India, South Korea have signed pact for developing ports

Q.  India and South Korea have signed a pact for developing _______ on 14th April 2016.
- Published on 15 Apr 16

a. Ports
b. Roads
c. Inland waterways
d. None of the above

ANSWER: Ports
 
India and South Korea have signed an MoU for cooperation and mutual assistance in the development of ports. This MoU was signed during the Maritime India Summit 2016. MoU is for cooperation and mutual assistance between India and Korea in port related issues -
  • MoU is expected to facilitate development of ports, port related industries and maritime relationship
  • Cooperation will be enhanced in the tasks of sharing of technology, experiences and relationships in the maritime sector
  • MIS is a maiden flagship initiative of the Shipping Ministry; it seeks to provide a unique platform for participants

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