India, Brazil to sign four agreements

India and Brazil were to sign four agreements tomorrow which includes the extradition treaty and an Memorandum of Understanding in the field of Oil and Natural gas.

RIO DE JANERIO: India and Brazil were to sign four agreements tomorrow which includes the extradition treaty and an Memorandum of Understanding in the field of Oil and Natural gas.

The agreements would be signed in presence of President Pratibha Patil on the last day of her state visit to Brazil. Under this agreement the two countries would provide extradition of any person against whom an arrest order is issued by a competent court for a crime, which is punishable in both the countries with an imprisonment for at least one year or a more severe punishment.

"In case of a financial or revenue related crime, the extradition may take place even in both the countries to not have the same penalty for the crime," the agreement read.

The other agreement was aimed about strengthening the bilateral cooperation and establishing the institutional cooperative relationship between the two countries on oil and natural gas development issues.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Foreign Trade › India, Brazil to sign four agreements
Text Size:AAA
Success
This article has been saved

*

+