Diplomacyindia.com


Cabinet clears MoUs to be signed during Putin’s visit

October 04
10:33 2018

New Delhi, Oct 4 (IANS) The Union Cabinet on Wednesday cleared two proposed agreements on bilateral cooperation with Russia to be signed during Russian President Vladimir Putin’s upcoming visit to India.

The memoranda of understanding (MoUs) between the two countries would seek cooperation in the fields of road transport and the micro, small and medium enterprises (MSMEs) sectors.

The government said that both countries would benefit by mutual cooperation in the two fields.

It said the MoU on road transport sector would lead to increased co-operation, exchange and collaboration with Russia and contribute towards establishing a long-term and effective bilateral relationship of communication and cooperation in the sector.

“This will also help in planning and administration of road infrastructure and road network management, transport policy, technologies and standards for the construction and operation of highways in the country and will further go a long way in strengthening ties and bilateral relations between India and Russia,” an official statement said.

A separate government statement added that the MoU on MSMEs would provide a structured framework and enabling environment to the sector of the two countries to understand each other’s strengths, markets, technologies and policies.

“It aims to enhance enterprise to enterprise cooperation and help initiate sustainable business alliances in terms of technology transfers, joint ventures and business partnerships in MSME sector.

“Cooperation in the field of capacity building, rapid incubation for entrepreneurship development, exposure to each other’s market by encouraging participation in exhibitions are also envisaged,” it said.

The government said that such bilateral cooperation would create new opportunities for Indian MSME sector by way of new markets, joint ventures, sharing of best practices and technology collaborations.

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

Social Icons

Diplomacyindia.com Video Interview with Shri Dnyaneshwar M. Mulay Secretary (CPV & OIA), Ministry of External Affairs speaking on an eventful journey of Indian Passport through its serveral phases, fast expanding network of passport seva kendras, evergrowing numbers, citizen centric service & new Initiatives

Diplomacyindia.com Video Interview with Shri Dnyaneshwar M. Mulay Secretary (CPV & OIA), Ministry of External Affairs speaking on safety & security features of the passport documents in an era of digitalisation his cherished moments & milestones as “Passport Man” of India tranforming the entire passport landscape.

Diplomacyindia.com Video Interview : Mrs. Reva Ganguly Das (IFS) Director General, Indian Council of Cultural Relations Speaking on Yoga Day Celebrations

Exclusive Interview to Diplomacyindia.com with Shri Upendra Tripathi, IAS Interim DG, International Solar Alliance (ISA) speaking on the journey of ISA so far, guiding principles, vision & priority areas & programmes for ISA.

Exclusive Interview to Diplomacyindia.com with Shri Upendra Tripathi, IAS Interim DG, International Solar Alliance (ISA) speaking on expanding rank of international solar alliance & opening the membership to the countries beyond tropics.

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H.E. Mr. Jozef Drofenik speaking on Bilateral Relations and Trade between India and Slovenia

Diplomacyindia.com Exclusive Interview with Ambassador of Slovenia to India, H. E. Mr. Jozef Drofenik speaking on Tourism in Slovenia

Pictures of Formal Launch of Website Diplomacyindia.com

Knowledge Partner

Exclusive Interview with Prime Minister of Guyana, H.E. Mr. Moses Veerasammy Nagamootoo during his recent visit to India.Highlights of the interview were Indian Cultural Connect, Vibrant Bilateral Ties and Cultural Connect and India’s Economic Prowess.

Video Message from Shri Prakash Javadekar, MoS (IC) for Forest, Environment & Climate Change on eve of Formal Launch of Website Diplomacyindia.com

Message from Gen. V K Singh, (Retd.) Hon’ble MoS, External Affairs to Diplomacyindia.com

WP Facebook Auto Publish Powered By : XYZScripts.com