Cabinet approves agreement between India and Cyprus

Cabinet approves agreement between India and Cyprus on Merchant Shipping

Question: Cyprus is located in …
(a) Mediterranean Sea
(b) Atlantic Ocean
(c) Ionian Sea
(d) Pacific Ocean
Ans: (a)

  • On June 7, 2017, the Union Cabinet chaired by Prime Minister Narendra Modi gave its ex-post facto approval to the Agreement between India and Cyprus on Merchant Shipping.
  • This agreement was signed in April 2017.
  • The Agreement in Merchant Shipping will pave the way for cooperation in eliminating any hindrances which may hamper the development of sea trade between the two nations.
  • The MoU will encourage participation in the transport of goods between the countries, and also from third countries.
  • The MoU further seeks to enhance cooperation for employment, improvement of conditions of work and for the welfare of seafarers employed on each other’s vessels.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=164474