A brother-state relationship is a formal declaration of friendship between two regions, states or nations. Such an agreement is a symbol of mutual goodwill and thus promotes bilateral cooperation. Here, a partnership agreement between Telangana and New Jersey was signed Wednesday in Hyderabad. Telangana Secretary of State SK Joshi and New Jersey Stae Governor Phil Murphy signed the agreement in the presence of MAUD and Computer Minister KT Rama Rao. Thiruvananthapuram, December 15 (UNI) Kerala Financial Corporation (KFC) announced on Tuesday that it would make new loans worth 1,000 loans to revive the industrial sector in the state in the current GJ. Gujarat and New Jersey in the United States of America on Saturday concluded a “brother state agreement” for cooperation in the areas of economic development, clean energy, higher education, tourism, cultural exchanges, health and business investment. “This agreement facilitates cooperation in the areas of economic development, such as information technology, pharmaceutical and life sciences, biotechnology, fintech, media, data centers, clean energy, higher education, tourism, culture and health,” KTR tweeted. The state government has reached an agreement with the canton of Zurich. The Memorandum of Understanding (LOI) was signed by Finance Minister Yanamala Ramakrishnudu and Zurich City Councillor and Head of the Ministry of Economy Carmen Walker Sput, in the presence of Prime Minister Chandrababu Naidu.
Murphy has expressed interest in cooperation with Gujarat in the financial and pharmaceutical services, IT, real estate and commercial sectors. Finance Minister Yanamala Ramakrishnudu and Carmen Walker Spah, head of Zurich`s economics department, exchange copies of the agreement in the presence of Prime Minister N. Chandrababu Naidu. | Proof of photography: HAND OUT The agreement will promote cooperation through the exchange of experiences and information, joint cooperation plans, sectoral programmes and projects, the establishment of expert groups and joint work, the implementation of the development of pedagogical skills and regular consultations at the expert level, said Mr. Naidu.