The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of theMemorandum of Understanding (MoU) signed with the Federal Transport Authority – Land & Maritime of the United Arab Emirates on technical Cooperation in Rail Sector. The MoU was signed on 10th February, 2018.
The MoUwill enable technical cooperation in the following areas:-
a. Regulation, safety and technical investigation of accidents;
b. Station redevelopment;
c. Locomotives, coaches and wagons; and
d. Any other area jointly identified by the Participants.
Benefits:
The MoU will provide a platform to Indian Railways to interact and share the latest developments and knowledge in the railway sector. The MoU will facilitate Exchange of Information, expert meetings,seminars technical visits and implementation of jointly agreed cooperation projects.
Background:
Ministry of Railways have signed MoUs for technical cooperation in the Rail sector with various foreign Governments and National Railways. The identified areas of cooperation inter alia include high speed corridors, speed raising of existing routes, development of world class stations, heavy haul operations and modernization of rail Infrastructure, etc. The cooperation is achieved through exchange of information on developments in areas of railways Technology & operations, knowledge sharing, technical visits, training & seminars and workshops in areas of mutual interest.
