World

Canada, Czech Republic sign defence cooperation MOU

Feb 16, 2024

Ottawa [Canada], February 16: Canada and Czech Republic signed a defence cooperation memorandum of understanding (MOU), Canada's National Defence said on Thursday.
The MOU outlines how the two countries will work collaboratively to strengthen cooperation in bilateral and multilateral training, military education, defence research and technology, and mutual logistics research, the ministry said in a news release.
It will also enable Canada and Czech Republic to work together more closely in supporting Ukraine, the release said.
During this important moment for Euro-Atlantic security, Canada is working closely with NATO Allies and international partners to provide and coordinate comprehensive military assistance for Ukraine, the release added.
Source: Xinhua

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Synergy Steels Celebrates India's Affordable Housing Surge, Paving the Way for Stainless Steel Demand

New Delhi [India], December 27: Synergy Steels, one of India's leading stainless-steel manufacturers, commends the remarkable growth forecast in the real estate and infrastructure development sectors. According to the joint report by The Confederation of Indian Industry (CII) and Knight Frank, India's urban centers are projected to require 22.2 million housing units, with 95.2% focused on the affordable housing segment. This demand is driven by urbanization and increasing employment possibilities. This helps promote a favorable environment for stainless steel to expand its base from the core areas of application into emerging ancillary areas such as construction and infrastructure development. These industries remain pivotal in driving demand for stainless steel, reinforcing its role in India's growth trajectory.

Dec 27, 2024