India, China sign MoU to develop railways

India signed a pact with China to enhance mutual technical co-operation between the two Asian countries in the field of railways, an official statement said. Under the memorandum of understanding, both the countries will enhance mutual co-operation across various areas of rail technology including high speed rail, heavy haulage and station development, ministry said a statement. Railway Board chairman Vinay Mittal signed the MoU with Wang Zhiguo, China’s vice minister of railways. The MoU will remain in force for 5 years. The two sides will undertake exchange of information on policies, training and exchange programmes and site visits.