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Home > News > Market Flash > Cabinet Approves MoU Between India And Jordan

Cabinet Approves MoU Between India And Jordan

Chemical Weekly 2018-03-20

The Union Cabinet chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between India and Jordan for mining and beneficiation of rock phosphate and muriate of potash (MoP) and setting up production facility in Jordan for phosphoric acid/DAP/NPK Fertilizers with a long term agreement for 100% offtake to India. The MoU would ensure consistent supply of raw material, intermediaries and finish P&K fertilizers to cater to the needs of the country at a reasonable price.

India and Fiji to co-operate in renewable energy

In another development, the Union Cabinet was apprised of a MoU on cooperation in renewable energy between India and Fiji, signed on May 24, 2017 at Suva, Fiji. Under the MoU both sides will aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The MoU envisages establishing a Joint Working Committee to review, monitor and discuss matters relating to areas of cooperation. It also provides for exchange of expertise and networking of information. 

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