Indian Cab­i­net approves agree­ment with Peru

The Gulf Today - Business - - REGION -

NEW DELHI: The Union Cab­i­net of In­dia, chaired by Prime Min­is­ter Naren­dra Modi, approved an agree­ment aimed at pro­mot­ing tech­ni­cal co­op­er­a­tion on new and re­new­able is­sues with Peru, an official state­ment said.

The agree­ment, signed in Lima in May, “aims to es­tab­lish the ba­sis for a co-op­er­a­tive in­sti­tu­tional re­la­tion­ship to en­cour­age and pro­mote tech­ni­cal bi­lat­eral co-op­er­a­tion on new and re­new­able is­sues on the ba­sis of mu­tual ben­e­fit equal­ity and rec­i­proc­ity”, it said.

The agree­ment also en­vis­ages es­tab­lish­ing a joint com­mit­tee to de­velop work plans in or­der to im­ple­ment it, the state­ment added.

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