India, Singapore sign MoUs in digital technology, semiconductors

India and Singapore signed four Memorandums of Understanding (MoUs) in the fields of digital technology, semiconductors, health cooperation and skills development, which will further strengthen cooperation between the two countries.

Prime Minister Narendra Modi, who is on a visit to Singapore, reached Parliament House on Thursday, where he/she was formally welcomed.

he/she met his/her Singaporean counterpart Lawrence Wong and bilateral meetings were held between the two delegations, following which MoUs were signed.

The first MoU was signed between the Ministry of Electronics and Information Technology of India and the Ministry of Digital Development and Information of Singapore for cooperation in the field of digital technologies.

This will promote closer cooperation between India and Singapore in the areas of digital technologies such as DPI, cyber security, 5G and emerging technologies such as super-computing, quantum computing and artificial intelligence.

This MoU will further enable collaboration for upskilling and reskilling of workers related to the digital domain.

The Ministry of Electronics and Information Technology of India and the Ministry of Trade and Industry of Singapore signed another MoU on India-Singapore Semiconductor Ecosystem Partnership.

Under this agreement, India and Singapore will cooperate in the areas of development of semiconductor clusters, talent development in semiconductor design and manufacturing.

It is noteworthy that Singapore companies, which are part of the global semiconductor value chains, are keen to invest in India. The dialogue mechanism established under this MoU will facilitate their investments in India.

The third MoU was signed between the Ministry of Health and Family Welfare of the country and the Ministry of Health of Singapore on cooperation in the field of health and medicine.

This agreement will facilitate joint efforts on research and innovation in areas of mutual interest.

The MoU also aims to promote closer cooperation in the areas of human resource development in the healthcare and pharmaceutical sector. It will complement New Delhi’s efforts to promote Indian healthcare professionals in Singapore.

In addition, the Ministry of Skill Development and Entrepreneurship of India and the Ministry of Education of Singapore also signed a Memorandum of Understanding on Educational Cooperation and Skills Development.

The objective of this agreement is to promote close cooperation in the fields of technical and vocational education and training.

India and Singapore have been actively collaborating in the area of ​​skills development. This MoU will complement those ongoing initiatives.

Earlier, Prime Minister Modi also signed the visitor’s book at the Parliament House.

Prime Minister Modi and Prime Minister of Singapore Lawrence Wong met ministers and representatives of each other’s countries.

Prime Minister Modi, who reached Singapore on Wednesday, will participate in several programmes there today.