News:India may join the US-led Blue Dot Network(BDN) during the US President’s visit to India.
Facts:
About Blue Dot Network:
- The Blue Dot Network initiative was announced at the Indo-Pacific Business Forum in Bangkok,Thailand in 2019.
- It is a US led initiative jointly launched by the US Overseas Private Investment Corporation (OPIC), Australia’s Department of Foreign Affairs and Trade (DFAT) and Japan Bank for International Cooperation(JBIC).
- The aim of this initiative is to bring governments, private sectors and civil societies for promoting high-quality global infrastructure development in an open and inclusive framework.
- The network will serve as a globally recognised evaluation and certification system for roads, ports and bridges with a focus on the Indo-Pacific region.