Third tri-nations summit for small business development inaugurated
19 Nov 2008, 1519 Hrs

Add comment          Mail          Print          Write to Editor

New Delhi, Nov 19 With the aim of enhancing co-operation between India, Brazil and South Africa (IBSA) in the field of small industries, the third tri-nation summit for small business development began here today.

Inaugurating the Summit the Union Minister of Micro, Small and Medium Enterprises Shri Mahabir Prasad raised hope that the summit will help the small industries of IBSA countries to meet global challenges.

The Minister said that in order to achieve this objective, it is essential to have synergy between the complimentary strengths of MSMEs of these three countries. This synergy will not only improve the competitiveness of small enterprises but will also enable them to enhance their participation in global market.

Stating that the government is preferring promotional approach to protection approach for MSMEs, Prasad said that the Government, in the post reform period, has taken many steps to build up their competitive strengths and improve their product quality.

India, Brazil and South Africa share a similar economic atmosphere and have stood together on various multilateral forums.

The delegates from the participating countries are hopeful that the tri-nation summit will provide a platform for meaningful business linkage between small enterprises of the three countries.

55 delegates representing Brazil and South Africa are participating in this important programme. After a series of successful talks organized earlier in South Africa and Brazil the third tri-nation summit promises to strengthen the existing relationship between the IBSA countries. (ANI)

Related Latest

'Aggressive' development must to prevent return of terror in FATA: Zardari Pavilions from northeast region doing brisk business at IITF Manmohan's US visit: small ticket items on high value agenda Nepal peace pact in tatters on third anniversary Damaged property, business loss bear testimony to farmers' protest Large gold, silver mine inaugurated in Mexico Karanataka's urban development plan seeks balance New discovery can speed up development of Parkinson's drugs MJ's 'This Is It' heading to the small screen Nathan to lead business in ASEAN, India, Hong Kong and Taiwan

Related Latest

NASA astronaut becomes father while in orbit on Atlantis Radical new design of electrical generator promises power revolution Shakira desperate to start a family Deep-sea census reveals treasure trove of species that have never seen sunlight Berlusconi escort claims attacks, threats after sleeping with him Now, a 'massaging' bra to give women's busts a boost! Working women nag hubbies to feel more feminine: Study Bioengineers make way for production of eco friendly plastics New hyperlens for clearer ultrasound images Robert Pattinson jealous of co-star Taylor Lautner's muscles

• Now, a 'massaging' bra to give women's busts a boost!
• NASA astronaut becomes father while in orbit on Atlantis
• Radical new design of electrical generator promises power revolution
• Shakira desperate to start a family
• Deep-sea census reveals treasure trove of species that have never seen sunlight

• भारतीय क्रिकेट की मजबूत दीवार
• कंगारूओं के आगे ढेर, चीतों से कैसे मुकाबला करेंगें शेर
• Reducing greenhouse gases may not be enough to slow global warming
• बीकानेर महापौर चुनावः एक विश्लेषण
• Deepawali: The Festival Of Lights