India and Egypt to sign agreement on maritime sector soon

Will assist in exchanging and training of staff and students from various maritime establishments

To strengthen cooperation and to render sustained mutual assistance and advice on merchant shipping, India and Egypt would sign an agreement on maritime transport soon.

The agreement will help, both countries to encourage and facilitate the development of their maritime relationship and cooperate in the task of enhancing and stimulating steady growth of maritime traffic.

It will also assist in exchanging and training of staff and students from various maritime establishments, exchange-of information necessary for accelerating and facilitating the flow of commercial goods at sea and at ports, establishment of joint ventures in the fields of maritime transportation, shipbuilding and repairs, maritime training, information technology including development of simulators, port facilities and related maritime activities, etc

The decision on the signing of the agreement was taken in the cabinet meeting held here today.