Kuala Lumpur, Nov.23: Reaffirming their desire to promote greater opportunities for students to pursue their higher studies, India and Malaysia have agreed to conclude a MoU on mutual recognition of universities and degrees between both the countries at the earliest. A joint statement issued by the two countries after the delegation level talks acknowledged the success of the Festival of India in Malaysia in 2015, supported by the Malaysian Ministry of Culture and Tourism, the Indian Ministry of Culture and the Indian High Commission. The Festival was held for the first time in all major cities and States of Malaysia.(Read: Narendra Modi in Malaysia: PM vows for stronger defence cooperation with Malaysia, inaugurates Torana Gate temple (In pics))

India and Malaysia further welcomed the additional contribution by India of Indian Rupees 50 million to the Indian Scholarship Trust Fund, managed by the High Commission of India in Kuala Lumpur, which has been operating since 1954 for deserving Malaysian Indian students; The two nations also welcomed the renaming of the Indian Cultural Centre in Kuala Lumpur as ‘Netaji Subhash Chandra Bose Indian Cultural Centre’.

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