Recent 6 months news in Agreements

Lee Jae Myung, the President of the Republic of Korea, accompanied by First Lady Kim Hea Kyung, has visited India at the invitation of PM Narendra Modi. During a bilateral summit at Hyderabad House in New Delhi, both nations announced a “Joint Strategic Vision” to expand the India-ROK Special Strategic Partnership (SSP) for the 2026-2030 period.

The visit resulted in the establishment of an Industrial Cooperation Committee (ICC) and the formulation of a framework for the “India–Korea Digital Bridge” to facilitate collaboration in AI, semiconductors, and Information Technology. Both countries also agreed to resume negotiations for upgrading the Comprehensive Economic Partnership Agreement (CEPA).

The 10th session of the India–Kenya Joint Trade Committee (JTC) was held in Nairobi, Kenya, to review and strengthen bilateral trade. The meeting was co-chaired by Rajesh Agrawal, Commerce Secretary, and the Kenyan counterpart Regina Akotah Ombam. Bilateral trade between the countries reached $4.31 billion in 2025-26, which is a 24.91% increase from $3.45 billion in 2024-25. The JTC also reviewed the MoU between the Bureau of Indian Standards (BIS) and the Kenya Bureau of Standards (KEBS) to facilitate smoother trade.

BharatGen Technology Foundation has signed a 5-year MoU with L&T Semiconductor Technologies (LTSCT) and L&T-Vyoma, subsidiaries of Larsen & Toubro (L&T), to develop the first end-to-end sovereign AI compute platform in India.

The partnership aims to establish a completely indigenous AI ecosystem to reduce dependency on international supply chains and imported hardware, thereby fostering domestic technological self-reliance.

The Centre for Maritime Economy and Connectivity (CMEC), functioning under the Research and Information System for Developing Countries (RIS), has signed an MoU with the University of Delhi to strengthen maritime education and research through joint initiatives.

Vice President CP Radhakrishnan has conducted the first-ever bilateral visit to Sri Lanka. He met President Anura Kumara Dissanayake and Prime Minister Harini Amarasuriya to review bilateral initiatives and the progress of development projects supported by India.

Both nations signed multiple MoUs to strengthen cooperation in healthcare and regional development. The visit marked the completion of Phase III of the Indian Housing Project (covering 4,000 houses). Sri Lanka has formally joined the International Big Cat Alliance (IBCA) to enhance regional conservation efforts.

DataKaveri Systems, the commercial arm of the Centre of Data for Public Good (CDPG) of the IISc Bengaluru, has signed an MoU with the Japan-based ONESTRUCTION Inc to integrate construction data into AI-ready urban data exchange systems across Indian and Japanese cities.

The collaboration involves connecting the openIBM platform of the latter with the Intelligent Universal Data Exchange (IUDX) of the former. It is to be noted that the IUDX platform is currently operational in 55 smart cities in India.

The Department of Posts (DoP) has signed an MoU with DTDC Express Ltd (DTDC) to enhance the logistics and e-commerce landscape in India. The partnership aims to improve nationwide parcel delivery by leveraging the physical infrastructure of the DoP and the logistics expertise of the DTDC.

Union Minister Jitin Prasada has paid a two-day official visit to the Czech Republic to bolster bilateral trade, investment, and industrial cooperation. He co-chaired the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation (JCEC) along with his Czech counterpart Jan Sechter in Prague, the capital of the Czech Republic.

The event witnessed the signing of the protocol of the 13th India-Czechia JCEC to formalize economic and industrial agreements. Additionally, the India-Czech Business Forum was inaugurated in Prague to promote mutual investment and strengthen Business-to-Business (B2B) linkages between the two countries.

Union Minister Jitin Prasada has paid a two-day official visit to the Czech Republic to bolster bilateral trade, investment, and industrial cooperation. He co-chaired the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation (JCEC) along with his Czech counterpart Jan Sechter in Prague, the capital of the Czech Republic.

