MoU signed between the Ministry of MSME and Small Business Administration (SBA), Government of the United States of America.
India-US MoU to Boost Cooperation on Small Businesses
Key Points:
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- Signatories: Ministry of Micro, Small and Medium Enterprises (MOMSME), India & Small Business Administration (SBA), USA.
- Objective: Promote cooperation on Small and Medium-sized Enterprises (SMEs).
- Areas of Collaboration:
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- Enhancing MSME Participation in Global Market:
- Mutual visits, webinars, and workshops.
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- Focus areas:
- Access to trade & export finance.
- Technology & digital trade.
- Green economy & trade facilitation.
- Empowering Women Entrepreneurs:
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- Joint programs for capacity building.
- Strengthening trade partnerships between Women-Owned Small Businesses (WOSBs) of both nations.
- Business Matching Platform (Exploration):
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- Recognizing MSME’s role in inclusive growth, export expansion, and job creation.
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