Indian Economy News

Memorandum of Understanding between Department of Space / Indian Space Research Organisation and Kuwait Institute of Scientific Research on cooperation in the area of outer space

New Delhi: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) between Department of Space / Indian Space Research Organization (DOS/ISRO) and Kuwait Institute of Scientific Research (KISR) on cooperation in the exploration and use of outer space for peaceful purposes.

The MoU will enable pursuing potential interest areas in both cooperative and commercial mode, namely: (1) Use of data from Indian Remote Sensing (IRS) satellites by KISR for initiating a few research and application projects; (2) Training; and (3) Building and launching of remote sensing and communication satellites on commercial terms.

The MoU will lead to setting up of a Joint Working Group, drawing members from ISRO and KISR, which will further work out the plan of action including the time-frame and the means of implementing this MoU.

Cooperation with KISR through this MoU will lead to developing a joint activity in the field of application of space technology for the benefit of humanity. Thus all sections and regions of the country will get benefited,

The MoU will provide impetus to explore newer research activities and application possibilities in the field of remote sensing of the earth; satellite communication; satellite navigation; space science and exploration of outer space.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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