India Okays Shipping Agreement with Jordan

Business & Finance

India’s government has approved the signing of a shipping agreement with Jordan to strengthen the cooperation between the two countries, and to provide sustained mutual assistance and advice on merchant shipping and other related maritime matters.

India’s Union Cabinet chaired by the Prime Minister Shri Narendra Modi said that there was a significant mutual benefit that can be derived from cooperation in the area of shipping between the two countries.

The agreement is expected to help both countries in encouraging and facilitating development of their maritime relationship and cooperation in the task of enhancing and stimulating steady growth of maritime traffic.

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