MoU between India and Israel on Cooperation in Oil and Gas Sector Approved

Cabinet has approved the signing of MoU between India and Israel on cooperation in the Oil and Gas Sector.

The cooperation envisaged under the agreement will facilitate promotion of investments in each other’s countries, technology transfer, R&D, conducting joint studies, capacity building of human resources and collaboration in the area of Start-ups.

Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
  • Israel President- Reuven Rivlin, Prime Minister- Benjamin Netanyahu, Currency- Israeli new shekel.

Source- Press Information Bureau (PIB)