In a bid to accelerate regional economy of Northeast India, Indigenous Chamber of Commerce and Industry (ICCI) and Federation of Indo-Israel Chamber of Commerce (FIICC) Northeast Chapter inked a MoU for a tenure of one year.

On 16th October in Hotel Apollo Grand, GS Road, Guwahati held the MoU program.

The agreement between the both parties is driven by a common goal to promote indigenous entrepreneurs, farmers, technology promoters, and artisans of north-east India in general and state of Assam in particular.

The primary objective of the MOU is to promote the economy of the indigenous people of Assam by utilizing the state of the art technologies from Israel and to  attract prospective investors from Israel to invest in the state of Assam jointly with the indigenous entrepreneur of the state. 

ICCI and FIICC aims to act as a conduit between Israel and Assam for overall development of the state. As per agreement, ICCI will be conducting a study in Assam for identification of areas where state of the art Israeli technologies can be implemented to improve industrial and agricultural productivity.

ICCI and FIIC will jointly endeavor to facilitate transfer of such technology from Israel to entrepreneurs and farmers of  Assam.  Necessary training, workshops etc. will be organised both virtually  and in-person to for training on such technologies. ICCI and FIICC will also facilitate collaboration between Israeli and Indigenous entrepreneures from Assam for setting up of new industries in the state. All helps will be provided to investors from Israel, willing to invest in Assam, independently or jointly with some local partner from state of Assam.

The Memorandum of Association was signed jointly by Mr. David Ashkenazy, Chapter Head, FIICC, North East India and Mr. Benjamin Ashkenazy representing FIICC  and ICCI President Mr. Dilip Sarma, Chief Convener Mr. Anup Chetia.