateral energy cooperation. This included increasing crude oil trade and resuming exploration and production projects in Libya, involving Indian public sector entities like Indian Oil, ONGC, and Oil India.