BRICS partners with UAE to launched a Centre for Industrial Competences

Current Context: On 17th August 2024, The BRICS partners, along with the UAE, recently launched a Centre for Industrial Competences.

• This initiative, in collaboration with the United Nations Industrial Development Organisation (UNIDO), aims to enhance industrial skills and capabilities.
• The announcement was made during the 8th BRICS Industry Ministers Meeting, which brought together representatives from countries like Russia, Brazil, China, Egypt, Ethiopia, India, Iran, and South Africa.
• The centre will focus on promoting partnerships within the New Industrial Revolution (NIR) framework, addressing interests, challenges, and opportunities in the rapidly evolving industrial landscape.
• It also aims to support the development of industrial skills and capabilities among its members.

Question:

1 Which international organization is collaborating with the BRICS partners for the Centre for Industrial Competences?

• A) World Bank
• B) International Monetary Fund (IMF)
• C) United Nations Industrial Development Organisation (UNIDO)
• D) World Trade Organization (WTO)

Answer: C) The initiative for the Centre for Industrial Competences is in collaboration with the United Nations Industrial Development Organisation (UNIDO), which focuses on promoting sustainable industrial development.