Union Cabinet approves MoU Between India and Taipei in field of MSME

Q.  Union Cabinet has approved an MoU between India and which country on 14th October 2015 for cooperation in MSMEs?
- Published on 19 Oct 15

a. Taipei
b. China
c. Japan
d. Malaysia

ANSWER: Taipei
 
Union Cabinet has given approval for an MoU between the India-Taipei Association (ITA) in Taipei and Taipei Economic and Cultural Centre (TECC) in India to promote cooperation in the field of MSMEs. The MoU also provides enabling environment to the medium and small scale industries of the two nations apart from regular bilateral exchanges in this field through JVs, sharing of best practices and technology collaborations. MoU does not involve financial, political or legal commitment of any kind.

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