The salient features of MOU are as under :
- the exchange of information and data;
- the exchange of government officials, scientists, research assistants, specialists, fisheries extension workers between the two countries.
- cooperation in the field of training for administrative officers, researchers and human resources in fisheries and aquaculture;
- the promotion and encouragement of direct cooperation between the businesses of the two Parties in investment, joint-venture establishment, technology transfer in the fields of fishing, aquaculture, fish processing, fishery export/import and other fishery-related industries;
The MOU shall enter into force from the date of signature by both parties and shall remain effective for unlimited period.