India has entered into MoUs and agreements on maritime transportation with 34 countries: Sonowal - BusinessLine

India has signed agreements and MoUs with 34 countries on maritime transport and cooperation, along with recognition of certificates of seafarers with 40 countries, according to Union Minister Sarbananda Sonowal. He highlighted India's active participation in multinational maritime forums and urged ambassadors to promote investment opportunities in the domestic maritime sector. Sonowal emphasized the potential for economic transformation through robust international trade relations and mentioned the upcoming Global Maritime India Summit 2023. With India's maritime sector open to 100% FDI, there are opportunities for collaboration in cruise tourism, shipbuilding, and maritime education.

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