Agreements signed by MCA, CCI and Indian Institute of Corporate Affairs with foreign organisations to facilitate the exchange of knowledge and information, were on Wednesday approved by the Cabinet. These 8 pacts will facilitate the exchange of knowledge and information, technical cooperation, experience sharing, enforcement cooperation with the organisations concerned. The areas include corporate governance and CSR, in the spheres of corporate regulation, professions of accountancy and corporate disclosures and reporting. The implementation of the MoUs will be monitored by a bilateral Working Group on corporate governance and CSR. These MoUs are signed between MCA and MEA of Netherlands. Besides, agreements have been signed by CCI with Federal Anti-monopoly Service of Russian Federation, Australian Competition and Consumer Commission, DG for Competition of European Commission, Competition Bureau of Canada.