Question
What is the purpose of the memorandum of understanding (
MoU ) signed between India and the United States in relation to the semiconductor industry?Solution
Explanation: The MoU aims to create a semiconductor sub- committee under the Commercial Dialogue between the U. S. Department of Commerce and India’ s Ministry of Electronics and Information Technology ( MeitY) and the Ministry of Commerce, with the goal of establishing a semiconductor supply chain and innovation partnership.
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