📺 Stream EntrepreneurTV for Free 📺

India Signs MoU With Trinidad And Tobago To Share India Stack A similar MoU was signed with Papua New Guinea also last month, showcasing the growing interest and acceptance of the initiative on a global scale

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

X handle

The ministry of electronics and IT, on Thursday, announced that India has signed a Memorandum of Understanding (MoU) with Trinidad and Tobago to share the India Stack, a collection of open APIs and digital public goods that aim to facilitate identity, data, and payment services on a large scale, with the Caribbean nation for mutual digital advancement.

"Both sides agreed to cooperate in the areas of digital transformation by means of capacity building, training programmes, exchange of best practices, exchange of public officials and experts, development of pilot or demo solutions…," noted the ministry in a statement.

This development comes after Rajeev Chandrasekhar, Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, met with Trinidad and Tobago's Minister of Digital Transformation, Senator Hassel Bacchus, last week. Reportedly during the meeting, discussions on mutual cooperation in the fields of IT, emerging technologies, and the India Stack were held.

Commenting on this collaboration, Rajeev Chandrasekhar stated, "With the help of India Stack, these countries can climb up the digitalisation ladder rapidly and transform their economies and governance. It shall create a robust ecosystem of startups, developers and system integrators working around it on next-gen innovation."

Since June 2023, India has already signed MoUs with countries namely Armenia, Sierra Leone, Suriname, and Antigua & Barbuda to share India Stack while many countries like Mauritius, Saudi Arabia have shown interest and are at an advanced stage of finalizing cooperation on IndiaStack. A similar MoU was signed with Papua New Guinea also last month, showcasing the growing interest and acceptance of the initiative on a global scale, the statement added.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Science & Technology

Take Your Business Online with Affordable Web Hosting

iBrave offers speed and security, right now for a highly affordable price.

News and Trends

6 Lessons I Learnt In My First Startup Venture

At his earlier role at Rover, he gained some invaluable and insightful lessons that became quite useful at running his current AI venture- Turing

Devices

Increase Your iPad Productivity with This Magic Keyboard for Just $95

Save more than 60% on this keyboard that's designed to work with the iPad 10th Gen, but only through April 30th.

Business News

Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'

Musk shared the secrets on a podcast with Nicolai Tangen, CEO of the $1.6 trillion Norges Bank.

Business News

Jeff Bezos and Amazon Execs Used An Encrypted Messaging App to Talk About 'Sensitive Business Matters,' FTC Alleges

The FTC's filing claims Bezos and other execs used a disappearing message feature even after Amazon knew it was being investigated.

Devices

Stay Locked In and Accessible with These Open-Ear Headphones, Marked Down $40

These open-ear Bluetooth headphones sit on top of the ear, and are available for the best price online.