New Delhi, Feb. 21 -- India and Brazil exchanged a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the field of regulation of pharmaceutical and medical products.

The MoU was exchanged between India's Central Drugs Standard Control Organisation (CDSCO) and Brazilian Health Regulatory Agency (ANVISA), marking an important step towards deeper regulatory collaboration between the two countries, according to a release.

Director-President of ANVISA, Leandro Safatle and Indian Ambassador to Brazil, Dinesh Bhatia, exchanged the MoU today in Hyderabad House in the presence of Narendra Modi, Prime Minister of India and Luiz Inacio Lula da Silva, President of Brazil.

The MoU establishes a structured framework for coopera...