India & US Sign MoU to Promote Cooperation on Small & Medium Enterprises

NEW DELHI: Ministry of Micro, Small and Medium Enterprises, MSME has signed a Memorandum of Understanding, MoU with the Small Business Administration (SBA) of the Government of the United States of America to promote Cooperation on Small and Medium-size Enterprises (SMEs). The MoU was signed between Secretary, Ministry of MSME S. C. L Das and Administrator, SBA, Government of the United States of America, Isabel Casillas Guzman in New Delhi today. MSME Ministry in a statement said that the MoU provides a framework for both sides to discuss issues concerning MSMEs and explore possibilities of cooperation. It envisages the exchange of expertise between the two sides on issues related to improving MSME participation in the global marketplace. It also provides for the joint conduct of programmes for women entrepreneurs to empower them and facilitate trade partnerships between women-owned small businesses of the two countries