Indian Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) on Maritime issues between India and Denmark.
The MoU is proposed to be signed during the upcoming visit of the Denmark officials to India in January, 2019.
Signing of the MoU will pave way for both countries for exploration of areas for bilateral collaboration in facilitating cross-border cooperation and investments between the maritime sectors of India and Denmark.
The agreement will enable both the countries to exchange expertise, publications, information, data and statistics to improve mutual capabilities for ensuring quality shipping;cooperation in the field of green maritime technology and shipbuilding, granting the Indian Register of Shipping (IRS) the status of Recognized Organization (RO), cooperation in the fields of maritime training and education.
The research and development for sustained cooperation in the field of merchant shipping and maritime transport related matters also come under the purview of MoU.
It will also further extend and deepen the cooperation on the opportunities of mutual benefits to both the countries, at both bilateral and international level.