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Cabinet approves MoU b/w India and Zimbabwe for cooperation geology, mining

UNI India-English 2018-12-06 22:01:00
New Delhi, Dec 6 (UNI) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday gave ex-post facto approval to the Memorandum of Understanding (MoU) between India and Zimbabwe for cooperation in the field of geology, mining and mineral resources.

The MoU was signed on 3rd November 2018 at Harare, Zimbabwe.

The objectives of the MoU are, exchange of information on resources, laws and policy, organisation of seminars to exchange views on development strategies, encouragement of transfer of technologies between the Parties, promotion of value addition and opportunities for investment in the mining sector.

These provisions will enable taking up of activities like documentation, dissemination and would serve the objective of innovation.

The MoU will provide an institutional mechanism between India and Zimbabwe for cooperation in the identified fields, said Union Minister Arun Jaitley in a press conference here.