India-Hungary Current Affairs - 2019
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The Union Cabinet has given its approval for signing of a Memorandum of Understanding (MoU) between India and Hungary on cooperation in the field of water management.
The MoU will be signed between Union Ministry of Water Resources, River Development and Ganga Rejuvenation and the Ministry of Interior, Government of Hungary.
This is for the first time India is entering into a MoU with Hungary with wide-ranging areas on water sector.
Key Features of MoU
- Both the countries will cooperate in the field of river basin management, integrated water resources management, irrigation technology innovation, efficiency in water supply and flood & drought management to improve the socio-economic conditions of the people.
- They will also exchange of scientific delegations and experts in the field of water resources development and management for joint activities.
Enhance bilateral cooperation in the field of water management, on the basis of equality and mutual benefits. Encourage the development of bilateral relations between private and public organizations concerning water resources of both the countries.