India, Israel sign 9 MoUs to boost cooperation in various fields

ANI | Updated: Jan 15, 2018 21:27 IST

New Delhi [India], Jan. 15 (ANI): India on Monday signed nine Memorandum of Understanding (MoUs)with Israel in various sectors, including cybersecurity, space and medicine.

The MoU on cyber-security cooperation envisages cooperation in the field of cyber security to develop, promote and expand collaboration through various platforms and arrangements such as training programmes, skill development, and simulator based hands-on training.

Through the MoU between the Ministry of Petroleum and Natural Gas and the Ministry of Energy on Cooperation in Oil and Gas Sector, both the sides are looking to explore opportunities of long-term cooperative relationship and joint economic projects to enhance bilateral engagements in the field of Oil and Gas.

The MoU on Protocol between India and Israel on Amendments to the Air Transport Agreement envisages entering into cooperative marketing arrangements, such as code share, bloc space or any other JV agreement for the purpose of operating the agreed services on the specified routes.

The two sides also signed an MoU on filmmaking. With this, India and Israel envisages to establish a framework for encouraging all audiovisual media output, especially the co-production of films for the benefit of the film industries of both the countries.

India and Israel also took their collaboration in the field of medicine. The MoU between the Central Council for Research in Homeopathy, Ministry of AYUSH and the Centre for Integrative Complementary Medicine, Shaare Zedek Medical Center on Cooperation in the field of Research in Homeopathic Medicine envisages cooperation in the field of research in homeopathic medicine.

In the field of space science, Indian Institute of Space Science and Technology (IIST) signed an MoU with Technion- Israel Institute of Technology. The two institutes would work together will from a joint working group for research, educational and training programmes.

On the investment front, the two sides signed an MoU for exchanging information on investment opportunities, relevant laws and regulations, policies and government initiatives.

For cooperation in the area of metal-air batteries, an MoU was signed between Indian Oil Corporation Limited (IOCL) and Phinergy Ltd.

The MoU on Letter of Intent between IOCL and Yeda Research and Development Co Ltd for cooperation in the area of concentrated solar thermal technologies intends to encourage joint research activities in the area of concentrated solar thermal technologies.

The MoUs were exchanged in the presence of Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu. (ANI)