OREANDA-NEWS. September 07, 2012. At present Memorandum of Undertaking (MoU) exists with Belgium and Austria. MoU has been signed with the Federal Public Service for Mobility and Transport of Kingdom of Belgium to ascertain general principles and cooperation between Indian and Belgian Railways for effective development and modernization of Railway sector of both the countries. The cooperation programme, inter alia, includes consultation and exchange of relevant information and services of cooperation for modernization of railway stations and railway infrastructure.

 MoU with Federal Ministry for Transport, Innovation and Technology of the Republic of Austria has been signed for technology-specific cooperation in the field of Railways.

 Projects to be developed under these MoUs have not been identified yet. Steering and working groups have been established to finalize broad modalities of the proposed agreement with Belgium and to work out the details for the same. Similar arrangements would be made with Austria.