Cabinet approves MoU between India and Austria

The cabinet has approved the signing of an MoU between the Ministry of Road Transport and Highways (MoRTH) and the Federal Ministry of Transport, Innovation and Technology, Austria, for technological cooperation in road infrastructure. The MoU aims to create an effective framework for bilateral cooperation in the field of road transportation, road/ highway infrastructure development, management and administration, road safety and intelligent transport systems between the countries. The Indo-Austrian bilateral cooperation in the road transport sector would be beneficial both from the perspective of enhanced road safety as well as attractive financing options for the sector.