India, Bangladesh to sign MoU on traditional systems of medicine

New Delhi, Sep 5 (IANS) The government on Thursday decided that India will sign a Memorandum of Understanding (MoU) with Bangladesh for cooperation in the field of traditional systems of medicine and homeopathy.

The decision was taken at a union cabinet meeting chaired by Prime Minister Narendra Modi.

The MoU will be of immense importance to both countries considering their shared cultural heritage, an official release Thursday said.

The MoU shall also provide a structured frame work for cooperation between the two countries for the promotion of Indian traditional systems of medicine and homeopathy in Bangladesh.

The release added that though there are no additional financial implications involved, financial resources necessary to conduct research, training courses, conferences and meetings will be met from the existing allocated budget and existing plan schemes of the department of AYUSH of the health ministry.