Also the two countries signed five other agreements for cooperation relating to cultural programme, traditional medicine, air services, transfer of technology in biological, radiological and chemical warfare and in youth affairs and sports.
“We have a very productive collaboration in Science & Technology, which has been benefited from the annual contribution of one million Euros each to a Joint Strategic Research Fund. Today, we agreed to enhance our annual contribution to the Fund to 2 million Euros each. This would enable us to undertake new projects involving high-end technologies,” said the Indian Prime Minister Dr Manmohan Singh after the delegation level talks with the visiting Hungarian Prime Minister Viktor Orban here on Thursday.
He sought Orban’s support for India’s full membership of the Nuclear Suppliers Group and other multilateral export control regimes and to press for an early conclusion of India-EU Broadbased Trade and Investment Agreement. He also sought Hungary’s advanced technology in niche areas for modernization of Indian defence industry.
India, Hungary raise corpus for joint research in innovation
ASHOK B SHARMA - 2013-10-17 14:56
New Delhi: India and Hungary decided to hike the corpus of the joint strategic research fund for innovation in science and technology. Both the countries will provide two million euros annually.