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India and Belgium signed Agreement for the Modernisation of Indian Railways


Author :Abhijit

Top Picks :  2012 Current Affairs, International | World, August 2012 Current Affairs

India on 1 August 2012 signed an agreement with Belgium for the modernisation of the Indian Railways and make some of the major railway stations in the country of global standard. Under the agreement the two countries would share design and current practices in railway infrastructure and deputation of experts in areas of mutual interest. The countries will also explore the new avenues of co-operation in the Railway sector.

Belgian state run companies such as Euro Station and Euro Immostar have vast experience in developing stations. The companies have extensive expertise in transforming historical railway stations into the modern international terminals.

Numerous Belgium or Belgium-based companies are already operating in India and have been involved in activities such as fastening and coating of rails to delivery of parts for train construction and software for safety and network management.

Is this article important for exams ?   Yes22 People Agreed

Read more Current Affairs on: Indian Railways, India, Belgium, India-Belgium
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