MoUs between India and Mozambique
Three agreements were signed in areas of drug trafficking, pulse
trading and sports between India and Mozambique during PM Modi’s recent visit
to the country.
The three Memoranda of Understanding (MoU)
are:
1. On reduction of drug
trafficking and psychotropic substances and related materials.
2. On cooperation in the field of
youth affairs and sports.
3. On long term agreement for
purchase of pulses.
Key aspects of the MoUs:
- Mozambique will be focusing on the production of tur dal (Pigeon Peas) to facilitate the long term trade goals with India.
- The imports are aimed at dropping the consistent inflation of pulses that has been over 30% since a few months. The import deal has been signed for a duration of five financial years (till 2020-21).
- The trade will either be held by both the governments directly or through government-nominated private channels.
The MoU on drug trafficking will aim at the reduction of the trade of
psychotropic substances and related materials.
