June 22, 2012

Canada and India sign road transportation memorandum of understanding

OTTAWA

Canada and India recently signed a Memorandum of Understanding (MOU) to enhance cooperation in road transportation and create new opportunities for Canadian businesses.

The purpose of this MOU is to establish a long-term partnership that provides for the exchange of information on road safety and highway management, as well as intelligent transport systems.

The MOU also aims to facilitate partnerships between key private and public sector stakeholders and raise awareness of infrastructure investment opportunities in Canada and India.

“The MOU between Canada and India recognizes our common goals of promoting safe, efficient, cost-effective and integrated road transportation systems,” said Denis Lebel, Minister of Transport, Infrastructure and Communities, and Minister of the Economic Development Agency of Canada for the Regions of Quebec, in a statement.

“It represents an important step towards deeper bilateral relations and demonstrates our government’s continued commitment to build stronger ties with an important trading partner and key international market.”

Lebel and C.P. Joshi, Minister for Roads and Highways, India, signed the MOU at the 15th annual conference and general meeting ITS Canada, recently held in Quebec City.

This event provides an opportunity to discuss developments and deployments in the field of intelligent transportation technology.

DCN NEWS SERVICES

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