As per a release, the Memorandum of Understanding (MoU) would improve bilateral cooperation in the field of agriculture and would be mutually beneficial to both countries.
"It will promote understanding of best agricultural practices in the two countries and will help in better productivity as well as improved global market access," it said.
"This MoU provides for cooperation in the fields of rice production and processing, multi-cropping system, dry land farming systems, bio-organic farming, solid and water conservation and management, soil fertility, sericulture, agro-forestry, livestock improvement."
The MoU provides for constitution of Joint Working Group composed of equal number of representatives, the release said.
"The Joint Working Group shall meet once every two years alternatively in the Philippines and India," it said.
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