Union Minister for Science & Technology, Dr Harsh Vardhan and his South Korean counterpart, Mr. You Young Min signed three MoUs for
(i) Programme of Cooperation 2018-21;
(ii) Establishment of Future Strategy Group and;
(iii) Cooperation in Biotechnology & Bioeconomy.
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.
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’.
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.
Union Minister for Science & Technology, Dr Harsh Vardhan said,
India & Korea have agreed to establish a #FutureStrategicGroup to build collaborative platform to utilise the potential of the two countries to foster innovation and create impact for social & economic good. @PMOIndia, @PIB_India, @IndiaDST, @DBTIndia, CSIR_IND pic.twitter.com/18ljiuIGfv
— Dr. Harsh Vardhan (@drharshvardhan) July 9, 2018
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.