Cabinet approves MoU between India , Chile in Agricultural Sector: A Memorandum of Understanding (MoU) for cooperation in agriculture and related areas between India and Chile was approved by the Union Cabinet. The MoU will come in force upon its signature and will remain effective for 5 years from the date of execution after which it will be automatically renewed for another 5 years.
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About Chile-India Agricultural Working Group:
For the oversight, review, and evaluation of this MoU’s implementation, a Chile-India Agricultural Working Group will be established. The group will also be responsible for establishing frequent communication and coordination, according to an official release.
More About the Agricultural Cooperation between India & Chile:
The main areas of cooperation envisaged are agricultural policies for development of modern agriculture, organic agriculture to facilitate the bilateral trade of organic products, as well as promote the exchange of policies aimed to develop organic production in both countries, science and innovation to explore partnerships for innovation in the agricultural sector among Indian and Chilean institutes, and collaborate to confront common challenges. The meetings of the agricultural working group will be held once a year, alternatively in Chile and India, the release said.
