Cabinet approves MoU between India and Morocco in the field of Mining and Geology

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Capital Market
Last Updated : May 17 2018 | 11:16 AM IST
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex post facto approval to the signing of MoU between India and Morocco in the field of mining and geology. The agreement was signed on 11 April 2018 between the Moroccan Ministry of Energy, Mines and Sustainable development and the Ministry of Mines, Govt. of India.

The MoU will provide an institutional mechanism between India and Morocco for cooperation in the field of geology and mining. This cooperation will be mutually beneficial on economic, social and environmental fields in both countries.

The MoU aims to strengthen cooperation between India and Morocco in the field of mining and geology. The activities involved in the cooperation viz. development of geological infrastructure, promotion of mining and geology, training programs and establishment of geological data bank would serve the objective of innovation.

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First Published: May 17 2018 | 9:26 AM IST

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