Cabinet approves MoU between India and Australia for cooperation in textiles sector

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) on cooperation in the textiles, clothing and fashion sectors between the Ministry of Textiles and the Department of Foreign Affairs and Trade, Australia, said a government release.

The MoU will facilitate cooperation in relation to matters within the textiles and fashion sectors that may be of mutual interest and benefit the participants. The participants will jointly identify appropriate measures to connect the Australian and Indian textile and fashion sectors; promote collaboration and international engagement between those sectors; nurture the skills and talents within those sectors; promote economic opportunities and encourage   professional   engagement, training, skill development   and   public exhibition of products derived from these sectors in the two countries. However, Intellectual Property Rights of either side will stand protected.

The weavers including ancillary workers will benefit from activities to be taken under MOU.

[Source:- indiainfoline