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China to provide technical assistance to business industry

14 May 2019, MVT 13:22
Economic Minister Fayyaz Ismail and Minister Zhang Mao from China’s State Administration for Market Regulation (SAMR). PHOTO: HUSSAIN WAHEED/ MIHAARU
14 May 2019, MVT 13:22

Ministry of Economic Development and China’s State Administration for Market Regulation (SAMR), on Tuesday, signed an agreement regarding the provision of technical assistance in the business industry.

Economic Minister Fayyaz Ismail and SAMR’s Minister Zhang Mao signed the agreement at Hotel Jen.

According to the minister, the business industry will receive help in overcoming issues in the working environment and technical assistance. Both countries will also be able to share their experiences.

“Such activities will be carried out along with experts in the near future. SAMR will provide assistance to small and medium enterprises as well”.

He declared that expanding businesses must adhere to international standards, stressing the importance of having China’s support and experience when turning into international best practices.

Workshops, conferences and discussions will be held to establish the agreement.

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