The investment promotion body of Government of Gujarat, iNDEXTb, signed a memorandum of understanding (MoU) with Leicestershire Asian Business Association (LABA) today in Leicestershire.
The MoU will encourage and facilitate actions leading to the promotion and development of commercial exchange and of economic co-operation between the UK and Government of Gujarat.
It will enable both the parties to analyse business conditions, legal and economic environment between the two regions and take action to improve cooperation among companies in their respective countries as well as the establishment of joint ventures.
The MoU will also lead to creation of export panels on international marketing as well as on foreign trade management and skills. Further, it will help create joint symposiums and seminars on economic and trade information.
The MoU was signed by the delegation convener Guruprasad Mohapatra, managing director, Gujarat Alkalies and Chemicals Limited (GACL) and Jaspal Singh Minhas, president, LABA.
LABA is the leading British Asian Business led economic driver for Leicestershire and wider East Midlands region fostering business development, training, inward investment and international trade for the last twenty five years.
A high-level 16 member delegation of business leaders and government officials from Gujarat arrived in Leicestershire today to meet with business communities and had a road show to promote Vibrant Gujarat 2011 Summit.
