India, Slovak Republic signed MoU for technical cooperation in Railway Sector

Aug 14, 2015 15:50 IST

India and Slovak Republic on 13 August 2015 signed a Memorandum of Understanding (MoU) on technical cooperation in railway sector. The MoU was signed in New Delhi by Ganga Ram Agarwal, Secretary of Railway Board of India and Zigmund Bertok, Ambassador of Slovak Republic to India.

The potential cooperation areas mentioned in the MoU are:
• Infrastructure building and management– station development and workshop modernisation
• Information & communication technologies especially for passenger amenities
• Modernisation of rolling stock
• Modernisation of Signaling & Telecom
• Any other area mutually agreed between the Parties, falling within the scope of this MoU

The MoU will be valid for a period of two years and after completion of valid term, it will be automatically renewed for further successive period of two years at a time.

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