Current Affairs - Miscellaneous - Discussion

National Small Industries Corporation (NSIC) signed a MoU with SME Corporation Malaysia for the exchange of information and cooperation in areas such as policies to aid the development of small and medium businesses (SMBs) in the two countries. Besides, three other agreements were also signed between Indian and Malaysian entities to strengthen cooperation among smaller businesses in these countries. Bilateral trade (between India and Malaysia) was registered at $12.02 billion in 2015.