Kalraj Mishra Inaugurates Workshop on MSME Cooperation among IORA

Posted on:21 Jan 2017 09:33:42
Kalraj Mishra Inaugurates Workshop on MSME Cooperation among IORA
21 January 2017 Current Affairs: Union Minister of Micro Small and Medium Enterprises (MSME), Shri Kalraj Mishra inaugurated a Workshop on MSME Cooperation amongst Indian Ocean Rim Association (IORA) Member countries on January 19, 2017 in New Delhi

The Ministry of MSME finalised the MoU on MSME Cooperation with Indian Ocean Rim Association (IORA) member countries on January 20, 2017. 

This finalized MoU will be signed at an appropriate forum soon. The MoU will come into effect after 5 countries signs it.

The IORA Secretariat at Mauritius will be the coordinating agency for the implementation of the MoU. 

Special funds have also been created by IORA for the member countries to utilize the fund for implementing the MoU.

India has already signed Memorandum of Understandings (MoUs) with 18 countries for cooperation in MSME sector. 

The National Small Industries Corporation of India, Public Sector Enterprise under the Ministry of MSME has 34 MoUs with its counterpart organizations of foreign countries for cooperation in MSME sector.

 

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