India-Belarus Current Affairs

India, Belarus sign 10 pacts to expand cooperation

India and Belaru have inked 10 agreements to expand cooperation in range of areas including oil and gas, education and sports and also decided to explore joint development and manufacture of military platforms.

The agreements were signed after extensive delegational levels talks between Prime Minister Narendra Modi and Belarus President A G Lukashenko in New Delhi. Both leaders agreed to focus on ramping up economic engagement between two countries and held that their is huge scope for boosting trade and investment.

Signed MoUs/Agreements

  • MoU in the Oil and Gas Sector
  • MoU for Cooperation in Agricultural Research and Education
  • Programme of cooperation in the field of culture for 2018-2020
  • MoU between Sports Ministry and Ministry of Education of Belarus
  • MoU for Cooperation in the Field of Vocational Education and Training
  • MoU between JSC Belarusian Potash Company (BPC) and Indian Potash Ltd (IPL)
  • Agreement on Scientific and Technical Cooperation between National Academy of Sciences of Belarus and Indian National Science Academy (INSA)

India-Belarus Bilateral Relations

India’s relations with Belarus are traditionally warm and cordial. India was one of first countries to officially recognize Belarus as independent country in 1991. Bilateral relation between both countries is marked by broad understanding on issues of mutual interest.

Cooperation in science and technology and defence is important aspect of India-Belarus bilateral relations. Two-way bilateral trade amounted to US$ 402 million in 2016. The trade balance remains in favour of Belarus primarily on account of imports of Potash. Belarus has been supportive of India’s candidature for permanent seat at UNSC. Belarus also supported India at NSG meeting in Seoul in April 2016.

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India, Belarus ink 6 agreements to boost co-operation

India and Belarus signed six agreements to enhance bilateral co-operation. The agreements were signed in presence of President Pranab Mukherjee during his state visit to Belarus.

President Pranab Mukherjee is on two nation’s tour viz Sweden and Belarus. The tour had started from Sweden on 31 May 2015 and later in Belarus on 3 June.

The signed agreements are

  • Roadmap for India-Belarus Cooperation: for strengthening bilateral relations and co-operation in the field of trade, culture and other areas.
  • Protocol to amendment: To amend the agreement between two countries for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Property (Capital) of September, 1997.
  • MoU on Cooperation in the field of Standardization and Information Support: It was signed between Bureau of Indian Standards (BIS) and the State Committee for Standardization of the Republic of Belarus.
  • MoU for cooperation on Broadcasting: It was signed between Prasar Bharati (PB) and the National State Television and Radio Company of the Republic of Belarus (Belteleradiocompany).
  • MoU on Bilateral Cooperation between the Securities and Exchange Board of India (SEBI) and the Ministry of Finance of Belarus.
  • MoU for Manufacturing and Marketing of Light Industry Goods (concern Bellegprom): It was signed between the Union Ministry of Textiles of India and the Belarusian State.

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