Cabinet approves MoU between India and Republic of Korea on Startup Cooperation

Cabinet approves MoU between India and Republic of Korea on Startup Cooperation

Question: On 27 March, 2019; the Union Cabinet, approved Memorandum of Understanding (MoU) in which of the following field between India and Republic of Korea?
(a) Nuclear Energy
(b) Animal Husbandry
(c) Health Care Systems
(d) Startup Cooperation
Answer: (d)
Related facts:

  • On 27 March 2019; the Union Cabinet approved the Memorandum of Understanding (MoU) between India and Republic of Korea on Startup Cooperation.
  • This approval was done in a meeting of Union cabinet chaired by the Prime Minister Shri Narendra Modi.
  • This is an ex-post facto approval as the Memorandum of Understanding (MoU) between India and Republic of Korea on Startup Cooperation was already signed in February, 2019.
  • The MoU will facilitate and promote bilateral cooperation between the startups of both countries.
  • The MoU will abide by the national laws and regulations of the two countries and any applicable international treaties, conventions and agreements to which the two countries are party.

Links:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=189554