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Construction : Web Exclusive | September 2014 | Source : Construction Update

India and China signs three MOUs

During the Chinese President Xi Jinping visit to India, both the countries have signed three Memoranda of Understanding (MoUs) including the following: 1. MoU establishing Sister Province relations between Guangdong, China and Gujarat, India which covers cooperation in economy and trade, environmental protection, public policy education, health, science and technology, tourism and culture. 2. MoU between the cities of Guangzhou, China and Ahmedabad, Gujarat, India for closer cooperation between the local authorities of the two cities, which will facilitate engagements in the fields of economy and trade, environment protection, public policy, education, health, science and technology, tourism and culture. Knowledge sharing will be done through delegation visits, institutional meetings and sharing of experiences in areas of mutual interest. 3. MoU between Industrial Extension Bureau (iNDEXTb), the nodal agency of Government of Gujarat for investment promotion, and China Development Bank, under which iNDEXTb will assist Chinese investors in obtaining required clearances and creating infrastructure facilities in the industrial parks.
 
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