India, Singapore Sign MoUs on Digital Technology and Semiconductor Cooperation



India, Singapore Sign MoUs on Digital Technology and Semiconductor Cooperation
India and Singapore have signed four Memorandums of Understanding (MoUs) in the areas of digital technologies, semiconductors, healthcare cooperation, and skill development, enhancing the partnership between the two countries. During his visit to Singapore, Prime Minister Narendra Modi was welcomed with a ceremonial reception upon his arrival at Parliament House.
Prime Minister Modi met with his Singaporean counterpart, Lawrence Wong, and the two delegations engaged in bilateral discussions, culminating in the signing of the MoUs. The first MoU was signed between India's Ministry of Electronics and Information Technology and Singapore's Ministry of Digital Development and Information, aimed at fostering collaboration in the area of digital technologies.
It will facilitate 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. The MoU will further enable cooperation for upskilling and reskilling of workers relating to the digital domain under the ambit of this MoU.
Another MoU was signed between India's Ministry of Electronics and Information Technology and Singapore's Ministry of Trade and Industry, focusing on the India-Singapore Semiconductor Ecosystem Partnership. This agreement will promote collaboration between the two countries in the development of semiconductor clusters, as well as the nurturing of talent in semiconductor design and manufacturing.
Notably, Singaporean companies, which are part of global semiconductor value chains are keen to invest in India. Dialogue mechanisms set under this MoU will facilitate their investments in India. The third MoU was signed between India's Ministry of Health and Family Welfare and Singapore's Ministry of Health 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 sectors. It will complement New Delhi's efforts to promote Indian healthcare professionals in Singapore.
India's Ministry of Skill Development and Entrepreneurship and Singapore's Ministry of Education also signed an MoU focused on educational cooperation and skills development. The agreement seeks to enhance collaboration in technical and vocational education and training. With both nations already actively working together in the field of skill development, this MoU will further support and strengthen ongoing initiatives.
Earlier, Prime Minister Modi signed the visitor's book at Parliament House. Both PM Modi and Singapore Prime Minister Lawrence Wong met with ministers and delegates from each other's nations. Prime Minister Modi, who arrived in Singapore on Wednesday, has a series of engagements scheduled during his visit to the city-state.