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 BIZ Experiences contributors are their own.

You're reading BIZ Experiences India, an international franchise of BIZ Experiences 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 & BIZ Experiencesship 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 BIZ Experiences India

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

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Starting a Business

How to Develop the Mindset for a Billion-Dollar Success, According to Raising Cane's Founder

Todd Graves was turned down by every bank in town when he started. Here, he sits down to share his mentality on success, leadership and building a billion-dollar brand.

Business News

Here Are the 10 Jobs AI Is Most Likely to Automate, According to a Microsoft Study

These careers are most likely to be affected by generative AI, based on data from 200,000 conversations with Microsoft's Copilot chatbot.

Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.

News and Trends

Reliance Retail Launches FMCG Brand 'Independence' In Gujarat

Independence includes diverse categories such as staples, processed foods, beverages, among other daily essentials