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Union Cabinet gives nod to MoU between India and Bangladesh on cooperation in the field of Fisheries

Union Cabinet gives nod to MoU between India and Bangladesh on cooperation in the field of Fisheries
13 April 2016 Current Affairs:

The Union Cabinet has given its approval for extension of Memorandum of Understanding (MoU) signed between India and Bangladesh on cooperation in the field of Fisheries

Features of MoU : The MoU was signed in September 2011 to enhance bilateral cooperation in the field of Fisheries and aquaculture and allied activities between two neighbouring countries. With this extension, the MoU will remain in force for a period of next five years i.e. 2021 unless either of the parties terminate it. This MoU can be extended for further period as may be mutually agreed upon. Since it came in to force, the MoU has strengthened the friendly relations between India and Bangladesh. It had played important role in promotion of development of cooperation in fisheries and aquaculture and allied sectors through mutually agreed activities and procedures.

 




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