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India proposes MOU on Wool Cooperation with Australia
Feb '11
The Union Minister of State for Textiles, Smt. Panabaaka Lakshmi has discussed the modalities for a Memorandum of Understanding on Wool Cooperation with Dr. Mike Kelly, Parliamentary Secretary for Agriculture, Fisheries and Forestry in Canberra, Australia.

During the discussions, the Minister proposed an MOU on Wool Cooperation, which envisages establishing a world class laboratory at Mumbai in the Wool Research Association in collaboration with Australian Wool Testing Authority (AWTA), the exchange programme for Indian sheep breeders to visit Australia, grading and marketing, breed improvement for betterment of Indian wool and a proposal for setting up of wool exchange.

The Minister also discussed the setting up of institutional structures for closer collaboration and expeditious formulation of an MOU on wool sector.

Australia is the largest wool exporter in the world, with 200 million US Dollars of wool exports to India. This export envisages substantial increase in the spindlages of Indian wool and textile mills.

Earlier during the day, Smt. Panabaaka Lakshmi visited the AWTA, the Australian Wool Exchange and a wool processing plant in Melbourne, as well as merino sheep breeding farm in Victoria.

The Minister would be visiting Australian Wool Innovation in Sydney.

Press Information Bureau

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