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India, Bangladesh To Ink MoU In Traditional Medicine
"This (the MoU) will be of immense importance to both countries considering their shared cultural heritage," the Indian government announced in a statement.
It said that the MoU would also provide a structured frame work for cooperation between the two countries for the promotion of Indian traditional systems of medicine and homeopathy in Bangladesh.
The total exports of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (Ayush) products from India in 2012-13 was Rs2167.57 crore (US$358.42 million). India's exports of herbal and Ayush products to Bangladesh for 2013-14 was Rs31.85 crore (US$5.27 million).
The Department of Ayush, as a part of its mandate to propagate the Indian systems of medicine globally, has taken effective steps by entering into MoUs with the State Administration of Traditional Chinese Medicine (SATCM), China (the MoU has since expired), Malaysia, Trinidad and Tobago and Hungary for cooperation in traditional medicine.
MoUs are proposed to be signed with Serbia and Nepal for which the Cabinet has given its approvals. Consequently, the Ministers of Health, Government of Serbia and Government of Nepal have been invited to visit India for signing of the MoUs.
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