⇒ Secretary (MSME) Shri BB Swain inaugurated the IBSA 6th Tri-nation Virtual Conference on Small and Medium sized Enterprises (SME) in September 2021.
- India is the current IBSA Chair.
Theme:
The main theme of the 6th IBSA Conference was “Democracy for Demography and Development”.
Objective:
The meetings were held with the objective to promote trade, understand trade barriers, facilitate investments through collective efforts towards better collaborations amongst the three nations.
Host:
The Conference was hosted by the Ministry of MSME in association with the National Small Industries Corporation Ltd (NSIC), Brazilian Micro and Small Business Support Service (SEBRAE), Department of Small Business Development and Small Enterprise Development Agency, South Africa.
Discussion:
The IBSA 6th Tri-Nations Virtual Conference had four technical sessions divided into two days (2 & 3 September).
During the Conference, experts and senior officials from Ministry of MSME, Govt of India; Brazilian Micro and Small Business Support Service (SEBRAE), Brazil; Department of Small Business Development (DSBD) & Small Enterprise Development Agency (SEDA), South Africa deliberated on various topics like-
Enabling MSMEs in National Entrepreneurial Ecosystem, Innovation & Inclusivity, Integration into Global Value Chains, Sustainable Development: Preparedness of IBSA to deal with COVID-19 like crisis in future
About IBSA (India-Brazil-South Africa) Forum:
IBSA is a unique Forum which brings together India, Brazil and South Africa, three large democracies and major economies from three different continents, facing similar challenges.