Union Cabinet has approved a MoU between India and Israel on India-Israel Industrial Research and Development and Technological Innovation Fund. The two countries will make an contribution of four million dollars each for the fund annually for five years. <br/><br/>The MoU envisages promotion of bilateral Industrial R&D and Innovation cooperation in the fields of science and technology by extending support to joint projects for innovative or technology-driven products, services and processes. The MoU was concluded in July this year. <br/><br/>The Cabinet also approved a MoU between India and Brazil for cooperation in the fields of Zebu Cattle Genomics and Assisted Reproductive Technologies. <br/><br/>It will strengthen the existing friendly relations between the two countries and promote development of Genomics and Assistant Reproductive Technologies in Cattle through joint activities.