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Cabinet approves MoU on maritime issues between India, Denmark

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The Union Cabinet has approved the memorandum of understanding (MoU) on maritime issues between India and Denmark. 
 
The signing of the MoU will pave way for both countries for exploration of areas for bilateral collaboration. It will facilitate cross-border cooperation and investments between the maritime sectors of India and Denmark, an official press release said.
 
It 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, grant the Indian Register of Shipping (IRS) the status of Recognized Organization (RO) and lead to cooperation in the fields of maritime training and education, the release said.
 
It will also facilitate research and development for sustained cooperation in the field of merchant shipping and maritime transport related matters. It will further extend and deepen the cooperation on the opportunities of mutual benefits to both the countries, at both the bilateral and the international level.
 
Denmark is one of the important trading partners with India. Major exports to India include medicinal/ pharmaceutical goods, power generation machinery; industrial machinery, metal ores, organic chemicals, etc. 
 
Major Indian exports to Denmark include apparels, textiles/ fabrics/ yarns, road vehicles and components, metal goods, iron and steel, footwear and travel goods. 
 
NNN

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