India, UK launch Technology Security Initiative led by NSAs
India and the United Kingdom are launching a new 'Technology Security Initiative' (TSI) to elevate the strategic partnership between the two countries to the next level. This was announced during visit of UK Foreign Secretary David Lammy.
The TSI will be coordinated by the National Security Advisors (NSAs) of both countries through existing and new dialogues. The NSAs will set the priority areas and identify interdependencies for cooperation on critical and emerging tech that will, in turn, help build meaningful technology value chain partnerships between two countries, officials said.
The progress made on the initiative will be reviewed on a half yearly basis at Deputy NSA level. «We will also set up a bilateral mechanism led by India's Ministry of External Affairs and the UK government for promotion of trade in critical and emerging technologies, including resolution of relevant licensing or regulatory issues,» an official said.
#Budget' 2024 with ET
What's cheaper and what's costlier? Here's the list
New slabs announced in new income tax regime
(You can now subscribe to our Economic Times WhatsApp channel)
Read more on economictimes.indiatimes.com
