Gujarat’s first World Trade Centre (WTC), coming up at Gujarat International Finance Tec-City (GIFT City), on Thursday said it has entered into a pact with three Gujarat associations for promotion of trade and investment opportunities for their members.
Boosting tradeThese are Gujarat Chemical Association (GCA), Gujarat Pharmaceutical Association (GPA) and Gujarat State Plastic Manufacturers’ Association (GSPMA). WTC and GIFT City have signed the Memoranda of Understanding (MoUs) with these associations through the World Trade Centre India Services Council (WTCIS).
WTC, through its World Trade Center Services arm, Verbind, stimulates trade and investment opportunities in India by serving as an ‘international ecosystem’ of global connections, properties and trade infrastructure and integrated trade services under the umbrella of the global brand, Khair Ull Nissa, Director, WTCIS, said.
The purpose of these MoUs is to foster and grow trade, increase international connectivity and competitiveness and facilitate investment in small and medium enterprises (SMEs). WTC’s main focus is on the SMEs. It would make efforts to arrange delegations from within and outside India, holding events, training and provide accelerator facilities.
Jaimin Vasa, President of GCA and GPA, said through these MoUs, the members of the associations will get access to global markets through WTC‘s network, which would help them in expanding their business. The members will also get advantage of skill development and training workshops.