The Union Cabinet chaired by Prime Minister Narendra Modi approved a Memorandum of Understanding (MoU) signed between India and Iceland in the field of Fisheries. The MoU was signed on 10 September 2019. Aim: The MoU will strengthen the existing friendly relations between India and Iceland. It will also enhance consultation and cooperation on Fisheries including consultation on bilateral issues. MoU Provisions: The MoU will create facilities for the exchange of scientists and technical experts and their proper placement, especially in areas of estimating Total Allowable Catches in offshore and deep-sea areas. Provision of training to fisheries professionals from key fisheries institutions in the various management aspects on areas of modern fisheries management and fish processing. Under the MoU, scientific literature research findings and other information will be exchanged. It will hold an exchange of experts/expertise to study the prospects of fishing.