Cabinet Approval 31st July 2019 All MoU and Agreements with Details

Cabinet Approval 31st July 2019 All MoU and Agreements with Details
Cabinet Approval 31st July 2019 All MoU and Agreements with Details

Cabinet Approval 31st July 2019 All MoU and Agreements with Details

Union Cabinet Approval 31st July 2019 All MoU and Agreements with Details given below:


Cabinet approves MoU between ISRO and Bolivian space agency



The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and Bolivia on Cooperation in the Exploration and Uses of Outer Space for Peaceful Purposes".
The MoU was signed between the Indian Space Research Organisation (ISRO) and the Bolivian Space Agency on March 29,2019 at Santa Cruz de la Sierra, Bolivia during the visit of President of India to Bolivia.

This MoU shall enable the following potential interest areas of cooperation such as, space science, technology and applications including remote sensing of the earth; satellite communication and satellite based navigation; Space science and planetary exploration; use of spacecraft and space systems and ground system; and application of space technology.

This MoU would lead to setup a Joint Working Group, drawing members from ISRO and the Bolivian Space Agency (ABE), which will further work out the plan of action including the time-frame and the means of implementing this MoU.......Read More


Cabinet approves MoU between India and Bahrain on cooperation in outer space

The Union Cabinet chaired by Prime Minister Narendra Modi was approved the signing of Memorandum of Understanding (MoU) between India and Bahrain on cooperation in the exploration and uses of outer space for peaceful purposes.

 The MoU was signed on March 11, 2019 at Bengaluru by India and on March 28, 2019 at Manama by Bahrain.

This MoU shall enable potential interest areas of cooperation, including space science, technology, and applications such as remote sensing of the earth, satellite communication, and satellite-based navigation, space science and planetary exploration, use of spacecraft and space systems and ground system, and the application of space technology.
This MoU would lead to set up a Joint Working Group, drawing members from DOS/ISRO and the Bahrain National Space Science Agency (NSSA) of the Government of the Kingdom of Bahrain, which will further work out the plan of action including the time-frame and the means of implementing this MoU.

The signed MoU will provide impetus to explore newer research activities and application possibilities in the field of remote sensing of the earth; satellite communication; satellite navigation; space science and exploration of outer space.......Read More


Cabinet approves signing of UN Convention on Intl Settlement Agreements

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of the United Nations Convention on International Settlement Agreements (UNISA) resulting from mediation by the Republic of India scheduled to be held at Singapore on 7th August, 2019, or at United Nations Headquarters.

Signing of the Convention will boost the confidence of the investors and shall provide a positive signal to foreign investors about India's commitment to adhere to international practice on Alternative Dispute Resolution (ADR).

In order to encourage international commercial arbitration in India, to evolve a comprehensive ecosystem of arbitration the Government is establishing the New Delhi International Arbitration Centre (NDIAC) as a statutory body.

The Commercial Courts Act, 2015, has been further amended and legislative exercise to further amend the Arbitration and Conciliation Act, 1996, is currently underway. These initiatives are being taken with a view to encourage the settlement of commercial disputes, domestic and international, in India through ADR Mechanism of Arbitration, Conciliation and Mediation.

A new Chapter (IIIA) has been inserted in the Commercial Courts Act, 2015, for mandatory pre-institution mediation and settlement in certain category of cases. Therefore, the of the 'Convention' are in line with the domestic laws and the efforts made to strengthen Alternative Dispute Resolution Mechanisms........Read More


Cabinet approves ISRO Technical Liaison Unit at Moscow

The Union Cabinet on Wednesday approved the setting up of ISRO Technical Liaison Unit in Moscow to enable effective technical coordination for timely interventions on diversified matters with Russia and other neighbouring countries.

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the setting up of ISRO Technical Liaison Unit (ITLU) in Moscow, Russia.

An average annual expenditure of about Rs. 1.50 crore per annum is anticipated to be incurred at ITLU in Moscow, Russia towards salary, office expenses, rent, taxes etc.

The ISRO Technical Liaison Unit (ITLU) at Moscow will enable effective technical coordination for timely interventions on diversified matters with Russia and neighbouring countries for realization of the programmatic targets of ISRO.

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