Serbian government, Cisco sign MoU

The Ministry of Trade, Tourism and Telecommunications and Cisco, a leading networking equipment manufacturer, on Thursday signed a memorandum of understanding.

Izvor: Tanjug

Thursday, 10.09.2015.

16:21

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(Tanjug)

Serbian government, Cisco sign MoU

It "envisions cooperation in modernizing the technological network and developing e-business, information security and the academic network," Minister Rasim Ljajic said after the signing of the memorandum with Peter Hajdu, Cisco General Director for South East Europe.

Almost 70 percent of equipment used in internet traffic is manufactured by Cisco, Ljajic said.

The mere fact that Cisco invests USD 5.5 billion in innovation each year indicates the size and significance of the company, he noted.

"This is an exceptional day for Cisco, too, and just formalizes the strategic partnership that already exists with the Serbian government," Hajdu said, "announcing training for instructors in the field," Tanjug reported.

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