MoU between India and Colombia

MoU between India and Colombia

Question: Recently Union Cabinet chaired by Prime Minister has approved the signing of a Memorandum of Understanding (MoU) between India and Colombia in which of the following the field?
(a) Agro- product
(b) Agriculture and Fisheries
(c) Health
(d) Double Taxation
Answer- (b) 
Related Facts:

  • On December 15th, 2017, Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the signing of a Memorandum of Understanding (MoU) between India and Colombia in the field of agriculture and fisheries.
  • The MoU provides for cooperation in the following fields of agriculture and Fisheries:
  • Innovative agricultural practices/approaches,
  • New agricultural mechanizations,
  • Successful models of agricultural marketing,
  • To develop projects in association with agricultural companies for production of seed,
  • Innovative production models and value generation processes in horticulture(vegetables, fruits and flowers),
  • Exchange of information/exchange visits of SPS experts,
  • Jatropha and Karaya,
  • Cooperation in research in oil seeds and oil palm,
  • Marine Industrial Fishing, Aqua-culture and Research & Training in the field of Fisheries,
  • Small and large ruminants (cattle, sheep, goat) and pigs productivity, diseases and diagnostics and
  • Pork processing and value addition.
  • Under the MoU, a Joint-Working Group (JWG) will be constituted to prepare/finalize Work Plan for the next two years while specifying task/ activities to be undertaken during that period.
  • The MoU will be initially valid for a period of five years and shall be automatically extended for a subsequent periods of five years unless either party expresses its desire/intention to terminate it.

Reference:     
http://pib.nic.in/PressReleseDetail.aspx?PRID=1512804