India, USA sign Memorandum of Cooperation for transportation

A new Memorandum of Cooperation for India-US transportation aims to foster cooperative work on key issues of mutual interest for all modes of transportation, coordinating public and private sector resources and expertise to advance safe, secure, efficient and integrated transportation systems. It would cover areas like highway transportation, urban transportation, safety and environmental protections, vehicle and behavioural safety, fuel efficiency, rail transportation, maritime shipping and intermodal
April 9, 2015
A new Memorandum of Cooperation for India-US transportation aims to foster cooperative work on key issues of mutual interest for all modes of transportation, coordinating public and private sector resources and expertise to advance safe, secure, efficient and integrated transportation systems.

It would cover areas like highway transportation, urban transportation, safety and environmental protections, vehicle and behavioural safety, fuel efficiency, rail transportation, maritime shipping and intermodal transportation.

The memorandum was signed this by Nitin Gadkari, Minister of Road Transport and Highways and Shipping and Anthony Foxx, US Secretary of Transportation. Gadkari stated the memorandum was a new chapter in Indo-US cooperation. He said that the initiative would enable India to make use of world's latest technology available with the USA for projects like developments of waterways and multi-modal hub.