{"id":351788,"date":"2024-07-25T12:44:14","date_gmt":"2024-07-25T07:14:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/india-and-uk-forge-new-paths-in-technology-set-to-focus-on-ai-semiconductors-and-critical-minerals-crypto-news\/"},"modified":"2024-07-25T12:49:35","modified_gmt":"2024-07-25T07:19:35","slug":"india-and-uk-forge-new-paths-in-technology-set-to-focus-on-ai-semiconductors-and-critical-minerals-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/india-and-uk-forge-new-paths-in-technology-set-to-focus-on-ai-semiconductors-and-critical-minerals-crypto-news\/","title":{"rendered":"India and UK forge new paths in technology; Set to focus on AI, semiconductors, and critical minerals &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"mainArea\">\n<div class=\"FirstEle\">\n<p>India and the United Kingdom have unveiled a pioneering technology security initiative aimed at spurring economic growth and deepening bilateral cooperation, reported AP. This announcement coincided with the inaugural official visit to India by the UK&#8217;s newly appointed Foreign Secretary.<\/p>\n<\/p><\/div>\n<div class=\"paywall\" id=\"paywall_11721890040519\">\n<p>Under this new agreement, both nations will collaborate on critical technological advancements, spanning areas such as essential minerals, artificial intelligence (AI), semiconductors, and telecommunications. Additionally, the initiative seeks to enhance partnerships in climate action, trade, technology, and education, as stated by<a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/economy\/uks-new-foreign-secretary-david-lammy-is-on-his-maiden-india-visit-india-uk-fta-talks-on-the-agenda-11721792686085.html\"> British Foreign Secretary David Lammy<\/a>.<\/p>\n<p>&#8220;This agreement signifies tangible steps towards addressing future challenges, from AI to essential minerals. Our joint efforts can unlock mutual growth, drive innovation, create jobs, and attract investment,&#8221; Lammy remarked.<\/p>\n<p>During discussions with his Indian counterpart, Subrahmanyam Jaishankar, the two officials also pledged to reinforce defense and security cooperation in the <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/economy\/uks-new-foreign-secretary-david-lammy-is-on-his-maiden-india-visit-india-uk-fta-talks-on-the-agenda-11721792686085.html\">Indo-Pacific region<\/a>, added the wire report. They addressed various global issues, including the ongoing Russia-Ukraine conflict, according to a statement from India\u2019s Ministry of External Affairs.<\/p>\n<p>Lammy emphasized that his visit to India highlights a primary focus of the new UK government\u2019s foreign policy: reestablishing relations with Europe, both in terms of climate action and engagement with the Global South.<\/p>\n<p>The UK&#8217;s Labour Party, having secured a decisive victory in the July 4 elections, aims to &#8220;reset and relaunch&#8221; <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/news\/india\/uks-new-foreign-secretary-david-lammy-on-his-maiden-india-visit-next-week-india-uk-fta-talks-on-the-agenda-11721209906318.html\">UK-India relations<\/a>. This includes resuming formal negotiations on a free trade agreement, which had been a key objective for former Prime Minister Boris Johnson following the UK&#8217;s exit from the European Union in 2020.<\/p>\n<p>In his visit, Lammy also engaged with Indian National Security Advisor Ajit Doval and Prime Minister Narendra Modi. Modi expressed his support for the new technology security initiative and voiced optimism about finalizing a free trade agreement in a social media post.<\/p>\n<p>The trade agreement aims to double bilateral trade, which stood at $50 billion in 2022, by 2030. <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/news\/india\/uks-new-foreign-secretary-david-lammy-on-his-maiden-india-visit-next-week-india-uk-fta-talks-on-the-agenda-11721209906318.html\">Johnson <\/a>had ambitiously aimed to finalize the deal by Diwali in October 2022. However, the 13 rounds of negotiations conducted before the talks were paused due to the 2024 general elections in both countries had not yet yielded a conclusive agreement.<\/p>\n<p>(With inputs from AP)<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>              <input type=\"hidden\" id=\"iframecount\" value=\"0\"\/>\t<\/p>\n<p class=\"milestone\" style=\"display:none\"><strong>Milestone Alert!