Which country did India’s MSME ministry recently collaborate with to promote entrepreneurship?

  1. China
  2. Japan
  3. Germany
  4. United States
  5. Russia

Answer (Detailed Solution Below)

Option 4 : United States

Detailed Solution

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The correct answer is United States.

In News

  • The Ministry of Micro, Small, and Medium Enterprises (MSME) of India recently collaborated with the United States to promote entrepreneurship and improve access to markets.

Key Points

India-US MoU on MSME Cooperation – August 13, 2024

  • Signed by:
    • Shri S. C. L Das, Secretary, MSME, Government of India.
    • Ms. Isabel Casillas Guzman, Administrator, SBA, USA.
  • In line with: India-US Joint Statement, June 2023.
  • Location: New Delhi.
  • Key Provisions of the MoU
    • Framework for MSME cooperation through discussions, mutual visits, webinars, and workshops.
  • Focus Areas:
    • Trade and export finance.
    • Technology and digital trade.
    • Green economy and trade facilitation.
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