The Centre on Wednesday approved the Memorandum of Understanding (MoU) between India and Myanmar on bilateral cooperation for Prevention of Trafficking in Persons; Rescue, Recovery, Repatriation and Re-integration of Victims of Trafficking.
The decision was taken in a cabinet meeting chaired by Prime Minister Narendra Modi.
Ready for a challenge? Click here to take our quiz and show off your knowledge!
The MoU aims to strengthen the bonds of friendship between the two countries and to increase bilateral cooperation on the issues of prevention, rescue, recovery and repatriation related to human trafficking.
It will also strengthen cooperation to prevent all forms of human trafficking and to protect and assist the victims of trafficking, besides ensuring speedy investigation and prosecution of traffickers and organized crime syndicates in either country.
It also aims to strengthen immigration and border controls cooperation and implementation of strategies with relevant Ministries and Organizations to prevent trafficking in persons.
Ready for a challenge? Click here to take our quiz and show off your knowledge!
The MoU will also work setting up Working Groups and Task Force to make efforts to prevent human trafficking
“It will also help in developing and sharing the database on traffickers and victims of trafficking in a safe and confidential manner and exchange information through designated focal points of India and Myanmar,” an official said.
Cabinet Committee on Economic Affairs has also accorded its approval for waiver of repayment of a loan of Rs 54 lakh and interest thereon, amounting to Rs 370.40 lakh, totalling Rs 424.40 lakh plus the amount of interest that will accrue on the total amount, from 01.04.2019 till this approval outstanding against the Sikkim Mining Corporation.
With this, further accumulation of interest on the principal loan will get extinguished and the liquidation process of the Corporation will get completed.