India, UK ink MoU on trade, investment

ANI | Updated: Apr 19, 2018 10:38 IST

London [United Kingdom], April 19 (ANI): India and the United Kingdom (UK) have announced a wide range of Memorandums of Understanding (MoU) and agreements across technology, trade and investment.

Both the countries have agreed to an overarching cyber-relationship framework. A framework for the UK-India Cyber Relationship, committing to a free, open, peaceful and secure cyberspace; and cooperation in exchange of information and strategies for effective cyber security incident management and threat response.

A MoU on cooperation and exchange of information for the purposes of combating international criminality and tackling serious organised crime, to establish a mechanism for the exchange of criminal records, immigration records and intelligence.

A MoU to strengthen institutional cooperation in the field of sustainable urban development, to include business engagement, programme and project design, access to finance, knowledge exchange and research and innovation, to build on existing cooperation on the Smart Cities Mission.

A MoU for cooperation in sustainable management of water resources in the Ganga Basin through collaborative programmes of research, innovation and policy exchange between the National Mission for Clean Ganga, India, and Natural Environmental Research Council, UK

A MoU on skill development, vocational education and Training to promote collaboration and capacity-building.

A MoU to enhance cooperation on livestock husbandry, fisheries and agro-forestry.

An addendum to the Newton-Bhabha MoU to extend cooperation to include joint research in humanities and social sciences was also agreed upon.

An arrangement between the Atomic Energy Regulatory Board of India and the Office for Nuclear Regulation of Great Britain for information exchange and cooperation on the regulation of safe nuclear energy use for peaceful purposes.

A Statement of Intent has been signed to explore technology co-operation in areas such as electric vehicles, AI, FinTech, and advanced manufacturing, as well as utilizing AI, big data and analytics capability for evidence-based policy making, between the National Institute for Transforming India (NITI Aayog), India, and UK Department of Business, Energy and Industrial Strategy.(ANI)