Ottawa—The Canadian and Indian governments signed a memorandum of understanding (MOU) in a bid to enhance cooperation in road transportation and create new business opportunities.
The purpose of the new MOU, according to Transport Canada, is to establish a long-term partnership between the two nations for the exchange of information on road safety, highway management and intelligent transport systems.
It’s also aimed at raising awareness for infrastructure investment opportunities in Canada and India, as well as facilitating partnerships between private and public sector stakeholders.
Transportation Minister Denis Lebel said in a statement the MOU “represents an important step towards deeper bilateral relations” between Canada and India.
Lebel and Minister for Roads and Highways, India, Dr. C.P. Joshi signed the MOU at the 15th annual Intelligent Transportation Systems Society of Canada (ITS) conference and general meeting in Quebec City.