June 15, 2016
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Memorandum of Understanding on agricultural cooperation establishes exchange, technology transfer and a joint working committee for implementation.
A Memorandum of Understanding was approved ex post facto to establish bilateral cooperation in Agriculture and Allied Sectors covering Agriculture, Horticulture, Animal Husbandry, Fisheries, Aquaculture, Food Processing, Genetic Resources and Environmental Sustainability, promoting private sector participation, exchange of visits, information, technology and training, expansion of agricultural trade and reduction of trade barriers; a Joint Working Committee will identify priority areas and monitor implementation, and the MoU is for five years with automatic renewal unless either party elects termination.