Cabinet approves MoU between India and Sao Tome and Principe for Cooperation in the field of Traditional Systems of Medicine and Homoeopathy

Capital Market 

The chaired by has given its ex-post facto approval for the Memorandum of Understanding (MoU) between and for Cooperation in the field of Traditional Systems of and Homoeopathy.

The MoU was signed in March, 2018.

Major impact:

The MoU, will enhance bilateral cooperation between the two countries in the areas of Traditional Systems of This will be of immense importance to both countries considering their shared cultural heritage.

Implementation strategy and targets:

The activities between the two sides will start after the receipt of copy of the signed MoU. The initiatives taken between the two countries will be as per the terms of reference of the MoU signed and will be a continuing process till the MoU remains in operation.

Background:

is blessed with well- developed systems of traditional including medicinal plants, which hold tremendous potential in the global scenario.

The of the Republic of having the mandate to promote, propagate and globalize the Traditional Systems of including Ayurveda, Yoga and Naturopathy, Unani, Siddha, Sowa-Rigpa and Homoeopathy has taken effective steps by entering into MoU with the Government of Malaysia, Government of & Tobago, Government of Hungry, Government of Bangladesh, Government of Nepal, Government of Mauritius, Government of Mongolia, for Cooperation in Traditional Another MoU is proposed to be signed with the Government of

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First Published: Wed, April 25 2018. 13:27 IST