Agricultural Development Bank Limited (ADBL) Nepal and the Israel’s Agency for International Development Cooperation (MASHAV) signed on 19 October 2011 a Memorandum of Cooperation (MOC) for Capacity Development in the field of Agriculture and Agriculture Extension Services. The three-year agreement was signed between the parties earlier in August 2008. The renewal of the agreement is a basis for further strengthening the cooperation in the same field and aims to encourage the open exchange of information and ideas that enhance capacity building program objectives and strengthen institutional capabilities and assist to enhance impact and sustainability through capacity building and training activities.