On 14th October 2015 cooperation with Taipei in the field of micro, small and medium enterprises (MSMEs) was approved by the government.
The MoU between ITA in Taipei and the TECC in India gets the acceptance from the Union cabinet.
Objective of the MoU
- Promote the cooperation between the micro, small & medium enterprises between the two parties.
- Provides a structured framework and enabling environment to the MSME sector of the two parties to understand each other’s strengths, markets, technologies, policies
- Enabling of their respective MSMEs to participate in each other’s trade fairs/exhibitions and to exchange business delegations with the other party
The cooperation opens up doors of new opportunities for the Indian MSME sector in the areas like New markets, joint ventures, sharing of best practices and technology collaborations
ITA – India-Taipei Association
TECC – Taipei Economic and Cultural Center