S.No.

Agreement/MoU

Remarks

1

Agreement between the Government of the Republic of India and the Government of the Republic of Korea for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

India-Republic of Korea  Double Taxation Avoidance Convention (signed 1985) has been revised with a view to avoiding the burden of double taxation on taxpayers in the two countries.

2

India-Republic of Korea Agreement on Cooperation in Audio-Visual Co-Production

The Agreement is being signed under the provisions of India-ROK CEPA; it would enable co-production of films, animation and broadcasting programmes. The Agreement would enable opportunities for collaboration between Indian and Korean film industries, and facilitate collaboration and exchange.

3

MOU for Cooperation between the National Security Council Secretariat of the Republic of India and the Office of National Security of the Republic of Korea

The MoU would formalize consultations between National Security Council structures of the two countries in a number of areas.

4

MOU between the Ministry of Power of the Republic of India and the Ministry of Trade, Industry and Energy of the Republic of Korea concerning Cooperation in the field of Electric Power Development and New Energy Industries

The MoU envisages cooperation in areas of electric power development and new energy industries such as renewable energy, smart grids and power information and technology, transmission and distribution of electric power, energy efficiency and storage system.

5

MOU between the Ministry of Youth Affairs and Sports of the Republic of India and the Ministry of Gender Equality and Family of the Republic of Korea on Cooperation in Youth Matters

The MoU will strengthen and encourage cooperation on youth matters through participation in events and activities through exchanges, international conferences, seminars, youth camps, festivals etc.

6

 Framework of Cooperation in the Field of Road Transport and Highways between the Ministry of Road Transport and Highways of the Republic of India and the Ministry of Land, Infrastructure and Transport of the Republic of Korea

To be signed under the provisions of India-ROK CEPA, the FOC envisages cooperation in areas  including  road policies, design and construction, road operation, road management and safety, intelligent transport systems and electronic toll collection systems

7

MOU between the Ministry of Shipping of the Republic of India and the Ministry of Oceans and Fisheries of the Republic of Korea on Cooperation in the Fields of Maritime Transport and Logistics

The MoU envisages cooperation between the two countries in the fields of maritime transport and logistics including through  sharing of technologies, information and experiences, the training of seafarers, exchange of experts and port operations etc

 

 

 

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S.No.

MoU/Agreement

Objectives

1.

MoU on Strategic Collaboration between Indian Strategic Petroleum Reserves Limited (ISPRL) and Abu Dhabi National Oil Company (ADNOC)

(a) Potential ADNOC crude oil storage in India’s Strategic Petroleum Reserves upto 30 million barrels, including through its participation in facilities in Vishakhapatnam, Andhra Pradesh; and development of reserve facilities in Chandikol, Odisha.

(b) Potential storage of crude oil in Fujairah, UAE, to form part of the Indian strategic petroleum reserve;

(c) Potential collaboration in Liquid Natural Gas and Liquid Petroleum Gas storage facilities in India

2.

Strategic Collaboration Agreement between Indian Oil Limited (IOCL) Company and Abu Dhabi National Oil Company (ADNOC) on supplies of Liquified Petroleum gas (LPG)

Explore potential opportunities in the sale and purchase of LPG, including long term supply of LPG, and entry into a long-term LPG sale and purchase agreement between ADNOC Gas Limited and IOCL.

3.

Framework for the Strategic Defence Partnership

A Strategic Framework for Defence Industrial collaboration, innovation and advanced technology, training, exercises, education and doctrine, special operations and interoperability, maritime security, cyber defence, secure communications and information exchange.

4.

MoU between Cochin Shipyard Limited (CSL) and Drydocks World (DDW) on setting up Ship Repair Cluster at Vadinar

 

Cooperation for setting up a Ship Repair Cluster at Vadinar, including offshore fabrication, under the Maritime Development Fund Scheme launched by the Government of India.

5.

MoU between Cochin Shipyard Limited (CSL), Drydocks World (DDW) and Centre of Excellence in Maritime & Shipbuilding (CEMS) on Skill Development in Ship Repair

The tripartite agreement establishes a framework to mobilize, train and employ skilled maritime workforce. The MoU seeks to enhance capabilities of Indian maritime workforce and position India as a hub for skilled shipbuilding and ship repair professionals.

6.

Term Sheet for setting up 8 Exaflop Super Computing Cluster in partnership between CDAC, India and G-42, UAE

 

Pave the way for collaboration between CDAC and G-42 to set up super computing cluster as part of AI Mission India.

Announcement

7.

Investment from UAE to India

(i) Abu Dhabi Investment Authority (ADIA) and National Infrastructure & Investment Fund (NIIF) of India to explore investments upto US$ 1 bn in India’s infrastructure sector.

(ii) Emirates New Development Bank (ENBD) to invest US$ 3 billion in RBL BANK of India

(iii) International Holding Company to invest US$ 1 billion in Sammaan Capital of India.