India, Mongolia to sign pact on cooperation in traditional

Image
Press Trust of India New Delhi
Last Updated : May 13 2015 | 7:32 PM IST
India and Mongolia will sign an agreement for cooperation in traditional medicines during Prime Minister Narendra Modi's visit to the country beginning May 17.
The two countries will sign an MoU for promotion of Indian Traditional Systems of Medicine and Homoeopathy in Mongolia, which will help India source medicinal raw material from there. The approval for the MoU was granted by cabinet today.
"The cooperation will explore the potential of both the countries in the field of Traditional Medicines as Mongolia is one of the friendly countries and we have lot of common elements in common in terms of medicines and heritage," said a senior official of AYUSH ministry.
"The Traditional Systems of Medicine is practiced in the trans-Himalayan region and higher Himalayan parts of India and a similar system is reported to be widely practiced in Mongolia as well as in the form of Traditional Mongolian Medicine," the official said.
"Traditional medicine is a significant component of Mongolian healthcare and India is blessed with well-developed systems of traditional medicine including medicinal plants, which hold tremendous potential in the global health scenario," he said.
The government also granted approval for extension of an MoU signed between India and the China on Cooperation in Traditional Medicine. The MoU had expired in January 2013.
*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 13 2015 | 7:32 PM IST

Next Story