Union Cabinet approves four MoUs between India and Brazil

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New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for four  Memorandum of Understandings (MoUs) between India and Brazil.

The Cabinet has given its approval for the MoU to be signed between Geological Survey of India (GSI), Ministry of Mines of the Republic of India and Geological Survey of Brazil – CPRM, Ministry of Mines and Energy of the Federative Republic of Brazil on “Cooperation in field of Geology and Mineral Resources”. The MoU will provide an institutional mechanism between the Geological Survey of India, Ministry of Mines of the Republic of India and Geological Survey of Brazil – CPRM, Ministry of Mines and Energy of the Federative Republic of Brazil for cooperation in the field of Geology and Mineral Resources.

The Union Cabinet has also given its approval for the signing of MoU on Cooperation between the Ministry of Citizenship of the Federative Republic of Brazil and the Ministry of Women & Child Development of the Republic of India for bilateral cooperation in the field of early childhoods. It will strengthen the bonds of friendship between the two countries and increase bilateral cooperation on the issues of early childhood care.  Both countries will benefit from the exchange of best practices of the respective countries in the field of early childhood.

Besides, the Union Cabinet gave its approval for the signing of the MoU between the Republic of India and the Federative Republic of Brazil on cooperation in the field of oil and natural gas. The MoU will enhance cooperation between the two sides in the oil and natural gas sector. Under the MoU, both sides will work towards establishing cooperation in the E&P initiatives in Brazil and India, research & development in this sector, explore collaboration in Liquefied Natural Gas projects in Brazil, India and third countries, and also encourage collaboration in oil energy and environmental issues, including energy policies such as energy efficiency, energy research development, and expansion of the regional energy infrastructure networks. The MoU is expected to be signed during the visit of President of Brazil to India later this month.

Moreover, the Union Cabinet has also given its approval for the Agreement between the Republic of India and the Federative Republic of Brazil on Mutual Legal Assistance in Criminal Matters has to be signed. The Agreement aims to enhance the effectiveness of both the countries in investigation and prosecution of crime through cooperation and Mutual Legal Assistance in Criminal Matters. In the context of transnational crime and its linkages to terrorism, the proposed Agreement will provide a broad legal framework for bilateral cooperation with the Federative Republic of Brazil in investigation and prosecution of crime as well as in tracing, restraint and confiscation of proceeds and instruments of crime as well as the fund meant to finance terrorist acts.

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