#Burning_issue_of_the_day
➡ India, Panama sign two agreements
▪ India and Panama have signed two agreements on exemption of Visas for holders of Diplomatic and Official Passports and in the field of Agriculture.
▪ These agreements were signed in the presence of Vice President M Venkaiah Naidu and President of Panama Juan Carlos Varela Rodrigues in Panama city.
▪ It was second leg of Vice President M Venkaiah Naidu’s his first official foreign visit to three countries Guatemala, Panama and Peru to strengthen India’s relations with them.
➡ Key Facts
▪ India and Panama always had cordial relations. These ties are based on our common values and shared commitment to democracy, pluralism, multi-culturalism, and the rule of law.
▪ During Vice President M Venkaiah Naidu’s visit, both countries resolve to combat terrorism in all its forms and manifestations.
▪ India will set up two centres for Biodiversity and Innovation in Panama worth US $10 million and US $15 million each.
▪ Both countries have agreed to boost cooperation in key areas by strengthening cooperation in tax information, economic cooperation, air services, traditional medicines, culture and space.