India, South Korea to boost IT cooperation

Wednesday, 06 October 2004, 19:30 IST
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NEW DELHI: India and South Korea Monday agreed to promote cooperation in the information technology field hours after South Korean President Roh Moo-Hyun began a three-day state visit to this country aimed at expanding bilateral economic and trade ties. Communications and Information Technology Minister Dayanidhi Maran and his South Korean counterpart Daeje Chin, a member of Roh's entourage, signed a joint statement envisaging increased investment flow from South Korea to India's information and communication technology (ICT) hardware sector. South Korea, which is the fifth largest investor in India, is a leading player in the country's automobile and electronic markets with top brands like Hyundai automobiles and Samsung and LG television becoming household names. The two sides recognized each other's strength - India's in software and South Korea's in hardware - and agreed to jointly work for mutual benefit. They also agreed to cooperate in the development of technology and human resources in the software sector, next-generation ICT industry, mobile communications and research networks, broadband infrastructure, e-governance, digital signature and cyber emergency response team (CERT). Promotion and facilitation of joint research, exchange of experts and professionals, encouragement of liaison with other government agencies, industrial, academic and professional organisations are other potential areas identified for cooperation. Another agreement was to organise technical exhibitions, seminars, symposiums and to have the India-Korea IT Cooperation Committee meetings on regular basis.
Source: IANS
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