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25 Jan 2024 : PIB Summary for UPSC

PIB Summary for UPSC

25-January -2024

1.Cabinet approves signing of a Memorandum of Understanding (MoU) between India and Oman on cooperation in the field of Information Technology.

Topic: GS3 – International Relations – Bilateral Relations

Relevance for UPSC: Enhances bilateral ties – India-Oman MoU in IT fosters cooperation, technology sharing, and employment opportunities.
Context:
  • The Union Cabinet chaired by Prime Minister Narendra Modi approved a Memorandum of Understanding (MoU) signed between India and Oman on December 15, 2023, to enhance cooperation in Information Technology, promoting mutual support and sharing of technologies for three years.

Additional information on this news:

  • The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, was briefed on a Memorandum of Understanding (MoU) signed on December 15, 2023.
  • The MoU aims to foster comprehensive cooperation between the two countries in the field of Information Technology (IT), promoting mutual support, sharing of technologies, information, and investments.
  • The MoU becomes effective from the date of signature and will be in force for a duration of 3 years.
  • The cooperation extends to both Government-to-Government (G2G) and Business-to-Business (B2B) aspects of IT, enhancing bilateral collaboration.
  • The Memorandum envisions improved collaboration that could lead to increased employment opportunities in the IT sector.

Background:

  • MeitY has the mandate to facilitate international cooperation in emerging and frontier areas of Information and Communications Technology (ICT) under bilateral and regional frameworks.
  • MeitY has previously entered into MoUs/Agreements with counterpart organizations/agencies from various countries to promote cooperation and exchange of information in the ICT domain.
  • The collaboration aligns with the Indian government’s initiatives such as Digital India, Atmanirbhar Bharat, and Make in India, aiming to transform the country into a digitally empowered society and knowledge economy.
  • The changing paradigm necessitates exploring business opportunities, sharing best practices, and attracting investment in the digital sector to enhance mutual cooperation.
Indian – Oman Relations
Significance:

  • Strategic Partnership: Oman is India’s oldest strategic partner in the Gulf, crucial for regional stability and maritime security.
  • Strong Economic Ties: Bilateral trade exceeding $9 billion, with Omani investments in India and visa-free travel agreements boosting business.
  • Cultural Links: Vibrant Indian community in Oman strengthens people-to-people ties, with regular cultural exchange programs.
  • Energy Security: Oman is a reliable supplier of oil and gas to India, contributing to energy security.

Challenges:

  • Diversifying Trade: Need to move beyond hydrocarbons and explore sectors like IT, pharmaceuticals, and tourism.
  • Geopolitical Tensions: Regional instability and external influences can impact relations.
  • Visa Facilitation: Streamlining visa processes for business and tourism can further enhance cooperation.

Way Forward:

  • Deepen strategic cooperation: Joint military exercises, maritime security collaboration, and intelligence sharing to address regional threats.
  • Expand economic engagement: Promote investments in diverse sectors, explore joint ventures in infrastructure and renewable energy.
  • Strengthen cultural and educational ties: Encourage student exchange programs, cultural events, and knowledge sharing initiatives.
  • Regular high-level dialogues: Maintain open communication through frequent meetings between leaders and officials to address challenges and explore new opportunities.
Practice Question: Critically examine the significance of India-Oman relations, outlining any key challenges and suggesting a way forward for enhanced cooperation. (150 words/10 m)

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