Economy, Domestic Economy
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Indian Cabinet Clears MoU With Iran on Trade Remedy Measures

Indian Cabinet Clears MoU With Iran on Trade Remedy MeasuresIndian Cabinet Clears MoU With Iran on Trade Remedy Measures

India’s Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its ex-post facto approval to the memorandum of understanding between India and Iran on the establishment of an expert group for taking trade remedy measures to promote cooperation in areas of mutual interest.

The MoU was signed on February 17 during Iranian President Hassan Rouhani’s visit to India.

The MoU will promote cooperation between the two countries in the areas of trade remedies such as exchange of information, capacity building activities and cooperation in investigations related to anti-dumping and countervailing duty, Indian news agency The Asian News International reported.

 

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