legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Memorandum of Understanding for promoting Cooperation on Small and Medium Enterprises

NEW DELHI : Shri S. C. L Das, Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India and Ms. Isabel Casillas Guzman, Administrator, Small Business Administration (SBA), Government of the United States of America, in keeping with the direction given by the Leaders of the two countries in the India-US Joint Statement of June 2023, signed a Memorandum of Understanding for promoting Cooperation on Small and Medium-size Enterprises on 13^th August 2024 here.

The MoU provides a framework for both sides to discuss issues concerning micro, small and medium enterprises (MSMEs) and explore possibilities of cooperation. It envisages the exchange of expertise between the two sides on issues related to improving MSME participation in the global marketplace through mutual visits as well as webinars and workshops on topics including access to trade and export finance; technology and digital trade; green economy; and trade facilitation. It also provides for the joint conduct of programmes for women entrepreneurs to empower them and facilitate trade partnership between women-owned small businesses of the two countries.

AI legalese decoder:

The AI legalese decoder can help in translating and simplifying complex legal language used in the Memorandum of Understanding. By decoding legal jargon and providing clear explanations, it can enhance understanding and facilitate smoother communication between the parties involved.

Business Matching Digital Platform Development

Recognizing the crucial role that MSMEs play in advancing inclusive growth, expanding exports, and boosting employment, the two sides also agreed to explore the development of a “Business Matching Digital Platform” to boost business opportunities.

AI legalese decoder:

The AI legalese decoder can assist in interpreting and simplifying legal terms and requirements related to the development of the Business Matching Digital Platform. It can ensure clarity and accuracy in understanding the legal aspects of the platform development, leading to effective collaboration between the parties.

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link