Cabinet approves India-Morocco MoU to boost cooperation in mining, geology

Image
Press Trust of India New Delhi
Last Updated : May 16 2018 | 4:50 PM IST

The government today gave ex post facto nod to an agreement between India and Morocco to boost cooperation in the field of mining and geology.

The memorandum of understanding (MoU) was signed on April 11, 2018 in New Delhi between the Moroccan Ministry of Energy, Mines and Sustainable development and the Ministry of Mines, Government of India.

"The Union Cabinet chaired by Prime Minister 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," Ministry of Mines said in a statement.

The MoU will provide an institutional mechanism between India and Morocco for cooperation in the field of geology and mining, the statement said.

This cooperation will be mutually beneficial on economic, social and environmental fields in both countries, it added.

"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," the statement said.

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: May 16 2018 | 4:50 PM IST

Next Story