An MoU signed by India & US to promote cooperation on Small & Medium Enterprises.
An MoU signed between the Ministry of Micro, Small, and Medium Enterprises and the Small Business Administration (SBA) of the Government of the United States of America to promote cooperation on Small and Medium-size Enterprises (SMEs).
On August 13, the MoU was signed in New Delhi between S C L Das, Secretary, Ministry of MSMEs, and Isabel Casillas Guzman, SBA Administrator, Government of the United States of America.
The MoU provides a framework for both parties to discuss MSME-related issues and explore possibilities of cooperation.
It envisages an exchange of expertise between the two sides on issues related to improving the participation of MSMEs in the global markets.
It also provides for organizing joint programmes to empower women entrepreneurs and facilitate business partnerships between women-owned small businesses of two countries.