India and Austria inks MoU on Technology Cooperation

The Ministry of Road Transport and Highways (MoRTH) signed a Memorandum of Understanding (MoU) with the Federal Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology of the Republic of Austria on Technology Cooperation within the Road Infrastructure Sector. The MoU will additional strengthen ties, promote long-standing bilateral relations and improve commerce and regional integration between the 2 international locations.

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About the MoU:

  • The MoU goals to create an efficient framework for bilateral cooperation within the discipline of street transportation, street/highways infrastructure improvement, administration and administration, street security and clever transport techniques between each international locations.
  • The Indo-Austria bilateral cooperation within the street transport sector could be helpful each from the angle of enhanced street security in addition to engaging financing prospects for the sector, thus fostering and intensifying the already good relations between the 2 international locations, by this MoU within the transport sector.

Important takeaways for all aggressive exams:

  • Austria Capital: Vienna.
  • Austria Currency: Euro.
  • Austria President: Alexander Van der Bellen.

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