<\/strong><br \/>\nLivemint tops charts as the fastest growing news website in the world <span>\ud83c\udf0f<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.read.ht\/QvEN\" data-name=\"Whatsapp_channel\"><strong>Click here<\/strong><\/a>  to know more.\n<\/p>\n<p class=\"benefitText\"> 3.6 Crore Indians visited in a single day choosing us as India&#8217;s undisputed platform for General Election Results. Explore the latest updates  <a rel=\"nofollow noopener\" target=\"_blank\" onclick=\"ga4CommonTracking({event:'cta_click',cta_text:'login_now', target_url:'https:\/\/www.livemint.com\/elections\/lok-sabha?utm_source=eoa&#038;utm_medium=eoa&#038;utm_campaign=election36m' , cta_position:'article_bottom',article_type: '',}); ga('send', 'event', 'Story Bottom', 'Login','Click' , {'dimension22': 'LM', 'dimension41': 'end_of_article', 'dimension47': 'false', 'dimension50': 'News', 'dimension51': '11721890040519', 'dimension52': `India and UK forge new paths in technology; Set to focus on AI, semiconductors, and critical minerals`, 'dimension53': 'Technology'});\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.livemint.com\/elections\/lok-sabha?utm_source=eoa&#038;utm_medium=eoa&#038;utm_campaign=election36m\"><strong>here!<\/strong><\/a>\n<\/p>\n<div class=\"disclamerText\" id=\"disclamerArea_11721890040519\">\n<div class=\"seeless\" id=\"disclamerText_11721890040519\">\n    \t\tCatch all the<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/\">Business News<\/a>,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\"> Technology News<\/a>,<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\">Breaking News<\/a>Events and<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/latest-news\">Latest News<\/a> Updates on Live Mint. Download The<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/apps\">Mint News App<\/a> to get Daily Market Updates\n    <\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\/tech-news\/javascript:void(0)\" class=\"readMore\" id=\"readMore_11721890040519\" onclick=\"more(11721890040519)\">More<\/a><br \/>\n<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\/tech-news\/javascript:void(0)\" class=\"readLess\" id=\"readLess_11721890040519\" onclick=\"less(11721890040519)\">Less<\/a>\n<\/div>\n<p>\n\t\tPublished: 25 Jul 2024, 12:28 PM IST\n\t<\/p>\n<aside class=\"moreAbout\">Topics You May Be Interested In<br \/>\n<\/aside>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>India and the United Kingdom have unveiled a pioneering technology security initiative aimed at spurring economic growth and deepening bilateral cooperation, reported AP. This announcement coincided with the inaugural official visit to India by the UK&#8217;s newly appointed Foreign Secretary. Under this new agreement, both nations will collaborate on critical technological advancements, spanning areas such [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":351792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[10184,188,183,24949,24950,185,186,24947,289,24946,875,187,24951,184,24952,1147,189,150,182,24948,190],"class_list":["post-351788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-artificial-intelligence-ai","tag-blockchain-tech","tag-blockchain-technology","tag-british-foreign-secretary-david-lammy","tag-british-foreign-secretary-david-lammy-india-visit","tag-crypto-technology","tag-cryptocurrency-technology","tag-essential-minerals","tag-india","tag-india-uk-partnership","tag-mea","tag-metaverse-technology","tag-ministry-of-external-affairs","tag-nft-technology","tag-russia-ukraine-conflict","tag-semiconductors","tag-soul-bound-token","tag-tech","tag-technology","tag-telecommunications","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/351788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=351788"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/351788\/revisions"}],"predecessor-version":[{"id":351793,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/351788\/revisions\/351793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/351792"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=351788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=351788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=351788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}