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Memorandum of Understanding between India and United Arab Emirates to mobilise long term investment into the National Investment and Infrastructure Fund

News and Press Release - Dated:- 25-3-2016 - The Union Cabinet chaired by the Prime Minister Shri Narendra Modi gave its ex-post facto approval for a Memorandum of Understanding (MoU) between India and the United Arab Emirates (UAE) signed on 11th Fe .....

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and brownfield, including stalled projects, NIIF would solicit equity participation from strategic anchor partners. The MoU will help establish a transparent and high-level framework and collaboration platform under which both countries intend to ex .....

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in a mutually agreed manner. A joint working group comprising of the concerned representatives of both parties would take forward cooperation under this MOU and to discuss and agree the terms, principles and criteria jointly. Background: The Cabinet .....

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