New April 10 (IANS) India on Tuesday signed an MoU with South Korea on mutual recognition of certificates of competency of seafarers an official statement said here.
The agreement was signed by Shipping Minister Nitin Gadkari and his Korean counterpart Kim Young-choon at a ceremony in Busan a large port city in South Korea.
It paves way to the two governments to mutually recognise the certificates of maritime education and training competency endorsements and medical fitness of seafarers issued by each other the Shipping Ministry statement said.
"Korea is a large ship owning nation. As of now Korean entities own more than 500 foreign going ships and need seafarers to work on their fleet. India has around 1 54 349 seafarers. The agreement will open up employment opportunities for Indian seafarers on Korean ships " it said.
On the occasion Gadkari who is on a four-day visit to Korea since Monday said the agreement will benefit both countries.
On the second day of his official visit Gadkari held bilateral meeting with the South Korean Oceans Minister Kim Young-choon.
He also visited Busan Port and attended India-Korea Maritime Cooperation Forum.
Gadkari s visit is aimed at strengthening the bilateral cooperation between the two countries in shipping ports inland waterways highways river interlinking and infrastructure sectors.
--IANS
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