US, India competitiveness bodies sign MoU

Tags: News
The US Council on Competitiveness has signed an MoU with its newly formed Indian counterpart to establish a foundation and framework for bilateral engagement and dialogue to strengthen the US-India economic relationship.

The Memorandum of Understanding recognises the importance of developing effective global competitiveness policies and strategies, while establishing a strategic partnership to mobilise a critical mass of leaders and experts to promote sustainable economic growth and prosperity for both countries, a statement said.

"The foundation for this MoU is straightforward," President & CEO, Council on Competitiveness, Deborah Wince-Smith, said.

"The Council and the India Council on Competitiveness will endeavour to undertake activities of mutual benefit to both nations, particularly those at the heart of turbocharging high-value, innovation-based business, scientific and technological collaboration.

"I could not be more pleased about the coming together of our two organisations around these issues," Wince-Smith said.

The Council (US) is credited with building new-to-the- world business partnerships over the years, having lead dozens of CEO-level dialogues and innovation summits with global partners across Europe, Northern Asia and Latin America.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • Government must give up majority ownership in loss making PSU banks

    After four years of braving economic slowdown and provisioning for rising non performing assets (NPAs), public sector banks are in urgent of capital.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

BK Chaturvedi

Cooperative federalism and governance

Improving relations between the states and the Centre to improve ...

Kuruvilla Pandikattu SJ

Reason drives religion, science

Both religion and science are driven by reason, claims Rama ...

Gautam Gupta

Retailers have it tough, thanks to e-commerce

For the past few months our focus has been on ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture