Cabinet approves MoU between India and Panama on maritime

New Delhi, Apr 27 (UNI) The Union Cabinet today approved the signing of a Memorandum of Understanding (MoU) on mutual cooperation relating to maritime transportation and port development between India and Panama.

Briefing newspersons on the outcome of the Cabinet meeting, an official spokesman said here the areas of cooperation identified include exchange of experience and background information, experts and technology covering issues such as infrastructure and environment, management and operation and legal aspects.

The cooperation agreement also covers mutual promotion of Indian and Panamian ports and cooperation in technical and maritime training and enhancing friendly relationship through social interaction between the two countries.

''Interaction between the maritime community of the two countries will help in gaining insights into various aspects of maritime administration and development, particularly, in the context of the ongoing works for the Sethusamundram Ship Channel Project,'' the spokesperson said.

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