India-Hellenic Republic Current Affairs

Cabinet approves MoU between India and Hellenic on Renewable Energy Cooperation

The Union Cabinet has apprised Memorandum of Understanding (MoU) on Cooperation in field of Renewable Energy between India and Hellenic.

The MoU was signed by Union External Affairs Minister Sushma Swaraj and H.E. Nikos Kotzias, Minister of Foreign Affairs of Hellenic Republic during latter’s visit to New Delhi in November, 2017.

Key Facts

Under this agreement, both countries aim to establish basis for cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on basis of mutual benefit equality and reciprocity. The MoU envisages establishing Joint Working Group (JWG) to review, monitor and discuss matters relation to areas of cooperation. It also aims for exchange of expertise and networking of information.