07 February 2019 | News
The proposed agreement provides for cooperation in various fields of agriculture and food Industry.
Image credit- foodindustry.asia
The Union Cabinet chaired by Prime Minister Narendra Modi has approved Signing of Agreement between the India and Ukraine for cooperation in Agriculture and Food Industry.
The proposed agreement provides for cooperation in various fields of agriculture and food Industry. A Joint Working Group comprising of representatives from both countries would be constituted, the task of which would be to discuss and prepare plans of cooperation in 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. This Agreement can be terminated after six months from the date of receipt of notification of either Party of its intention to terminate this Agreement.