India–South Korea Sign MoU to Strengthen MSME Cooperation and Business Linkages

The Ministry of Micro, Small & Medium Enterprises (MSMEs) and Republic of Korea’s Ministry of SMEs & Startups signed a Memorandum of Understanding (MoU) on 20 April 2026 to deepen bilateral cooperation in the MSME sector. The framework facilitates sustained dialogue on MSME policy, exchange of information, best practices, business matchmaking, and technical collaboration. This official agreement aims to expand trade and investment linkages between Indian and Korean MSMEs, enhance mutual understanding of respective MSME ecosystems, and boost inclusive growth and employment generation. The partnership marks a significant step in international cooperation supporting India’s MSME competitiveness.