India inks pact with Seychelles to curb black money

India has inked an information exchange agreement on tax matters with Seychelles in order to curb tax evasion and boost its efforts to fight against black money. The agreement was signed after talks between Prime Minister Narendra Modi and his counterpart Seychelles President James Alix Michel who is on three days visit to India.

Agreements signed
1.Presentation of Navigational chart related to Aldabra Island: This island is the world’s second largest coral atop which is extremely isolated, making it virtually untouched by human. It is home to the world’s largest population of giant tortoises.
2. Air Services Agreement: It will enable more and easier connections between both nations and help to expand cooperation in space, weather forecasting and disaster management, marine resources and fisheries advisory.
3. MoU to provide one Dornier Maritime Aircraft: India will gift Seychelles one Dornier Maritime Aircraft for maritime security.
4. MoU for Cooperation in agricultural research and education: It was signed between between Indian Council of Agricultural Research (ICAR) and Seychelles Agricultural Agency.
5. Protocol on framework of cooperation in the field of Blue Economy

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