Cabinet approves MoU b/w India & Iceland

Cabinet approves MoU b/w India & Iceland

Agency News

New Delhi, Feb 12 : Union Cabinet on Wednesday approved the Memorandum of Understanding (MoU) between India and Iceland for sustainable development in the field of Fisheries, an official release said here. The MoU was signed on September 10, 2019.

The MoU will ensure the facilities for exchange of scientists and technical experts and their proper placement, especially in areas of estimating Total Allowable Catches in offshore and deep sea areas and also provision of training to fisheries professionals from key fisheries institutions in the various management aspects on areas of modern fisheries management and fish processing.

This will also enable the exchange of scientific literature research findings and other information which would pave the way to study the prospects of fishing, processing and exchange marketing of products from high seas fisheries for entrepreneurship development. “The MoU will strengthen the existing friendly relations between India and Iceland and will enhance consultation and cooperation on Fisheries including consultation on bilateral issues”, the release said. Prime Minister Narendra Modi chaired the Cabinet meeting. (UNI)