India, Colombia Sign Audio-Visual Co-Production Agreement
India and Colombia signed a major Audio-Visual Co-Production Agreement, marking Colombia as the 17th country to collaborate with India in the film sector. This agreement will promote cultural exchange, economic growth, and global recognition for both nations’ film industries. It includes financial incentives like reimbursement for production costs and bonuses for featuring Indian culture and workforce. The agreement strengthens India’s position in global filmmaking and supports joint productions that showcase the rich cultural heritage of both nations. Future international film events will further promote collaboration and innovation.
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