The two countries will sign an MoU for promotion of Indian Traditional Systems of Medicine and Homoeopathy in Mongolia, which will help India source medicinal raw material from there. The approval for the MoU was granted by cabinet today.
"The cooperation will explore the potential of both the countries in the field of Traditional Medicines as Mongolia is one of the friendly countries and we have lot of common elements in common in terms of medicines and heritage," said a senior official of AYUSH ministry.
"Traditional medicine is a significant component of Mongolian healthcare and India is blessed with well-developed systems of traditional medicine including medicinal plants, which hold tremendous potential in the global health scenario," he said.
The government also granted approval for extension of an MoU signed between India and the China on Cooperation in Traditional Medicine. The MoU had expired in January 2013.