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Adani Ports & Special Economic Zone Ltd (APSEZ) signed a memorandum of understanding ( MoU) with Belgian Port of Zeebrugge,to act as a strategic entry port for the lucrative European market.
The MoU will help enhance movement of traffic to and from APSEZ into Europe and beyond,stated a release from the company. The MoU was signed in Mumbai during visit of a Belgian business delegation led by Princess Astrid.
The MoU also enables sharing of technical know-how between the two port developers. APSEZ will now collaborate with the Belgian port to explore joint business opportunities between the two ports along with other forms of trade,shipping,railway infrastructure across India and Europe.