India-US join hands to promote cooperation in MSMEs

msn.com

In an effort to give a further boost to partnership, India, and the US signed a landmark Memorandum of Understanding (MoU), which will enable the Micro, Small and medium enterprises (MSMEs) of the two countries to participate in global markets and foster trade. S. C. L. Das, Secretary, Ministry of Micro, Small and Medium Enterprises, and Isabel Casillas Guzman, Administrator, Small Business Administration (SBA), United States of America, signed the MoU here in New Delhi. The MoU provides a framework for both sides to discuss issues concerning micro, small and medium enterprises (MSMEs) and explore possibilities for cooperation. It envisages the exchange of expertise between the two sides on issues related to improving MSME participation in the global marketplace through mutual visits as well as webinars and workshops on topics including access to trade and export finance, technology and digital trade; green economy, and trade facilitation. Read more