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Cabinet nod to India-Ukraine agreement for cooperation in agri & food
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Thursday, 07 February, 2019, 15 : 00 PM [IST]
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Our Bureau, New Delhi
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India and Ukraine have inked an agreement for cooperation in the agriculture and food industry, which has been approved by the Union Cabinet, chaired by Prime Minister Narendra Modi.
The proposed agreement provides for cooperation in various fields of the agriculture and food industry.
A Joint Working Group, comprising representatives from both countries, would be constituted, the task of which would be to discuss and prepare plans for cooperation in the identified sectors and to monitor the implementation of tasks determined by the parties.
The meetings of the working group shall take place at least every two years, alternately in the Republic of India and in Ukraine.
This agreement shall enter into force on the date of its signing and shall remain in force for a period of five years, being automatically extended for subsequent periods of five years.
It can be terminated after six months from the date of receipt of notification of either party of its intention to terminate this agreement.
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