India, Thailand signed five MOUs during the 7th Meeting of India-Thailand Joint Commission

Jun 30, 2015 10:30 IST

India and Thailand on 29 June 2015 signed five Agreements/ Memorandum of Understandings (MOUs) during the 7th Meeting of India-Thailand Joint Commission in Bangkok.

The documents were signed by the External Affairs Minister Sushma Swaraj and Deputy Prime Minister and Minister of Foreign Affairs of Thailand Gen Tanasak Patimapragorn.

Swaraj was on a three-day (27-29 June 2015) visit to Thailand and during the travel she co-chaired the 7th meet of the India-Thailand Joint Commission for Bilateral Cooperation.

The signed Agreements/MOUs includes
Agreed Minutes of the Seventh Meeting of the Thailand-India Joint Commission for Bilateral Cooperation: Record of decisions on the review of bilateral relationship at Ministerial level.
Exchange of Instruments of Ratification of the Treaty on Extradition: The Treaty provides the legal framework for seeking extradition of fugitive offenders, including those involved in terrorism, transnational crimes, economic offences etc. This will help both the countries in expedited extradition of fugitives. This Treaty would further strengthen the relationship between two law enforcement agencies by providing a firm legal basis for their bilateral cooperation
Memorandum of Understanding on the Establishment of Nalanda University: By signing this Agreement, Thailand joined other East Asian Summit (EAS) countries in the establishment of Nalanda University
Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on Income: The agreement provides the framework to avoid double taxation and prevention of fiscal evasion with respect to taxes on income so as to promote economic cooperation between two countries.
MoU on the Establishment of the "Academic Chair” in Ayurveda: The MoU was inked between Ministry of AYUSH, India and Rangsit University, Thailand. Under the MoU, the Central Council for Research in Ayurvedic Sciences will set up a Chair at Rangsit University, Thailand to undertake an academic and research activities in Ayurveda.

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