As one of the important pillars towards enhancing the bilateral relationship, India and Indonesia on Monday agreed to conclude a Memorandum of Understanding on Maritime Cooperation between them in accordance with the principles of the United Nations Convention on the Law of the Sea (UNCLOS) to further strengthen and accelerate maritime cooperation inter alia in maritime safety and security, and promotion of maritime industries.
Prime Minister Narendra Modi and Indonesia President Joko Widodo recognised that India and Indonesia share common interests in ensuring maritime security and the safety of sea lines of communication.
They recognised the importance of freedom of navigation and overflight on the high seas, unimpeded lawful commerce as well as resolving maritime disputes by peaceful means in accordance the UNCLOS.
Both the leaders affirmed the need to combat, prevent, deter and eliminate illegal, unregulated, and unreported fishing. They recognised transnational organised fisheries crime as one of the emerging crimes, which has become an ever-growing threat to the world.
Both leaders affirmed their deep respect for each other's contribution to promoting peace, stability and development in the Indian and Pacific Oceans and beyond.