Cabinet approves MoU with Brazil in health and medical sector 

PM Narendra Modi
Prime Minister Narendra Modi

New Delhi (NVI): Enhancing India’s health sector at a wider level, Union Cabinet chaired by Prime Minister Narendra Modi on November 6 approved the Memorandum of Understanding (MoU) between India and Brazil in the field of health and medicine. 

The proposed agreement aims to encourage cooperation between the two countries through joint initiatives, technology development and the development of research in the health sector.

The pact will facilitate to improve the public health status of people and will strengthen bilateral ties between the two countries. 

Meanwhile, the Cabinet has also given a nod to the signing of the protocol amending the convention between two countries for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.

The amended provision of Double Taxation Avoidance Convention (DTAC) will implement the minimum standards as well as other recommendations of the G-20 OECD Base Erosion and Profit Shifting (BEPS) Project to bring it in line with international developments.

–ps