EU promoting SME businesses in India

20 November, 2016

Description

Facilitation mechanism for EU trade may be in place by January next year. This was stated by Marika Jakaf, Head of EU Delegation to India. She said that providing support to EU businesses, which are interested in operating in India, shall be the aim of the mechanism. She said this in the Business Meeting with High Powered European Company Mission to India. SMEs play an important role in the European economy. Hence Europe has an elaborate mechanism for supporting small businesses. Now, it looks at better trade facilitation for its SMEs in India.