India and China Sign MoU on Railway Sector
India and China today, among others, signed an MoU on Technical Cooperation in Railway Sector. The signatories to the MoU were Mr. Vinay Mittal, Chairman,
Railway Board, Ministry of Railways, Government of India and Mr.Wang Zhiguo, Vice Minister, Ministry of Railways, Govt. of the Republic of China.
Under the MoU, both the countries will enhance mutual cooperation across various areas of rail technology including High Speed Rail, Heavy Haulage and Station Development. The two sides will, inter-alia, undertake exchange of information on policies, training and exchange programmes, site visits, joint symposiums etc. Both sides have also agreed that future cooperation on railways between the two countries will be carried under the Infrastructure Working Group constituted under the India-China Strategic Economic Dialogue.
The MoU will remain in force for 5 years from the date of signing.