Defence Secretary of India and Ministry of Defence of Finland signed a Memorandum of Understanding (MoU) to further defence cooperation between India and Finland. The MoU on co-operation in the field of Production, Procurement, Research and Development of Defence related Equipment and Industrial cooperation has been inked on the sidelines of Raisina Dialogue 2020.
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Under the broad ambit of the MoU, cooperation between Finnish companies and Indian Defence Public Sector Undertakings could be explored. A draft MoU between the two countries in the field of defence cooperation amongst others was under discussion since the DefExpo 2018 and has now been formalised in the run up to DefExpo 2020, to be held in Uttar Pradesh capital Lucknow between February 5-9, 2020.
