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Cabinet approves MoU between India and Belarus
September 28 , 2017
2618 days
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- The Union Cabinet chaired by Prime Minister has given its ex-post facto approval for a Memorandum of Understanding (MoU) signed between India and Belarus in the oil and gas sector.
- The MoU will promote bilateral relationship between India and Belarus and it is envisaged to enhance the economic and commercial cooperation between the two sides in oil and natural gas sector.
- Under the MoU, both sides will work towards
- Establishing cooperation in the areas of upstream and downstream activities
- Capacity building
- Technology transfer
- Enhanced oil recovery and development of mature fields in India.
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