Indian Government ratify an international convention on scrapping

Indian Government pledge on recycling convention ratification on scrapping in a move prompted by negotiations with Japan. India and Japan made the commitment to ratify the International Maritime Organization (IMO) Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). Hong Kong International Convention requires the support of countries representing a proportion of world shipbreaking capacity to enter into force. Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC)’s lack of support of recycling nations like India always has been viewed as a possible stumbling block. Indian Government’s ratification will be representing more than 50% of the level required. Japan is promising significant overseas development assistance to upgrade India’s recycling industry on the condition India ratifies the Hong Kong International Convention HKC.