The ministry of commerce has started the initiative to forge broader cooperation between the SAARC (South Asian Association for Regional Cooperation) countries on traditional medicines with a view to tap the emerging potential in the field at the global level through joint efforts and by forming a common platform.
The ministry has already drafted the Memorandum of Understanding (MoU) and launched consultations with the stakeholders to garner their inputs before finalising the document. It has also sought views from the concerned departments including Ayush that will represent India in the agreement with SAARC countries, sources said.
