SME Times is powered by   
Search News
Just in:   • Indo-Nepal trade: Let's Wait for the Dust to Settle   • India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor  • PM Modi-Trump phone call 'moment of bonhomie', says former senior Indian official  • India ready to take relationship with EU to next level: PM Modi to Ursula von der Leyen  • India's efforts to shape sustainable future across region lauded at East Asia Summit event 
Last updated: 16 Oct, 2021  

Innovation.9.Thmb.jpg 'Special Working Group on startups and innovation needed'

Innovation.9.jpg
   Top Stories
» India's contribution to global GDP growth to reach 9 pc by 2035: Govt official
» Centre to help ITIs become AI-driven training centres: FM Sitharaman
» Sensex, Nifty make strong gains amid positive cues after US Fed rate cut
» US Fed decision paves the way for RBI to go for more rate cuts: Analysts
» Piyush Goyal to embark on 2-day UAE visit today
SME Times News Bureau | 15 Oct, 2021

In the 20th Meeting of SCO Ministers responsible for Foreign Economy and Foreign Trade held late Thursday and hosted by the Republic of Kazakhstan, the Minister of State (MoS) for Commerce and Industry Anupriya Patel, in her intervention, stressed on the need for effective cooperation between SCO Member States for a balanced and equitable growth in trade and commerce. 

She proposed for creation of a new Special Working Group on Startups and Innovation and for setting up a new Expert Working Group on Cooperation in Traditional Medicine. 

She also stated that cooperation in the field of start-ups & innovation can be a focal point in reviving our economies from the consequences of the pandemic. With this in mind, she invited all SCO Member States to take part in the 2nd Start-up Forum on 27-28 October 2021, to be hosted by India. 

MoS highlighted that there is a significant gap in digital technologies between developed ang developing countries which needs to be narrowed down by building digital capacities.

On the environment issues she welcomed the need for environment protection and mitigation of adverse effects of climate change, she also stressed that the climate agenda should not introduce measures which becomes unnecessary barriers to trade.

In her concluding remarks, Anupriya Patel emphasized that SCO members must prepare, act and stand in solidarity with each other and pursue an agenda that is equitable and inclusive and development oriented.

The virtual meeting was attended by the Secretary General of SCO and Heads of Delegations of China, Kyrgyzstan, Kazakhstan, Pakistan, Russia, Tajikistan and Uzbekistan.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter