In the following article, we will see all the MOUs (Memorandum of understanding) that were signed between the Government of India and other countries. MOUs are generally not legally binding (however note that an MOU may be legally binding if it satisfies all of the six elements of a Contract). Similar to a contract, a memorandum of understanding is an agreement between two or more parties. Let us see the important MOUs – 2018.
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Important MOUs – 2018
The following are the important MOUs signed between Government and the foreign countries.
January 2018
Learn Current affairs of India – January here.
Myanmar and India – On land border crossing.
Italy and India – Cooperation in the field of renewable energy.
India and Israel – Cooperation in the oil and Gas Sector.
Belgium and India – Cooperation in the field of ICT&E.
India and Transport for London – To improve public transport in India.
UK and India – For the return of illegal Indian Migrants, sharing of criminal records.
Rajasthan and HDFC Bank – Tie up to help start-ups.
India and Saudi Arabia – Haj agreement.
Canada and India – For cooperation on science and technology.
India and South Korea – For business cooperation.
Sri Lanka and India – 4 agreement for collaboration in ICT sector.
India and Israel – Sign 9 MoUs to boost cooperation in various fields on cyber-security cooperation, MoU on Protocol between India and Israel on Amendments to the Air Transport Agreement, MoU between the Ministry of Petroleum and Natural Gas and the Ministry of Energy on Cooperation in Oil and Gas Sector.
MoU on filmmaking, collaboration in the field of medicine, MoU with Technion- Israel Institute of Technology, MoU for exchanging information on investment opportunities, relevant laws and regulations, policies and government initiatives. For cooperation in the area of metal-air batteries. For cooperation in the area of concentrated solar thermal technologies.
ASSOCHAM and Football Delhi – To strengthen the commercial profile.
India and Vietnam – On I&B, Space Cooperation.
Cambodia and India – ink four pacts to strengthen bilateral ties.
Seychelles and India – to build military infrastructure on Assumption Island.
India and Zurich – Sign Sister State Agreement.
Water resources Ministry signed MOU with Bihar and Jharkhand – For completion of North Koel reservoir project.
Johnson & Johnson partners with Maharashtra government – on health interventions.
Punjab gov. inks MOU with IOC To set up Biogas, Bio-CNG plants.
February 2018
Learn Current affairs of India in February 2018 here.
Cochin Shipyard Limited Signs MoU With Russian Firm USC to collaborate and engage in Design, Development and Execution of contemporary, State-of-Art vessels for Inland and Coastal Waterways.
IWAI Signs Project Agreement with World Bank For Jal Marg Vikas Project
Assam Government, Ola For River Taxi Service
Google And NCERT Join Hands To Teach Students Digital Safety
India and Australia for Secondment Programme.
China and India for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion.
India and Tunisia for cooperation on Youth matters.
USA and India on Law Enforcement Training.
India and Palestine 6 Memorandums of Understanding (MoU)s worth USD 40 million.
United Kingdom of Great Britain and Northern Ireland on Cooperation in the Field of Skill Development, Vocational Education and Training.
India and Oman have signed eight MoUs on defence, health and tourism.
UAE and India inked 5 agreements related to energy & railway sectors, manpower and financial services.
Iran and India For The Avoidance Of Double Taxation.
India and Iran 9 MoUs To Boost Bilateral Ties.
Morocco-India Cooperation Agreement in Railway Sector.
India and Israel on Film Co-production.
March 2018
Learn Current affairs of India March here.
India and Jordan – Cooperation in the field of manpower, in customs matters.
India and Vietnam – On economic and trade cooperation.
Maharashtra govt. – Ties up with Wikipedia.
Bengaluru and Microsoft – On renewable energy deal.
ONGC and IDRO oil – For developing Susan guard oilfield in Iran.
SIDBI signed MOU with CSC E-governance service – To offer MSME better credit access.
Airbus signup Indian start-ups – To push Make in India.
ISA-ADB, NDB, GCF, AFDB and AIIB – Ink joint declaration for financial partnership.
11 Pacific Rim countries sign TPP – To lowering non-tariff and tariff barriers to trade among signatory countries.
IREDA and EIB – 150 MN euro loan agreement for renewable energy.
Telangana govt with Safran electrical and Power SAS – For established an aerospace unit in Telangana.
IRBI and RBI – Ink Pact for increased co-operation.
Federal bank with celebrus capital limited and fortune wealth management Co. India Pvt. Ltd. – For portfolio investment scheme.
Health ministry and WHO – Sign an agreement for enhanced Co-operation in the health sector.
Odisha govt. with TATA trust – Implementing the state’s decision for land rights settlements for slum dwellers in urban areas.
IATA signed MOU with the ministry of civil aviation and National aviation university to improve human resource availability in India’s aviation industry.
Boeing ink pact with TAL – To make beams for 787-9/10 Dreamliner’s.
First Data sign deal with RBL bank – To provide card processing services.
Muthoot finance with Global IME bank – For money transfer service to Nepal.
Indian govt., ADB ink – $120 MN loan for rail infrastructure.
Indian army with HPCL, NIEDO – To provide quality faculty for professional coaching of Kashmir youth.
Practice Questions
Q 1: The following MOUs were signed in March 2018?
A) Bengaluru and Microsoft – On renewable energy deal.
B) IREDA and EIB – 150 MN euro loan agreement for renewable energy.
C) Panjab and Nandan Nilakani’s e- govt. – For managing of electronic governance for urban local bodies across the state.
D) All of the above.
Ans: D) All of the above.
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