The Union Cabinet
chaired by the Prime Minister Shri Narendra Modi has given its approval
for signing the Memorandum of Understanding between India and United
Arab Emirates for cooperation in the field of Small and Medium
Enterprises and Innovation.
The MoU would benefit Indian SMEs and lead to equitables and inclusive
development. The exposure to best practices in SME sector abroad would
provide an opportunity to Indian SMEs to improve upon them and innovate
further. It would also provide to Indian SME sector an opportunity to
have a mutually beneficial relation with SME sector of the United Arab
Emirates and to explore their markets.