Beijing: India and China on Monday signed three key MoUs, including one on industrial parks and flood data of Brahmaputra river, coinciding with the visit of Vice President Hamid Ansari in Beijing.
The agreements were signed in the presence of Ansari and his Chinese counterpart Li Yuanchao after their talks.
The MoU on industrial parks is aimed at attracting Chinese investments in India and provides an enabling framework for Chinese companies to invest in industrial parks and zones.
Under the MoU, the two countries 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. Read more