New Delhi– The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday gave its ex post facto approval to an agreement between India and Iran to set up an expert group on trade remedy measures.

“The Memorandum of Understanding (MoU) will promote cooperation between the two countries in area of trade remedies such as exchange of information, capacity building activities, cooperation in investigations related to anti-dumping and countervailing duty,” said an official statement.

The MoU, signed on February 17, 2018 during the visit of Iranian President Hasan Rouhani, is aimed to promote cooperation in areas of mutual interest. (IANS)

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