The event witnessed the signing of the protocol of the 13th India-Czechia JCEC to formalize economic and industrial agreements. Additionally, the India-Czech Business Forum was inaugurated in Prague to promote mutual investment and strengthen Business-to-Business (B2B) linkages between the two countries.

The Ministry of Micro, Small, and Medium Enterprises (MoMSME) has signed an MoU with NICDC Logistics Data Services Ltd (NLDSL) to enhance logistics efficiency and facilitate data-driven policymaking for the MSME sector. NLDSL is the digital and data division of the National Industrial Corridor Development Corporation (NICDC).

The Paralympic Committee of India (PCI) has partnered with the French Institute in India (IFI) to launch a 3-year initiative named “Para Elan” to promote inclusive education and empower youth through para-sports. The program aims to reach 10,000 students through activities such as awareness campaigns, specialized workshops, interactions with athletes, and adaptive sports engagements.

Herbalife India, a subsidiary of Herbalife Ltd (HLF), has signed an MoU with theIIT Madras to establish the first Centre of Excellence (CoE) on Plant Cell Fermentation Technology in India. The CoE will be located at the IIT Madras Research Park in Chennai.

The 7th Joint Group of Customs (JGC) meeting between India and Bhutan was held in Munnar, Keralam. The session was co-chaired by Yogendra Garg, Special Secretary and Member (Customs) of the Central Board of Indirect Taxes and Customs (CBIC), and his Bhutanese counterpart Sonam Jamtsho.

India is the largest trading partner of Bhutan, accounting for 80% of the total trade volume of Bhutan. Bilateral trade between the two nations reached over $1.9 billion in FY25, showing a growth of more than 46% compared to FY24.

The Space Applications Centre (SAC) of the Indian Space Research Organisation (ISRO) has signed an MoU with the Ashoka Trust for Research in Ecology and the Environment (ATREE) to enhance sustainable land management practices in India.

The project involves mapping 3.2 lakh sq. km of land, which constitutes nearly 10% of the total geographical area of India. It is to be noted that the initiative is a significant step towards the goal of India to achieve Land Degradation Neutrality

The Maharashtra government has signed an MoU with the Vietnam based Vingroup to explore strategic investments across multiple sectors in the state. The proposed investment is worth $6.5 billion (₹54,000 crore) and will be executed over a period of 2 years.

The Ministry of Minority Affairs has signed an MoU with the IIT Patna under the PM Virasat Ka Samvardhan (PM VIKAS) scheme. The initiative aims to enhance the employability and placement opportunities of minority youth through modern, technology-driven skilling interventions.

The Government of Andhra Pradesh has signed an MoU with the National Remote Sensing Centre (NRSC), a constituent unit of the ISRO, to strengthen lightning forecasting and early warning systems.

The partnership also aims to enhance the overall disaster preparedness and management framework of the state.

The Broadcast Engineering Consultants India Ltd (BECIL) has signed an MoU with the Centre for Development of Advanced Computing (C-DAC) to collaborate in the fields of advanced technologies, digital transformation, and capacity building. The partnership focuses on joint project implementation, consultancy, and technical support, including the development of solutions in emerging technologies.

The Department of Posts (DoP) has signed an MoU with the Prime

Ministers’ Museum and Library (PMML) to promote the democratic

history of India through philately and cultural outreach.

The agreement was signed at the PM Sangrahalaya on its 4th

Foundation Day. Under the partnership, both organizations will

organize joint exhibitions and establish a permanent co-branded

postal outlet within the museum premises.

The Gujarat government has signed an MoU with Allegiance International Company Ltd to establish an Indo-Taiwan Industrial Park in the Sanand-Dholera region.

The proposed industrial park will focus on high-technology sectors like semiconductors, electronics manufacturing, Electric Vehicles (EVs), robotics, and related supply chain infrastructure.