Sign In
Learn bits
I.R.
Pradeep Kumar

03/06/21 11:30 AM IST

MoU b/w India and Argentine

In news

Cabinet approves Memorandum of Understanding between India and Argentine Republic on cooperation in the field of Mineral Resources.
The MoU will provide an institutional mechanism for cooperation in the field of Mineral Resources.

Objective
  • The objectives of the MoU are to strengthen the activities involved like cooperation for encouraging minerals exploration and development, including extraction, mining and beneficiation of lithium; possibilities of forming joint venture in the field of base metals, critical and strategic minerals for mutual benefit;  exchange of technical and scientific information and interchange of ideas and knowledge; training and capacity building; and promotion of investment and development in the area of mining activities, would serve the objective of innovation.
Why?

Currently, India is heavily dependent on import of these cells and the move to ink sourcing pacts for lithium a key source of both the raw material and cells.

Source: PIB 

More Related Current Affairs View All

05 May

Key objectives of caste count

'The Union Cabinet has decided that the next Census will include questions on caste to its enumeration of India’s population, for the first time in almost a century. ' T

Read More

05 May

2 new genome-edited rice varieties

'Agriculture Minister Shivraj Singh Chouhan recently released two genome-edited varieties of rice, the first achievement of its kind in the country.' These two varieties, which

Read More

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps