Institute of Bioresources and Sustainable Development (IBSD) has signed a historic Memorandum of Understanding (MoU) on Thursday with Belgium based Vision on Technology (VITO) in the field of Climate Change, Environment, Water Management, Biotechnology, Bamboo Refinery, bioresources management etc. in New Delhi on the occasion of the state visit of their majesties, King and Queen of Belgium to India.
IBSD is a national institute under Department of Biotechnology, Government of India based in Manipur.
According to a press statement from IBSD, the MoU was signed by Professor Dinabandhu Sahoo, Director of IBSD and Dr. Dirk Fransaer, Managing Director of Vito. The MoU was signed in the presence of HE Didier Reynders, Federal Deputy Prime Minister and Minister of Foreign Affairs and European Affairs, HE Pieter De Crem, Federal Secretary of State for Foreign Trade, HE Rudi Vervoort ,Minister-President of the Brussels-Capital Region as well as Ambassador of Belgium to India.
In total, 16 MoUs were signed with companies which include ADANI Group, CII, Pharmaceutical Industry, Bharat Electronics, Government of Meghalaya, IIT Kanpur, IBSD etc.
“We are very fortunate and lucky to be chosen as the only research based institute from North East and the entire country to be part of this historic event. I am sure this MoU is very important for both the countries especially for the socio economic development of North East,” said Professor Sahoo.
“With Indian resources and Belgium technologies we will be able to bring a lot of development at the grass root level and bring changes in the life of people,” Sahoo added.
Sahoo, who later met the visiting Belgian King His Excellency King Philippe, also mentioned that things are rapidly changing in North East and soon many more developmental projects would be brought to region. The MoU assumes more significance as it is taking place in the year when both nations are celebrating 70 years of diplomatic ties, and is aimed at deepening the overall political and economic engagement between the two countries, the press statement from IBSD added.
“The Royal couple is accompanied by six Ministers and a high powered business delegation comprising of CEOs of about 90 Belgian companies, 13 Heads of academic institutions and a 30-member media delegation,” the statement further added.