Ex post factor gets approval for cooperation in blue economy between India & Seychelles
Q. Union Cabinet has given approval for protocol in cooperation in field of blue economy with which nation and India?- Published on 08 Oct 15a. Seychelles
b. Mauritius
c. Both of the above
d. None of the above
ANSWER: Seychelles
Union Cabinet has provided ex post facto approval for protocol for cooperation in the field of blue economy signed between the two nations in August 26, 2015. Protocol lays down the modalities and mechanism of cooperation between the two parties for ocean studies as well as scientific exploration and exploitation of sea based resources, for sustainable development and economic purposes. It will enhance strategic cooperation in the field of blue economy while increasing commercial benefits from human resources expertise and technology export. Cooperation with Seychelles in the blue economy will provide data on ocean based resources as well as technology and expertise sharing in the field of R&D apart from furthering domestic innovation in ocean research and technology.