Thursday, January 03, 2008

Full steam ahead... to South Africa, Brazil and beyond

A fast globalising India is all set to chart new directions in the maritime world, too, and bolster the country’s fast expanding trade activities. The Ministry of External Affairs (MEA) has given the green signal to the Ministry of Shipping, Road Transport and Highways (MSRTH) to proceed with the proposal for a shipping line between India, Brazil and South Africa. With this, the Department of Shipping now expects to enter into a Memorandum of Understanding (MoU) with the South African government to set up shipping services between the two countries in the next couple of months.

The Indian Express
http://www.indianexpress.com/story/256153.html

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