The Serbian government and US tech giant Cisco signed a Memorandum of Understanding in Washington DC on Monday.
Serbian President Aleksandar Vucic, who was on an official visit to the United States, was in attendance as the Serbian Ambassador to the US, Djerdj Matkovic and Cisco’s Senior Vice President for Relations with Governments and Communities, Michael Timmeny signed the document.
This memorandum highlights the intention of the two parties to start talks to reach an agreement on the National Digitization Accelerating Agenda (CDA) programme, the Serbian government announced on its website, citing a statement issued by the president’s press service, and added:
“The implementation of this programme is a strategic move and it will forge a long-term partnership that, through the acceleration of the national digitization agenda, will help boost the national GDP, create new jobs and facilitate innovation and education in the public and private sectors.”
The goal of this memorandum is to help attract foreign direct investment, strengthen economic development, meet a number of social goals, enable young people to participate in digital economy, foster digital innovation and competitiveness, and create space for export oriented and knowledge-based possibilities, the statement said.
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