The Union Cabinet chaired by Prime Minister Narendra Modi has given ex-post facto approval to the Memorandum of Understanding between India and Bolivia in the Field of Traditional Systems of Medicine and Homoeopathy.

The MoU was signed in Bolivia in March, 2019.

The MoU will provide a framework for cooperation, and will be mutually beneficial between the two countries for promotion of traditional systems of medicine and homoeopathy. It will lead to promotion and propagation of Traditional Systems of Medicine and Homoeopathy in Bolivia, and will boost the importance of AYUSH (Ayurveda, Yoga, Unani, Siddha and Homoeopathy) systems of Medicine in Bolivia.

The MoU will further facilitate exchange of experts for training for the practitioners and Scientists undertaking collaborative research, which will lead to new innovations in drug development and practice in Traditional Systems of Medicine.