Singapore and Malta signed a three-year Memorandum of Understanding (MoU) to strengthen the two countries’ cooperation in the fields of emerging technologies and cybersecurity. The MoU was signed by Dr Janil Puthucheary, Senior Minister of State, Ministry of Transport and Ministry of Communications and Information, Republic of Singapore, and Mr Silvio Schembri, Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Republic of Malta.
Information Sharing to include blockchain, artificial intelligence and Internet of Things
The MoU signing took place on 8 April 2019 at the Singapore-Malta Business Forum held at the Shangri-La Hotel. Under the MoU, Singapore and Malta will deepen existing ties and promote exchanges in the field of emerging technologies and cybersecurity. Besides knowledge and information sharing on blockchain, artificial intelligence and Internet of Things, the collaboration between both countries will also entail the exchange of information between the Computer Emergency Response Teams (CERT), as well as the sharing of best practices on cybersecurity ecosystem development.
Singapore committed to cooperating with like-minded partners
Dr Janil Puthucheary said “Singapore and Malta share a common vision to leverage on technology and digitalisation to better lives and open up opportunities for businesses and individuals.
The signing of the MoU is testament to our commitment to advancing cooperation with like-minded partners. We look forward to the mutual exchange of knowledge and experiences with Malta which will enhance our digital competitiveness.”
Agreement to help boost investments and develop capabilities in cybersecurity
Mr Silvio Schembri said “The MOU signed today signifies the enhanced cooperation between Malta and Singapore to boost investments, embark on more joint initiatives and further develop industry capabilities in emerging technologies and cybersecurity.”
The MOU exemplifies the need for countries to synergise and work closely together to better understand trends and developments that are likely to impact the industry in the years to come. It also serves as a platform for both parties to exchange information, while providing opportunities to increase interaction with the emerging technologies and cybersecurity sectors.