Updated By: LatestGKGS Desk
Union Cabinet chaired by Prime Minister Narendra Modi on 6th June 2018, has approved the extension of the Memorandum of Understanding (MoU) signed between India and Netherlands in April 2018.
The MoU between India-Netherlands aims to promote bilateral technical cooperation in the field of Spatial Planning, Water Management and Mobility Management.
The MoU also aimed at boosting and strengthening the collaboration in the mentioned areas on the basis of equivalence, affordable housing, smart city development, geographical information system (GIS) for water supply & sewerage system, waste water reuse and recycle, conservation of fresh water by artificial recharge of aquifer, integrated solid waste management and heritage conservation and mutual benefit, taking into account the practical needs of both the countries.
The MoU is also believed to create employment opportunities in the field of smart cities development, affordable housing, waste management, urban environment and heritage preservation.
Capital: Amsterdam (Also Largest City)
Currency: EURO, US Dollar (Caribean & Netherlands)
Official Language: Dutch
Prime Minister: Mark Rutte
Monarch (King): Willem-Alexander
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