India, Finland signs MoC on road transport

New Delhi, May 11 (ANI): India and Finland have signed a Memorandum of Cooperation (MoC) in the field of Road Transport.

The memorandum was signed by Union Road Transport and Highways Minister Kamal Nath and his Finnish counterpart Anu Vehvildinen at Helsinki on Monday.

The MoC envisages exchange of information between road transport and road construction officials and experts of the two countries especially in the fields of highways and roads construction, operation and maintenance and planning and information management system for road administration.

The two countries also intend to promote and develop business relations between consultancy and engineering companies in the field of roads, manufacturers of equipment, material and other products for the sector to arrive at industrial cooperation agreements and transfers of technology.

Under the MoC an Indo-Finnish Joint Working Group (JWG) has been established by the two countries to promote and activate the institutional cooperation.

It is hoped that the MoC will help both the countries discover new ways of learning from each other's experiences in the roads and highways sector.

Kamal Nath informed his Finnish counterpart about the priority India is giving to improving its road safety record and also briefed her about the introduction of the bill on road safety and raffic management board in the Parliament last week. (ANI)