Cabinet apprised of the MoU between India and Republic of Korea on the cooperation in the field of railways

Cabinet apprised of the MoU between India and Republic of Korea on the cooperation in the field of railways

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on the cooperation between Research Designs and Standards Organisation (RDSO), India and Republic of Korea Railroad Research Institute (KRRI) to strengthen and promote scientific and technical cooperation in the field of railways.  The MoU was signedon 10thJuly 2018.

Impact:

The MoU will provide a platform for Indian Railways to interact and share the latest developments and knowledge in the railway sector with its Korean counterpart. It will facilitate exchange of technical experts, reports and technical documents, training and seminars/ workshops focusing on specific technology areas and other interactions for knowledge sharing.

Details:

The MoU will provide a framework of cooperation for focused approach in following key areas:-

1. Planning and execution of Joint research for the mutual interests;

2. Co-operation in setting up of latest railway R&D facilities in India;

3. Planning and execution of Technical seminar or forum;

4. Short Term Training Programme for RDSO personnel by KRRI;

5. Exchange Programme of Personnel between KRRI & RDSO for limited period, for specific Projects;

6. Consultancy for the development of railway industry of both the countries; and

7. Any other form of cooperative activities agreed upon by the Parties.

Background:

Ministry of Railways have signed MoUs for technical cooperation in the Rail sector with various foreign Governments and National Railways. The identified areas of cooperation include high speed corridors, speed raising of existing routes, development of world class stations, heavy haul operations and modernization of rail infrastructure, etc. The cooperation is achieved through exchange of information on developments in areas of railways technology & operations, knowledge sharing, technical visits, training & seminars and workshops in areas of mutual interest.

Source: PMINDIA