The Union Cabinet chaired by Prime Minister Sheri Narendra Modi has approved the signing of the Memorandum of Understanding (MoU) between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Economy, Finance and Industrial and Digital Sovereignty of the French Republic on cooperation in the field of Digital Technologies.

Details:

The MoU intends to promote closer cooperation and exchange of information pertaining to the digital technologies and will mutually support each Participant’s goal to promote access to digital Technology in their country in accordance with the MoU.

Major Impact:

Both G2G and B2B bilateral Cooperation in the field of Digital technologies will be enhanced.  MoU envisages improved collaboration leading to employment opportunities in the field of IT.

Implementation strategy and targets:

The cooperation under this MoU will start on the dated of its signature by both Participants and will last five (5) years.

Background:

MeitY has been mandated to promote international cooperation in the emerging and frontier areas of information Technology under bilateral and regional framework of cooperation. In its endeavour to foster international cooperation in the field of digital technologies, MeitY has entered into MoUs/Agreements with counterpart organizations/agencies of various countries on bilateral or multilateral for a. In this changing paradigm, there is an imminent need for exploring business opportunities and attracting investment in the digital sector through such mutual cooperation.

India and France are long-standing strategic partners in the Indo-European region. India and France are committed to nurture a thriving digital eco system and building collaboration that empower their citizens and ensure their full participation in the digital century.

Based on the Indo-French Road map on Cyber security and Digital Technology announced on 2019, India and France are pursuing an ambitious bilateral cooperation on advanced digital technologies, particularly in the fields of supercomputing, cloud computing, Artificial Intelligence and quantum technologies, including in the framework of the Global Partnership on Artificial Intelligence (GPAI).

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DS/SK