India, Netherlands ink three MOUs
28th June, 2017Category:
Describing the Netherlands as India's natural partner in its economic development, Prime Minister Narendra Modi has invited Dutch companies to invest in the country which he said was the land of opportunities. The two countries signed three MoUs in the fields of social security, water cooperation and cultural cooperation.
Water is a prime sector for cooperation between the two countries, Modi said, referring to a joint water technology initiative, Dutch Indian Water Alliance for Leadership Initiative (DIWALI). India joined the MTCR as a full member last year. MTCR membership enables India to buy high-end missile technology and also enhances its joint ventures with Russia. This year, the two countries are celebrating 70 years of the establishment of Indo-Dutch diplomatic relations.
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