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    Question

    The Solvent Extractor’s Association of India (SEA) and

    Association of Vegetable Oil Industries (ABIOVE) have signed a memorandum of understanding (MoU) for soyabean oil imports.Where does ABIOVE belong to ? 
    A Argentina Correct Answer Incorrect Answer
    B Peru Correct Answer Incorrect Answer
    C Ecuador Correct Answer Incorrect Answer
    D Brazil Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Solvent Extractor’s Association of India (SEA) and Brazilian Association of Vegetable Oil Industries (ABIOVE) have signed a memorandum of understanding (MoU) for soyabean oil imports.  The objective of the MoU is to create a common platform to facilitate the joint interaction of both institutions under the governmental spheres of both countries and promoting public-private partnerships of mutual interest towards economic integration between the two countries in the oilseeds sectors, through the reduction of bilateral and multilateral trade barriers on oilseeds, oilseed products and edible oils.

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