Cabinet approves MoU between India and Italy for cooperation in Agriculture and Phytosanitary issues

Image
Capital Market
Last Updated : Dec 01 2017 | 10:31 AM IST
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved signing of a Memorandum of Understanding (MoU) between India and Italy for cooperation in Agriculture and Phytosanitary issues. It replaces the earlier MoU signed in January, 2008 which is going to expire in January, 2018.

The MoU provides for cooperation in the fields of Phytosanitary issues, agricultural production and a wide range of other sectors including animal husbandry, agricultural research, food processing and other additional fields as may be mutually decided by both the sides.

The MoU has provision for exchange of information on the situation of agriculture and rural development, strengthening of technical exchange and production cooperation in respect of agricultural mechanization/farm machinery and agro-industrial infrastructures, removal of technical barriers and exchange experiences in animal husbandry sector including modern scientific researches and technologies etc.

The MoU provides for setting up of a Joint Working Group in order to promote bilateral exchanges in the field of agriculture, consider long-term initiatives for agricultural cooperation, and promote cooperation in order to reduce phytosanitary risks in exported goods also through the definition of specific joint procedures.

It will encourage and facilitate contacts between governmental agencies, scientific and academic institutions and business communities of both countries and promote further cooperation between the respective research institutes of the two countries.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2017 | 10:05 AM IST

Next Story