Bengaluru (Karnataka) [India], August 11 (ANI): In a step towards enhancing financial cooperation, Mayor of Nagoya City, Ichiro Hirosawa, and the administrator of Bruhat Bengaluru Mahanagara Palike (BBMP), Tushar Giri Nath, signed a Joint Declaration of Intent (JDI) to advertise financial trade between the City of Nagoya, Japan, and Bengaluru, Karnataka on Monday, stated a press launch.
This Joint Declaration of Intent was formally signed in Vikas Soudha, with the aim of selling sister-city relations between Nagoya and Bengaluru.
With the shared imaginative and prescient of fostering deeper financial ties, the declaration outlines the areas of cooperation, reminiscent of info sharing, underneath which each cities will trade info on their respective industrial traits to advertise financial engagement. This info shall be made accessible to enterprise enterprises and related stakeholders.
Business Promotion: Both cities will encourage entrepreneurs and enterprise entities to discover enterprise enlargement alternatives, notably in sectors the place every metropolis holds strategic industrial strengths.
Human Resource Exchange: To additional improve the financial improvement of each areas, the cities will encourage human useful resource trade via cooperation between universities and different related establishments of their respective areas.
Speaking on the event, Administrator of BBMP, Tushar Giri Nath, said that Nagoya is a good looking metropolis, and he hopes that extra corporations from Nagoya will set up a presence in Bengaluru.
Chief Commissioner BBMP, Maheshwar Rao, emphasised that the signing of the Joint Declaration of Intent with Nagoya City will function a big increase to enterprise development and can pave the best way for extra Japanese corporations to put money into Bengaluru.
Mayor of Nagoya, Ichiro Hirosawa, expressed his delight, noting that Bengaluru already hosts many enterprises, and the Joint Declaration of Intent with BBMP marks a optimistic step towards selling financial trade between the 2 cities.
The occasion was attended by Special Commissioners Harish Kumar Ok., Karigowda, Preeti Gehlot, representatives from the City of Nagoya, representatives from BCIC, and different dignitaries and officers. (ANI)