India-Netherlands ink agreement on Corporate Governance and Corporate Social Responsibility

The Union Ministry of Corporate Affairs has inked an agreement with the Ministry of Economic Affairs, Agriculture and Innovation of Netherlands on Corporate Governance and Corporate Social Responsibility. The letters of Intent to this effect were signed at a function here by Shri D.K.Mittal, Secretary, Ministry of Corporate Affairs, Government of India and HE Bob Hiensch, Netherlands Ambassador to India on behalf of the Government of Netherlands. The Letter of Intent is expected to intensify the existing successful bilateral trade and investment relations between the two countries by way of :-

• Exchange of knowledge and information in the areas of Corporate Governance and CSR;

• Enabling organizing events and workshops, bilateral consultation and expert talks;

• Strengthening and deepening a dialogue with and between the stakeholders.

The two sides have agreed upon to establish Working Group and Sub-Groups in the area of Corporate Governance, Corporate Social Responsibility, and other aspects of Corporate Affairs. The move will further enhance co-operation between the countries in the field of Corporate Governance and Corporate Social Responsibility.

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