Nitin Gadkari on Korea visit to strengthen maritime ties

Posted by Daily Shipping Times on 10-04-2018        Tweet

NEW DELHI: Shri Nitin Gadkari, Union Minister of Shipping, Road Transport & Highways and Water Resources, River Development & Ganga Rejuvenation is on an official visit to the Republic of Korea from 9 April 2018.

During the 4 day visit, Shri Gadkari will focus on taking forward the bilateral cooperation between India and Korea in shipping, ports, inland waterways, highways, river interlinking and infrastructure sectors. An Undertaking on Mutual Recognition of Certificate of Competency of sea-farers will be signed during the visit.

Known for maritime technology prowess, Republic of Korea had partnered with the Ministry of Shipping in the Maritime India Summit held in Mumbai during April 2016. This visit will further promote the bilateral cooperation. Shri Gadkari will visit Samsung Heavy industries, Busan Port, National Transport Information Centre in Seoul, and address a business forum on the maritime sector and also a seminar on India- Korea Infrastructure Corporation Forum. An interaction with financial institutions and investors is also scheduled.

The Minister will meet his counterpart, Minister of Ocean & Fisheries and Minister for Land, Infrastructure & Transport and interact with the captains of  RoK trade and industry.

India and RoK have an institutional framework for cooperation through the memorandum of understanding (MoU) for cooperation and mutual assistance to facilitate development of ports, port-related industries and maritime relationship.

The visit of Shri Gadkari is aimed at strengthening ties between the two nations and further cementing cooperation in areas including sharing of technology, experience in port development and operation and joint participation in port-related construction, building and engineering projects of mutual interest amongst others.

FICCI is partnering to organize a coinciding visit of a business delegation from India comprising of firms with business interests in Maritime, Highways and infrastructure sectors.