A Memorandum of Understanding in the field of digital transformation between the Republic of Cyprus and the Republic of Austria was signed today, 19 January 2023, at the Presidential Palace, by the Deputy Minister of Research, Innovation and Digital Policy, Mr Kyriakos Kokkinos and the Deputy Minister of the Federal Ministry of Finance, Mr Andrea Reichhardt.
The Memorandum underlines the importance of digital transformation for sustainable development and social progress and aims to broaden and expand relations between the two countries on issues related to the modernization of governance and public administration, as well as to promote technological cooperation in areas of common interest and mutual benefit with the aim of encouraging and developing collaborative activities in areas of common interest with strategic commitment and clear purpose.
Within the framework of the Memorandum, the two countries will work together in the areas of common interest with strategic commitment and clear purpose. "I am pleased that this Memorandum already provides for concrete potential cooperation topics such as Austrian support for the Cypriot reform of the Social Security System, as well as the digitalisation of the pension insurance process," said Andrea Reichhardt, State Secretary of the Federal Ministry of Finance of the Republic of Austria.
In his intervention, Minister of State for Research, Innovation and Digital Policy Mr Kokkinos stressed the importance of digital reform in the public sector through the exchange of experience, know-how and expertise in order to assist the Cypriot side in the design and implementation of its strategic plan and digital solutions that meet the specific requirements of the country. "We deserve a more sustainable, more digital and inclusive future. This cooperation can offer us that," the Deputy Minister said.
Referring to the need to build on the strengths and comparative advantages of each side for mutual benefit, the Deputy Minister noted: "Through the Agreement we seek to accelerate a holistic digital transformation for both countries, a key driver for a diversified, more sustainable development model that can lead to economic growth, international competitiveness and social prosperity."
The signing of the Agreement was also welcomed by Minister of Labour and Social Insurance Kyriakos Kousios. He congratulated the initiative and stressed that "undoubtedly, we will benefit greatly from the experience, knowledge and advice of the Austrian experts in developing a new upgraded system that will allow the Social Security Services to offer faster, more accurate and efficient services. In this context, expert guidance on the design of the system architecture will be crucial to the success of the project."
(MGE/EXP)
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