India and South Korea are set to boost bilateral ties in ports and shipping space and will sign pact to provide Indian seafarers employment on over 500 Korean ships, Union Minister Nitin Gadkari said today.
Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation Minister Gadkari said both the nations are also eyeing partnerships in shipbuilding, waterways and smart transportation, among others.
“Both the nations will sign an undertaking for mutual recognition of certificate of competency of seafarers. It will be beneficial to both the countries as Korea is a large ship owning nation, while India is a large seafaring nation with over 1.5 lakh seafarers.
“The agreement will facilitate Indian seafarers to work on Korean ships as there is requirement of seafarers. Korean entities as of now own more than 500 foreign going ships,” Gadkari said.
