Memorandum of understanding signed between North Eastern Council, Shillong and Indian Institute of Foreign Trade

A Correspondent

SHILLONG: A Memorandum of understanding (MoU) was signed on Wednesday between North Eastern Council (NEC), Shillong and Indian Institute of Foreign Trade (IIFT), New Delhi for setting up of Centre for North Eastern Studies (CeNEST) at the IIFT Kolkata Campus.

The signing of the MoU is part of the initiative to develop the NEC as the state-of-the-art resource centre. This collaboration would enable the setting up of the Centre for North Eastern Studies (CeNEST) at the IIFT Kolkata campus in a partnership model between the NEC and IIFT.

The centre would facilitate the North Eastern States in policy-making, strategic planning and effective implementation of various trade promotion schemes; undertake research and analysis on issues relating to international trade and business, capacity building and serve as a knowledge partner. This will help the States in exploiting the potential of exports of the products from the region and promote innovations in business. The newly-developed website of (CeNEST) was also officially inaugurated and launched by Ram Muivah, Secretary, NEC on the occasion. The MoU was signed by Ram Muivah, Secretary, NEC and Prof K Rangarajan on behalf of IIFT in the presence of officials from NEC and IIFT Kolkata.

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