India and Mongolia will sign an agreement for cooperation in traditional medicines during Prime Minister Narendra Modi's visit to the country beginning May 17.
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.
"The Traditional Systems of Medicine is practiced in the trans-Himalayan region and higher Himalayan parts of India and a similar system is reported to be widely practiced in Mongolia as well as in the form of Traditional Mongolian Medicine," the official said.
"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.
