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Cabinet approved signing of MoU among BRICS Nations on Regional Aviation Partnership
Union Cabinet approved the signing of MoU amongst BRICS Nations on the Regional Aviation Partnership: Details, Aim, Purpose
Union Cabinet chaired by the Prime Minister Narendra Modi on 19 July 2018 approved the signing of Memorandum of Understanding (MoU) amongst BRICS Nations on the Regional Aviation Partnership Cooperation.
The BRICS nations that include are Brazil, Russia, India, China and South Africa.
The MoU main aim is that BRICS countries would benefit from the establishment of an institutional framework to cooperate in the field of civil aviation.
Under the MoU, the areas of cooperation include public policies and best practices in regional services, regional airports, airport infrastructure management and air navigation services, technical cooperation between regulatory agencies, innovation, environmental sustainability including deliberation of global initiatives and qualification and training.
The MoU represents an important landmark in the civil aviation relations between India and the other BRICS Member States and has the potential to spur greater trade, investment, tourism and cultural exchanges amongst the BRICS Nations.
