labels: economy - general, infrastructure - general, roads
India to sign pact with Finland for road transport news
17 October 2006


Mumbai:
India will sign an agreement with Finland to enhance cooperation in the field of road transport. The decision was taken at a meeting of the union cabinet, information and broadcasting minister P R Dasmunshi said.

The memorandum of cooperation would be signed during the visit of the road transport minister T R Baalu to Finland during November 1-2, he told reporters.

Finland is among the world's leading countries in road safety standards and the agreement would be useful in improving the technical and managerial skills in handling highway construction and maintenance projects, he said.

Finland has also made great progress in controlling greenhouse gas emissions that contribute to the climate change. Greenhouse gases include carbon dioxide, nitrous oxide and methane. From the 2002 level of 16.3 per cent of all greenhouse gases coming from the transport sector, Finland aims at limiting this to 1990 levels by years 2008-2012.

Finland is a signatory to the Kyoto Protocol and has joined emissions trading within the European Union beginning of 2005, with a view to reducing emissions in areas where it is the most cost-efficient.

 


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India to sign pact with Finland for road transport