Two agreements signed between India and Panama | Current Affairs, Current Affairs 2017

Two agreements signed between India and Panama

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India and Panama have signed two agreements on exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture.

These agreements were signed in the presence of Vice President M Venkaiah Naidu and President of Panama Juan Carlos Varela Rodrigues and Vice President and Foreign Minister Isabel de Saint Malo de Alvarado in Panama city.

In a joint statement, Naidu and Panama’s President said that India and Panama always had cordial relations. These ties are based on our common values and a shared commitment to democracy, pluralism, multi-culturalism, and the rule of law.

The Vice President said that both the countries resolve to combat terrorism in all its forms and manifestations. Mr. Naidu lauded Panama for including India for strengthening relations for its Falcon policies.

He also said that two centres for Biodiversity and Innovation will be setup by India in Panama worth US $10 million and US $15 million each.

The Vice President further added that in order to boost cooperation in key areas both the countries have agreed to strengthen cooperation in tax information, economic cooperation, air services, traditional medicines, culture and space.

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