Saudi Arabia, India Ink Cooperation Agreement on Digital Economy
A cooperation agreement on digitization and electronic manufacturing was inked with India by the Saudi Arabian Ministry of Communications and Information Technology.Minister Abdullah Al-Swaha and Ashwini Vaishnaw, India's Minister for Railways, Communications, Electronics, and Information Technology, both signed the agreement.
The agreement aims to strengthen Saudi Arabia's and India's partnership in digital research and innovation as well as the use of new technologies. It also aims to increase Saudi Arabia and India's cooperation in the areas of e-health, e-learning, and digital infrastructure. Through the deal, Saudi Arabia hopes to strengthen its position as a regional center for innovation and technology as well as a desirable location for foreign investment.
The agreement will also work to develop strategic alliances that support the Kingdom's objectives in this area and innovation as well as the expansion of the digital economy. According to SPA, these initiatives help Saudi Arabia realize its Vision 2030.
Al-Swaha also met with his Japanese counterpart Kono Taro while in India to talk about potential for investment and cooperation in the digital economy. In a separate meeting, Governor Ahmed bin Mohammed Al-Suwayan of the Digital Government Authority spoke with representatives of the European Commission about measures to strengthen Saudi Arabia and the European Union (EU) cooperation in the digital economy.