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India-South Korea sign five MoUs

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India-South Korea sign five MoUs

Minister for Science & Technology, Dr. Harsh Vardhan, and the South Korean Minister for Science & ICT, You Young-Min signing the Memorandum of Understanding on Science & Technology, in New Delhi on 9 July 2018.

 

India can lead the newly industrialising countries in developing and adopting affordable technologies, Minister for Science & Technology, Dr Harsh Vardhan has said.

Speaking at a Memorandum of Understanding (MoU) signing ceremony between India and South Korea, he said “India can lead the newly industrialising countries in developing and adopting affordable technologies and processes and demonstrate a growth path and low energy consumption pattern that would be more sustainable than that of the industrial countries.”

Korea’s Minister for Science and ICT, You Young Min, appreciated India’s self-reliance in science and technology, especially in the R&D sector.

He pointed out that both countries could bring synergy between Korea’s strong manufacturing base and India’s pre-eminence in basic sciences and software sector.

India and South Korea have signed five MoUs in the field of Science & Technology. and his South Korean counterpart on 9 July 2018.

Three of the MoUs are for (i) Programme of Cooperation 2018-21; (ii) Establishment of Future Strategy Group; (iii) Cooperation in Biotechnology & Bioeconomy.

The MoU on Establishment of Future Strategy Group was signed by Indian Science & Technology and Commerce Ministers, while on the Korean side, it was signed by Science and ICT and Trade Ministers.

Two other MoUs were signed between Council of Scientific & Industrial Research (CSIR), and South Korean National Research Council for Science & Technology and IIT Mumbai and Korea Institute of Science &Technology, to further accelerate future-oriented cooperation in their respective sectors.

The MoUs were signed at the conclusion of the 4th India-Korea Science & Technology Ministers Steering Committee Meeting.
The two Ministers reviewed bilateral S&T cooperation between the two countries since the last meeting of the Steering Committee at Seoul in November 2015.

Both Ministers agreed to establish Indo-Korean Center for Research and Innovation (IKCRI) in India, which will act as the hub for systematic operation and management of all cooperative programmes in research and innovation between the two countries including innovation & entrepreneurship and technology transfer.

The Ministers also agreed to establish a Future Strategic Group, which will build a collaborative platform that can utilize the potential of both the countries towards fostering innovation and create impact which is of social and economic good.

To begin with, both sides will be co-funding collaborative enterprise-led joint R&D projects covering (i) Digital Transformation (ii) Future Manufacturing (iii) Future Utilities and (iv) Health Care.

It was also agreed to jointly establish two additional India-Korea Joint Network Centres in areas among ‘Cyber Physical System- Artificial Intelligence, Internet of Things focused on agriculture, energy, water and transportation and ‘Semiconductor Electronics’.

These centres will leverage existing infrastructure and funding available from the partners on both sides in focused applied research areas, which have potential towards technology development.

In the area of biotechnology, New Delhi and Seoul have agreed to extend cooperation in health and medicine, agro-fishery products developed with the adoption of biotechnology; environment-related challenges and developing environmental and energy sectors through bio-technology, big data biotechnology; bio-research resources; synthetic biology, genome editing and microbiomes, etc.

Minister You Young Min is part of the official delegation accompanying South Korean President Moon Jae-in, who arrived in New Delhi on 8 July 2018 on a three-day visit. fiinews.com

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