The Union Shipping Minister GK Vasan has said on November 27 that the government is making continuous efforts to attract investment in the ports sector for augmentation of freight.
Vasan said that Belgium is India’s second largest trading partner with more than 150 Belgian companies in India with interests in dredging, chemicals, engineering goods, electronics and software etc.
The Minister was speaking at a meeting with a high level Belgian delegation in Mumbai. Vasan said that in the maritime sector, India and Belgium have signed a Memorandum of Understanding (MoU) in 1997 which is now extended upto 2015.
An official statement said that the visiting Belgian delegation comprises over 300 members and includes Princess Astrid of Belgium, the Federal Deputy Prime Minister Didier Reynders, the Minister of Foreign Affairs, Foreign Trade and European Affairs among others.
India and Belgium have sister port agreements for sharing of information on port infrastructure development and operation and service improvement. Presently, Chennai Port with Port of Zeebrugge and JN Port and Mumbai Port with Antwerp Port Authority have sister port agreements, the statement said.
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