India, Slovak ink MoU on technical cooperation in Railway Sector
India and Slovak Republic have signed a Memorandum of Understanding (MoU) on technical cooperation in railway sector.
The MoU was signed between Union Ministry of Railways and the Ministry of Transport, Construction and Regional Development of the Slovak Republic.
It was signed in New Delhi by Ganga Ram Agarwal, Secretary, Railway Board and Ambassador of Slovak Republic to India Zigmund Bertok.
In the MoU potential cooperation areas mentioned are:
- Infrastructure building, station development and management and workshop modernisation.
- Information & communication technologies (ICT) especially for passenger amenities.
- Modernisation of rolling stock.
- Modernisation of Signaling & Telecom.
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.