The Union Cabinet chaired by the Prime Minister Narendra Modi has given its
ex-post facto approval to the Agreement between India and Cyprus on Merchant
Shipping, which was signed in April 2017.
The Agreement in Merchant Shipping will pave the way for cooperation and 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 otherís vessels.