Cabinet gives nod to MoU between India & Iran for cooperation in agri Back to News & Events List


The Cabinet chaired by prime minister Narendra Modi has given its ex-post-facto approval to the Memorandum of Understanding (MoU) between India and Iran for cooperation in the field of agriculture and allied activities. The MoU was inked during the recent visit of the president of Iran to India.
 
The MoU provided for cooperation in the areas of agricultural crops, agricultural extension, horticulture, machinery, post-harvest technology, plant quarantine measures, credit and cooperation.
 
It also provided for cooperation in soil conservation and water management, integrated nutrients management, seed technology and agricultural marketing. Livestock improvement, dairy development, animal health and other fields, as mutually agreed upon, also fell within the scope of this MoU.
 
Cooperation will also be effected through exchange of experts, materials and information, exchange of trainees and scientists on study visits/training programmes, facilitation of relevant conferences and workshops and any other means, as may be mutually agreed upon.
 
Under the MoU, a joint working group (JWG) will be formed to monitor the activities carried out in fulfillment of this MoU. The JWG will hold its meeting alternately in India and Iran once in every two years.
 
The MoU will be valid initially for a period of five years and will be automatically extended for a subsequent period of five years, unless either party notifies the other party of its intent to terminate it.
 
 
Source: FNB News

Recent News


09

07/2018
India does not subsidise exports, complies with WTO norms: Suresh Prabhu

Dispelling the misconception that India subsidises its exports, Commerce Minister Suresh Prabhu today asserted that the country fully complies with the guidelines of the WTO, w...

21

06/2018
India Says US Trade Preference Program Enhances Pace Of Economic Reforms

India today told the Trump administration that the Generalized System of Preference program (GSP) would enhance India's development and the pace of economic reforms, urging...

12

06/2018
Oilmeal export in May 2018 provisionally estimated to be 97,036 tonne

The export of oilmeal in May 2018 was provisionally reported at 97,036 tonne, compared to 1,44,524 tonne in May 2017. The overall export in April and May 2018 was reported at 3...

30

05/2018
Boosting ASEAN ties: Modi to visit Indonesia, Malaysia, Singapore

As part of India's efforts to boost ties with Southeast Asia under its Act East Policy, Prime Minister Narendra Modi will visit Indonesia, Malaysia and Singapore from May ...