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Published by the Press, Information & Culture Wing, Embassy of India |
In this Issue Opinion Feature: Interview - Jaswant Singh, External Affairs Minister
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India - US Joint Statement January 31, 1999 INDIA AND FRANCE SIGN PROTOCOL OF INTENT FOR COOPERATION IN THE ROAD SECTOR India and France signed a protocol of Intent in the road sector here today for joint efforts to promote greater cooperation in the road sector between the two countries. The protocol was singed by the Secretary in the Ministry of Surface Transport, Shri R. Vasudevan and Mr. J,Y. Perrot in the presence of the Minister of Surface Transport, Dr. M. Thambi Durai and his French counterpart Mr. Jean Claude Gayssot. The protocol also seeks to encourage growth of investment and joint-venture in the road sector between Indian and French firms apart from exchange of information between the two countries' administrations and companies. During the Indo-French Bilateral Economic Joint Committee Meeting earlier in the day, it was decided to set up a working group on transport. Under the Protocol of Intent both the countries would exchange information at Government as well as specialists level in the field of road techniques. Both the countries would also share information on delegated management of infrastructure concessions. The protocol will seek to promote and develop relations between enterprises (consultancy and engineering companies in the field of roads, manufacturers of equipment, materials and consumables producers for this section ) with the purpose of arriving at industrial co-operation agreements and transfer of technology. Priority will be given under this protocol to financing and management of road infrastructure, maintenance of roads (roadways and civil engineering structures): inspection, programme planning and works and Electronic Collection of Tolls (E.T.C.) and information on road users. Both the countries decided to set up a coordination committee in New Delhi consisting of representatives from the Ministry both Surface Transport on the Indian side, and the Head of the Economics, Trade and Finance Commission, and the commercial Counsellor of the French Embassy in New Delhi on the French side. The Coordination Committee would meet regularly every six months. Other partners could be associated with the events, according to the wish of the Committee members. |