Cabinet approves Memorandum of Understanding between India and Oman

Capital Market 

Details:

The MoU would lead to set up a Joint Working Group, drawing members from DOS/ISRO, and the Ministry of Transport and Communication (MTC), which will further work out the plan of action including the time-frame and the means of implementing this MoU.

It will provide impetus to explore newer research activities and application possibilities in the field of of the earth; satellite navigation; space science and exploration of outer space.

Implementation Strategy and Targets:

The signed MoU would lead to setting up of a Joint Working Group, which will further work out the plan of action including the time-frame and the means of implementing the provisions of this MoU.

Benefits:

MoU would lead to develop a joint activity in the field of application of for the benefit of humanity. Thus all sections and regions of the country will get benefited.

Impact:

Cooperation with the Sultanate of through this MoU would lead to develop a joint activity in the field of application of for the benefit of humanity.

Background:

The Sultanate of expressed interest to cooperate with (ISRO) for building its space programme.

A 4-member delegation from the visited ISRO in March 2011 and interacted with ISRO officials and also visited ISRO's technical facilities. The Sultanate of Oman conveyed interest to pursue cooperation on Space Applications with ISRO to the of to Oman in May 2016.

Accordingly, both sides arrived at mutually agreed version of MoU for in the peaceful uses of outer space and the same was signed between the Government of the Republic of represented by the (ISRO) and the represented by the on February 11, 2018 at

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First Published: Thu, June 07 2018. 13:55 IST