{"id":38201,"date":"2016-03-03T15:16:48","date_gmt":"2016-03-03T09:46:48","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=38201"},"modified":"2016-03-10T12:20:56","modified_gmt":"2016-03-10T06:50:56","slug":"memorandum-of-understanding-signed-between-india-and-sweden-on-technical-cooperation-in-rail-sector","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/03\/03\/memorandum-of-understanding-signed-between-india-and-sweden-on-technical-cooperation-in-rail-sector\/","title":{"rendered":"Memorandum of Understanding signed between India and Sweden on Technical Cooperation in Rail Sector"},"content":{"rendered":"<p style=\"text-align: justify;\">On February 15, 2016, a Memorandum of Understanding (MoU) \u00a0has been signed between Ministry of\u00a0 Railways and the Ministry of Enterprise and Innovation of the Kingdom of Sweden on Technical Cooperation in Rail Sector. MoU was signed by Mr. Girish Pillai, Adviser \/ Infrastructure on behalf of \u00a0Ministry of Railways and Mr. Oscar Stenstrom, State Secretary on behalf of Swedish government.<\/p>\n<p style=\"text-align: justify;\"><strong>Following cooperation areas are identified in the MoU:<\/strong><\/p>\n<p style=\"text-align: justify;\">(a)\u00a0Benchmark Railways policy development,\u00a0regulations, organization and specific characteristics for each country.<\/p>\n<p style=\"text-align: justify;\">(b)\u00a0Exchange of knowledge, technical expertise, innovation, technology, sustainable solutions and research.<\/p>\n<p style=\"text-align: justify;\">(c) Other cooperation projects agreed between the participants, such as, tilting coaches\/trains, capacity allocation (time tabling) and optimisation of maintenance and improved freight\/combination traffic.<\/p>\n<p style=\"text-align: justify;\">(d)\u00a0Training and continuing education program in reliability and maintenance of\u00a0Rail transport system for Railway engineers and managers.<\/p>\n<p style=\"text-align: justify;\">\u00a0The main objectives of MoU is to develop cooperation activities in the Railway area to promote efficiency and sustainability and achieve concrete results with regard to bilateral trade, investment, research and technology transfer. Itwill remain in force for 5 years from the date of signing. It can be extended for a further period of 5 years with the written consent of both sides.<\/p>\n<p style=\"text-align: right;\">-Press Information Bureau<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 15, 2016, a Memorandum of Understanding (MoU) \u00a0has been signed between Ministry of\u00a0 Railways and the Ministry of Enterprise and <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,8],"tags":[],"class_list":["post-38201","post","type-post","status-publish","format-standard","hentry","category-news","category-treaties_conventions_internationalagreements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Memorandum of Understanding signed between India 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