MoU between India and Serbia for cooperation in IT and Electronics approved
The approval was given by the Union Cabinet headed by Prime Minister Narendra Modi. The MoU helps India to extend its influence in the Southern Europe.
The Union Cabinet in January 2017 gave its ex-post facto approval to a Memorandum of Understanding (MoU) signed between India and Serbia.
The MoU seeks to promote bilateral cooperation in the field of information technology and electronics.
The MoU also facilitates exchanges between the private entities, capacity building institutions, the governments and other public and private organizations of the two countries that are involved in information technology and electronics sectors.
• India's relations with Serbia have traditionally been close and friendly since the days of the Socialist Federal Republic of Yugoslavia (SFRY).
• Pandit Jawaharlal Nehru and Marshall Tito were co-founders of the Non-Aligned Movement (NAM), which played a pro-active role to diffuse tensions in the cold war period.
• Minister of State for External Affairs Preneet Kaur visited Belgrade in September 2011 to attend the 50th anniversary of the first NAM Summit.
• Following the dissolution of the SFRY in the early 1990’s and the emergence of the Republic of Serbia, those early bonds of friendship and cooperation still provide the foundation for the relations between the two countries.
• The unanimous UNGA resolution admitting the FRY into the UN on 1 November 2000 was co-sponsored by 70 member-countries including India.
• India and Serbia have since developed a good track record of cooperation in multilateral fora in terms of mutual support and reciprocal arrangements for elections in multilateral bodies.
• The present bilateral relations are warm and friendly. They are marked by mutual understanding and support on issues of core interest.
• Several agreements have been signed between the two countries. They provide a ready framework to give momentum to bilateral relations.
• Institutional mechanisms such as Foreign Office Consultations and Joint Economic Committee facilitate regular exchange of views and identifying ways to further enhance cooperation.
• There is practically no Indian community in Serbia. There are few persons of Indian origin (PIO).
• They are mostly engaged in small trading, travel industry or pursuing artistic goals and most of them still maintain their bond with India.