NEW DELHI: The Telecom Regulatory Authority of India (TRAI) and the Malaysian Communications and Multimedia Commission (MCMC) have agreed to exchange information and regulatory best practices in the fields of broadcasting and telecommunications, including new and emerging areas.

A Letter of Intent (Lol) was signed by the TRAI chairman R S Sharma and MCMC chairman Halim Shafie in the presence of the Malaysian high commissioner to India Hidayat Abdul Hamid. This historic agreement would help both the regulators to work closely in enhancing mutual cooperation and bilateral relations.

The signing of this agreement assumes significance for both India and Malaysia as both countries can learn from each other.

The other activities planned under the agreement to promote international and technical cooperation between the two organizations are:

Exchange, deployment and attachment of experts, including but not limited to during bilateral consultations;

Jointly conducting capacity building exercises in the fields of broadcasting and telecommunications regulation;

Collaboration in various international forums including but not limited to the Association of Southeast Asian Nations (ASEAN), Asia-Pacific Telecommunity (APT) and International Telecommunication Union (ITU); and

Any other forms of cooperation that are mutually agreed upon by the Parties in the fields of broadcasting and telecommunications regulation.