New Zealand to fund rural broadband network upgrade – OpenGov Asia
Singapore and Israel have signed a memorandum of understanding on cooperation in artificial intelligence (AI), indicating that the two countries want to accelerate cross-border collaboration in this field. The Memorandum of Understanding between the Smart Nation and Digital Government Office of Singapore and the Israeli Ministry of Innovation, Science and Technology on AI cooperation would help the development and implementation of the AI for “common benefit,” according to the MoU.
This year marks the 25th anniversary of the Singapore-Israel Foundation for Industrial R&D. The foundation has supported around 190 projects between Singapore and Israel since its inception in 1997, delivering around US$120 million to initiatives in sectors including information and communications technology, electronics and biomedical sciences and of life.
Companies from Singapore and Israel explored opportunities in both countries. With a total foreign direct investment of US$875 million, Israel is Singapore’s fourth largest trading partner and foreign investor among Middle Eastern countries.
As the world recovers from the COVID-19 outbreak, Singapore and Israel are expected to expand their engagement in new areas such as agri-food technology, health technology, AI and digitalization. In addition, Singapore will open an embassy in Tel Aviv to serve as a focal point and encourage Singaporean companies wishing to expand their partnership with potential Israeli partners.
Singapore has traditionally supported a negotiated two-state solution with Israel and Palestine living side by side in peace and security, in accordance with relevant UN Security Council resolutions, to establish a long-term, just settlement. and overall.
Singapore believes that the Israeli and Palestinian sides can engage in direct negotiations on the basis of a two-state solution. All parties must avoid unilateral moves that could “escalate tensions and undermine the prospects for peace.”
Singapore and Israel will financially support joint projects of their high-tech companies, the Israel Innovation Authority (IIA). Covering start-ups in all high-tech fields, the support will fund joint research and development (R&D) projects or pilot programs. Eligible companies will receive up to US$1.5 million for a joint project, and projects in health, agriculture and food technology will receive increased grants.
Funding will be provided by the Singapore-Israel Foundation for Industrial R&D (SIIRD), managed by government agency Enterprise Singapore and The IIA. To receive the support, a joint project must be undertaken in Singapore and Israel, and each country must contribute at least 30% of the total project work and expenses.
As reported by OpenGov Asia, France and Singapore will intensify their cooperation in areas such as smart transport, smart cities, financial innovation and agri-food technologies, under a new pact. The France-Singapore Digital and Green Partnership (DGP) will see the two countries develop a work plan including cooperation projects with clear and tangible results in the digital and green sectors.
The DGP provides a structured platform for France and Singapore to cooperate on a wide range of digital and green issues. The intention is to support public-private partnerships and private sector-led approaches that harness digital and green technologies to improve the competitiveness of economies and create good jobs for our people in a sustainable way.
Singapore and France have strong bilateral trade and investment relations, supported by the joint declaration on strategic partnership signed in 2012, the joint declaration on innovation signed in 2017, the year of innovation France -Singapore in 2018, the EU-Singapore Free Trade Agreement which entered into force in 2019, and the Joint Ministerial Declaration to keep supply chains open and connected for essential food supplies which were published in June 2020 .
France is respectively Singapore’s second and fourth trading partner in the EU for goods and services. France is also Singapore’s fifth largest European investor. Singapore is France’s leading trade and investment partner in ASEAN. There is an active community of over 2,500 French companies and 300 French startups in Singapore, as well as over 200 French researchers within Singapore’s academic and research centers.