Cabinet gives ex-post facto nod for India-Iran MoU on agriculture

Image
Press Trust of India New Delhi
Last Updated : Mar 14 2018 | 8:05 PM IST

The Cabinet today gave ex-post facto nod for the memorandum of understanding (MoU) inked between India and Iran in the field of agriculture and allied sectors.

The MoU was signed on February 17, 2018 during the visit of the Iranian President to India.

"Under the MoU, a Joint Working Group (JWG) will be formed to monitor the activities carried out in fulfilment of this MoU," an official statement said.

The JWG will hold its meeting alternately in India and Iran once in every two years.

The MoU will be valid initially for a period of five years and will be automatically extended for a subsequent period of five years unless either party notifies the other party of its intent of terminating it.

The agreement provides for cooperation in the areas of agricultural crops, agricultural extension, horticulture, machinery, post harvest technology, plant quarantine measures, credit and cooperation, the statement said.

It also provides for cooperation in soil conservation and water management, integrated nutrients management, seed technology and agricultural marketing.

Livestock improvement, dairy development, animal health and other fields as mutually agreed upon fall within the scope of this MoU.

Cooperation will also be effected through exchange of experts, materials and information, exchange of trainees and scientists on study visits/training programmes, facilitation of relevant conferences and workshops and any other means as may be mutually agreed upon, the statement added.

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: Mar 14 2018 | 8:05 PM IST

Next Story