Cabinet approves MoU between India and Maldives for Shipping

Decisions taken by the Union Cabinet

·         Cabinet approves MoU between India and Maldives for Shipping

The Union Cabinet has given ex-post facto approval for the MoU between India and Maldives for the establishment of passenger and cargo services by sea, which was signed on June 8, 2019 during the visit of Hon’ble Prime Minister of India to Maldives. With a view to harness the potential opportunity that lies in passenger and cargo transportation by sea between the two countries, this MoU with Maldives has been signed. The proposed ferry service would contribute in a big way to promote people to people contact and to boost bilateral trade.

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