Thenewsmanofindia.com
WAPCOS Ltd. a “MINI RATNA-I” Public Sector Enterprise under the aegis of the Union Ministry of Water Resources, Ganga Rejuvenation & River Development, signed a Memorandum of Cooperation (MoC) with Financial and Banking Associationof Euro-Asian Cooperation, Russia with the objective of deepening their strong economic and trade relations and taking into account the strengths and advantages of each side, intend to support and coordinate efforts in mutually beneficial fields. The MoC was signed by. R. K. Gupta, Chairman-cum- Managing Director, WAPCOS Ltd. and Oleg Berezovoy, General Director, Financial and Banking Association of Euro-Asian Cooperation.This Memorandum of Cooperation is a result of a business meeting held by Financial and Banking Association of Euro-Asian Cooperation on 23 rd September, 2016 in Moscow with the representatives of the company WAPCOS Ltd. The parties noted the high level of interest in the establishment and development of cooperation, attaching high priority to monitoring trends of development of the global economic and financial system, initiating of international infrastructure projects, and dissemination of efficient technologies. As per the MoC, both Sides intend to cooperate in the exchange of knowledge and to exchange ideas, information and to collaborate on problems and projects of mutual interest by integrating forces to work together in the framework of the Memorandum for the successful solution of the statutory objectives of the sides on a partnership basis.