The MoU on industrial parks is provides an enabling framework for Chinese companies to invest in industrial parks and zones. The MoU will ensure cooperation between Lal Bahadur Shastri National Academy of Administration, Mussoorie and China Executive Leadership Academy, Pudong, Shanghai.
India and China have agreed to cooperate to increase mutual investment in each other’s economies and this cooperation will be in accordance with the relevant domestic laws and regulations of each party and on the basis of equality and mutual benefit.
India provides money for maintenance of 3 hydrological centers on the Chinese country side.
The MoU on flood data sharing will provide India with 15 days more of hydrological information of river Brahmaputra. The information assist India in flood forecasting. The third MoU will help the two countries establish a framework for regular interactions between administrative officials to share experiences and learn from each other’s best practices. Specific programmes of collaboration will be worked out consequently.
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