New Delhi, Feb. 10 -- A Memorandum of Understanding (MoU) on cooperation in logistics and infrastructure development between the Department for Promotion of Industry and Internal Trade (DPIIT) and the Korea Transport Institute (KoTI), Republic of Korea (RoK) was signed on Monday at the Sejong National Research Complex, South Korea.

The arrangement was signed by Youngchan Kim, President of KOTI, and Amit Kumar, Ambassador of India to the Republic of Korea.

The MoU will enhance cooperation in logistics and infrastructure development, leveraging KOTI's expertise to support India's ambitious infrastructure initiatives.

Joint working meetings will be held for taking the initiative forward.

Further, the MoU will establish a comprehensive me...