India and USA signed Memorandum of Cooperation (MoC) on transportation
The MoC will enable India to make use of world’s latest technology available with the USA for projects like developments of waterways and multi-modal hub.
Union Road Transport and Highways minister Nitin Gadkari and US Secretary of Transportation Anthony Foxx on 8 April 2015 signed a Memorandum of Cooperation (MoC) in New Delhi for deepening partnership in the area of transport between the two countries.
Importance of MoC
• It will enable India to make use of world’s latest technology available with the USA for projects like developments of waterways and multi-modal hub.
• It aims to foster cooperative work on key issues of mutual interest for all modes of transportation and coordinating public and private sector resources and expertise to advance safe, secure, efficient and integrated transportation systems.
• It covers areas like highway transportation, urban transportation, safety and environmental protections, vehicle and behavioral safety, fuel efficiency, rail transportation, maritime shipping and intermodal transportation.