IBEF: November 21, 2019
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) for strengthening cooperation in the field of Tourism.
The main objectives of the Memorandum of understanding, inter alia, are:
India and Finland have enjoyed a strong diplomatic and long economic relationship. The two parties now desiring to strengthen and further develop the established relationship have signed a Memorandum of Understanding between the Ministry of Tourism, Government of the Republic of India and the Ministry of Economic Affairs and Employment, Government for the Finland for strengthening cooperation in the field of Tourism.
Finland is one of the emerging inbound source markets for India. In 2018, 21239 Finnish tourists visited India. The signing of Memorandum of Understanding with Finland will be instrumental in increasing arrival from this source market.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.