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Cabinet approves MoU between Export-Import Bank of India (Exim Bank) on General Cooperation with the New Development Bank (NDB), along with other Development Financial Institutions of BRICS nations

News and Press Release - Dated:- 13-10-2016 - The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) on General Cooperation with New Development Bank (ND .....

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inancial implication involved with signing of the MoU. The participating institutions from the BRICS nations will be benefitted by this MoU. The MoU is a non-binding umbrella agreement aimed at establishing a cooperation framework in accordance with .....

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economic cooperation and help India play an enhanced international role. Therefore, keeping in view the strategic relevance of cooperation for sustainable development and inclusive economic growth, the signing of MoU is necessary in the context of c .....

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