Updated By: LatestGKGS Desk
Gujarat & South Korea Trade-Investment Promotion Agency Signed MoU
Gujarat & South Korea Trade-Investment Promotion Agency Signed MoU to strengthen trade, industrial relations
Gujarat Government’s Industries and Mines Department has signed Memorandum of Understanding (MoU) with South Korea Trade-Investment Promotion Agency (KOTRA) to strengthen trade, industrial relations.
South Korea Trade-Investment Promotion Agency (KOTRA) is a national trade and investment promotion organisation operated by South Korea Government.
The MoU was signed with an aim to recognize mutual desire to further enhance and strengthen India (Gujarat) and South Korea trade and industrial investment relations and encourage ongoing dialogue and cooperation.
Under this MoU, both the Industries Department of Gujarat and KOTRA will assist each other to provide in-market support.
The priority sectors in focus under this MoU are chemical, petrochemical and pharmaceuticals; new and renewable energy; start-up ecosystem; textiles and apparels; urban infrastructure; Food Processing and Agro related industries; Skill Training and Development; Automobile, etc.
