India and Argentina have signed a Memorandum of Understanding (MoU) on Cooperation in Agriculture and Allied Sectors.The MOU provides a framework for exchange of information on best practices and technologies, cooperation in research and development and promotion of trade, investment and joint ventures.
Argentina is the largest source of import of soya oil by India.There are 14 Indian companies which have invested about one billion dollars in IT, agrochemicals, steel, pharmaceuticals and cosmetics in Argentina.Agricultural machinery is emerging as a new area of trade and collaboration.
No comments:
Post a Comment