New Delhi, December 15: Indian and Columbia are set to join hands in the field of agriculture and fisheries with an aim to boost the economy and mutual co-operation of both the countries. Notably, the Union Cabinet chaired by Prime Minister Narendra Modi on Friday approved the signing of a Memorandum of Understanding (MoU) between India and Colombia in the field of agriculture and fisheries.
The MoU provides for cooperation in the following fields of agriculture and Fisheries:
Interestingly, under the MoU, a Joint-Working Group (JWG) will be constituted to prepare/finalize Work Plan for the next two years while specifying task/ activities to be undertaken during that period. The MoU will be initially valid for a period of five years and shall be automatically extended for a subsequent period of five years unless either party expresses its desire/intention to terminate it.