Dredging Corporation, Colombo Dockyard sign MoU for maritime cooperation
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The Dredging Corporation of India and Colombo Dockyard have signed a Memorandum of Understanding for maritime cooperation. The agreement is expected to benefit both countries, with Colombo Dockyard gaining from India's enhanced business volumes and the Indian maritime sector leveraging Colombo Dockyard's high skill set.
The Dredging Corporation of India and Colombo Dockyard signed a Memorandum of Understanding for maritime cooperation. Indian High Commissioner to Sri Lanka Santosh Jha witnessed the signing. The agreement will provide a pathway for Colombo Dockyard to benefit from India's enhanced business volumes. The Indian maritime sector will also benefit from Colombo Dockyard's high skill set. This cooperation showcases the strengthening of the India-Sri Lanka economic and commercial partnership. Sri Lanka has acknowledged India's support in maintaining fuel supplies during a period of global uncertainty.
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