[PRESS RELEASE]: “INDIA AND GERMANY TO DEEPEN BILATERAL COOPERATION ON CYBER INFRASTRUCTURE THROUGH SHARING EXPERTISE, PROVIDING TECHNICAL ASSISTANCE, AND FOREIGN DIRECT INVESTMENT”

2017-03-23 (3)

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Thursday, April 6th, 2017

India and Germany held a bilateral agreement on enhancing Cyber Infrastructure in India on Thursday, April 6th, 2017, at Audio Visual Room, Faculty of Social and Political Science Building, Parahyangan Catholic University. The agreement was first initiated by India in order to develop their infrastructure.

The bilateral agreement between India and Germany has resulted in a deeper cooperation by sharing expertise, providing technical assistance, and expanding business through investment or foreign direct investment. The representative of Germany said that India has a lot of potentials starting from its natural resources and human resources to be explored more. In the other hand, India and Germany has also built partnership through sister city program between Frankfurt-Bangalore and Hamburg-Navi Mumbai to accomplish a more comprehensive cooperation in cyber-based economy.

(The Representative from both state giving a statement about the cooperation. REUTERS)

The agreement was expected to develop bilateral cooperation between the two parties as India believed it could escalate the cooperation to a wider scope such as multilateral even global since we all have a common objective in developing cyberinfrastructure and access towards the internet. India added that this cooperation will be beneficial and could be developed more in the World Summit on Cyber Governance. Germany also expects India to be the pioneer in the South Asia region because, with the existing potentials, India can be the new emerging country.

Blog: reutersforprakdip.wordpress.com

Twitter: @reutersprakdip

Email: reutersforprakdip@gmail.com

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