The MoU is beneficial for bilateral relations and will help in expanding cooperation in the field of consumer protection and will provide an institutional mechanism for exchange of information and derive mutual benefits from development taking place in both the countries, an official release said.
It will also promote inclusive, sustainable and resilient development in the areas of consumer protection and legal metrology to deal with new challenges such as misleading advertisement, telemarketing, multi-level marketing and e-commerce.
The MoU will ensure traceability of national and international standards, thereby developing new areas of expertise that may facilitate tackling new challenges.
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