LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) is going to sign six Memorandums of Understanding (MoUs) with six public sector organizations to celebrate 27th June as World MSME Day on Tuesday (today). The signing ceremony would be attended by Makhdoom Syed Murtaza Mehmood, Federal Minister Industries and Production as Chief Guest. The organizations joining the signing ceremony of MoUs included Punjab Small Industries Corporation (PSIC), Federal Tax Ombudsman (FTO), Punjab Information Technology Board (PITB), Messaliha International Center for Arbitration and Dispute Resolution (MICADR), Urban Unit Government of the Punjab and Government of Gilgit-Baltistan.

CEO SMEDA Farhan Aziz Khawaja, while commenting on significance of the World SME Day, informed that the United Nations General Assembly, in order to recognize and streamline the importance of Micro, Small and Medium Enterprises (MSME) in any economy had declared 27th June as World MSME Day and the first MSME Day was celebrated on 27th June 2017. The objective of celebrating this day is to provide a platform for MSME owners to tell their stories of entrepreneurship and its challenges, while governments, international organizations and business support organizations show their commitment to supporting their development, he said adding that the World MSME Day 2023 focuses on galvanizing MSMEs worldwide by supporting women and youth entrepreneurship and resilient supply chain, in line with 2030 Agenda for SDGs.

Copyright Business Recorder, 2023