India, South Korea sign MoU in fields of Science and Technology, Commerce

New Delhi, July 10: In a bid to accelerate future-oriented cooperation in their respective sectors India and South Korea and Monday signed five MoUs in the field of Science and Technology and Commerce.

 

The five MoUs are Programme of Co-operation 2018-21, Establishment of Future Strategy Group, Cooperation in Biotechnology and Bioeconomy, Council of Scientific and Industrial Research (CSIR), and South Korean National Research Council for Science and Technology and IIT Mumbai and Korea Institute of Science and Technology.

The three MoUs were signed by Science and Technology Minister Dr Harsh Vardhan and his South Korean counterpart You Young Min. The two other MoUs were signed by Commerce Minister Suresh Prabhu and ICT and Trade Minister of South Korea Kim Hyun-Chong at the conclusion of the 4th India-Korea Science & Technology Ministers Steering Committee Meeting.

In his opening remarks, Dr Harsh Vardhan said, “India can lead the newly industrializing 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.”

On the other side, You Young Min appreciated India’s self-reliance in science and technology, especially in the Research and Development sector and said that both the countries could bring synergy between Korea’s strong manufacturing base and India’s pre-eminence in basic sciences and software sector.

The two Ministers also 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 an 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.

Both countries renewed the Programme of Cooperation in the field of Science and Technology for 2018-21 to augment the cooperation in Science, Technology and Innovation.

Importantly, You Young Min is part of the official delegation accompanying South Korean President Moon Jae-in, who arrived in New Delhi on Sunday on a three-day visit.