Road Transport Ministry signs MoU with Austria for the Tech Coop in Road Infrastructure
Road Transport Ministry signs MoU with Austria for the Tech Coop in Road Infrastructure
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MoU between Austria and India aims to create an effective framework for bilateral cooperation in the field of Road Transportation, Road/Highways infrastructure development, management and administration, Road safety and Intelligent Transport Systems between both countries was signed. Ministry of Road Transport and Highways has 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 in the Road Infrastructure Sector. 

The MoU will further strengthen ties, promote long standing bilateral relations and enhance trade and regional integration between the two countries. To be noted, good diplomatic relations exist with Austria since the establishment of bilateral ties between the two countries in 1949. Long term friendly economic and diplomatic relations has been shared between the countries. Austria is the country rich in state of the art technologies for roads and highways, such as electronic toll systems, intelligent transportation systems, traffic management systems, tunnel monitoring system, geo-mapping and landslide protection measures.

Indo-Austria bilateral cooperation in the road transport sector would be beneficial in enhancing road safety as well as attractive financing possibilities for the sector, thus fostering and strengthening the already existing good relations between the two countries, through this MoU in the Transport sector. The MOU was signed by the Additional Secretary, MoRTH K.C. Gupta and the Ambassador of Austria Brigitte Öppinger-Walchshofer. 

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