SGTech and techUK have signed a Memorandum of Understanding (MoU) to collaborate on their tech ecosystems, and to promote and foster trade on areas such as digital trade facilitation, artificial intelligence, cyber security, digital identities cooperation, and emerging tech.
The tech industry associations in Singapore and the United Kingdom (UK) will focus on focus on joint activities in areas of mutual interest as well as allow for greater interaction through dialogue on regulatory cooperation in digital and tech issues.
“We are pleased to ink this understanding with techUK, our first MOU with a partner outside of Asia. The UK has traditionally been a home to technological innovation and enterprise – both local start-ups as well as global companies – and we are excited to have the opportunity to collaborate with and learn from such industry players and leaders through techUK,” said Yean Cheong (top left), Executive Director of SGTech.
SGTech and techUK have a shared mission to be strong industry pillars enabling greater digital transformation and tech innovation. They will organise a roundtable session in the coming months to discuss the key opportunities and concerns companies in the cybersecurity sector face.
“Our cooperation under this MOU will complement UK’s first digital trade deal and strengthen bilateral cooperation on the key tenets detailed in the UK-Singapore Digital Economy Agreement. We look forward to working with SGTech to drive regulatory cooperation on digital and tech issues and enhance industry exchanges in areas such as cyber security, digital trade facilitation and emerging tech between both countries,” said Julian David (top right), CEO of techUK.