Sister State Agreement
Thiruvananthapuram, Dec 15 (UNI) Kerala Financial Corporation (KFC) announced on Tuesday that it would disburse new loans worth Rs 1 trillion to revive the state`s industrial sector in the current fiscal year. The Land Government has concluded a nation-state agreement with the Canton of Zurich. The Memorandum of Understanding (LETTER of Intent, LOI) was signed by Finance Minister Yanamala Ramakrishnudu and Zurich City Councillor and Head of the Department of Economy Carmen Walker Späh in the presence of Prime Minister Chandrababu Naidu. On Twitter, the minister said that «this agreement facilitates cooperation in areas of economic development such as information technology, pharma and life sciences, biotech, fintech, media, data centers, clean energy, higher education, tourism, culture and health,» KTR tweeted. The agreement was signed by Secretary General SK Joshi and New Jersey Governor @GovMurphy#NJIndiaMission pic.twitter.com/osPVFvVVaT A sister 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. In 1986, the President of the Generalitat de Catalunya, Mr. Jordi Pujol, and the Governor of California, Mr. Edmund G.
Brown, expressed their wish to advance a sister state agreement between the two regions. In this resolution, the California Senate expressed the reasons and reflections by which «it recognizes that California honors and celebrates the contribution of Father Serra and Gaspar de Portolà to the Spanish and Catalan history and culture of California. She decided to invite Catalonia to become a sister state of California in order to promote artistic, academic and cultural exchanges that can lead to an indelible friendship and a lasting bond between California and the people of Catalonia. Yanamala Ramakrishnudu, Minister of Finance, and Carmen Walker Spah, Head of Zurich`s Department of Economic Affairs, exchange copies of the agreement in the presence of Prime Minister N. .