Why In News ?

• Recently a Memorandum of Understanding (MOU) has been signed between the Indian Pharmacopoeia Commission (IPC) and the Ministry of Health of Suriname.
• The purpose of this agreement is to recognize the Indian Pharmacopoeia (IP) as a standard for drugs in Suriname.

Static 

• Suriname is located on the north-east coast of South America. It is bordered by the Atlantic Ocean to the north, French Guiana to the east, Brazil to the south and Guyana to the west.
• The capital of Suriname is Paramaribo, which is situated on the banks of the Suriname River.
• Suriname is a democratic republic with a president as the head of state and government. The country has a multi-party political system.
• On November 25, 1975, Suriname, formerly known as Dutch Guiana, declared its independence from the Netherlands.
• Its official language is Dutch, which reflects the country's colonial history. However, several other languages are spoken, including Sranan Tongo (Surinamese Creole), Hindustani, Javanese, and English.
• Suriname's economy is diverse, consisting of mining (gold, bauxite, oil), agriculture (rice, bananas, timber) and services.
• Suriname is rich in natural resources, especially gold, bauxite, and recently discovered oil reserves.