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Japan and India Sign MoC After Approval from Indian Union Cabinet

The MoC focuses on gaining momentum in ICTs and improve bilateral relations between the two nations

The Global Economics by The Global Economics
October 30, 2020
in Top Stories, Trending
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Japan and India Sign MoC After Approval from Indian Union Cabinet

Japan and India Sign MoC After Approval from Indian Union Cabinet

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A recent memorandum of cooperation (MoC) with India was approved by the Union Cabinet of the country this Thursday to improve the bilateral strategy and cooperation in the Information and Communication Technologies (ICTs).

The fitful progress with India’s commitment to Japan to an “open, interoperable, free, fair, secure, and reliable” technological atmosphere aims at promoting usage of Internet to drive economic growth and innovation. The approval comes amidst the growing cyber attacks on the country by China, after India banned over 100 mobile applications linked with China.

According to an official release from India, the MoC will result in major geopolitical shift from the West to East and will accelerate association in various fields like utilization of wireless technologies and Information and Communication Technologies, 5G network, AI and blockchain, telecom security, submarine cable, cooperation on multilateral platforms, and ICT capacity building. The MoC will also enable India to get into the process of global standardization with improving connectivity from mainland to remoter areas.

Additionally, the collaboration aims at serving as being an important initiative and framework for India as Japan stands out as a partner with special global and strategic partnership position.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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