Turkey and Rwanda have agreed to enhance cooperation between the two countries' SME’s. Ministers sign a Memorandum of Understanding in Ankara.
Date: 20 September 2021

Foreign Minister Mevlut Çavuşoğlu and Rwandan Minister of Foreign Affairs and International Co-operation Vincent Biruta signed a Memorandum of Understanding for cooperation in the field of SME’s.

 

One-on-One and Inter-Delegation Meeting 

Rwandan Foreign Minister Biruta, during his official visit to Turkey, met Foreign Minister Çavuşoğlu. After one-on-one and inter-delegation meetings, Çavuşoğlu and Biruta held a joint press conference. 

 

Relations Between KOSGEB and MINICOM 

Ahead of the joint press conference, the two ministers signed various agreements. Within this framework, a Memorandum of Understanding was signed between KOSGEB and the Rwandan Ministry of Commerce and Industry (MINICOM). 

 

We have a long way to go 

Foreign Minister Çavuşoğlu said, "We can improve our political and economic relations", referring to Memorandums of Understanding for cooperation in the fields of SMEs, higher education scholarships, protocols and sports. 

 

Intensifying Trade Relations  

Çavuşoğlu emphasized that the development of cooperation in the field of SMEs of the two countries would intensify current trade relations with Rwanda and promote the volume of trade. 

 

Increasing Corporate Capacity 

KOSGEB and MINICOM will share information and experience within the context of the Memorandum of Understanding.  We aim to increase institutional capacity in the field of SME support mechanisms, to improve economic and commercial cooperation between SMEs, and to increase the competitiveness of SMEs. 

 

With the Memorandum of Understanding signed with Rwanda, the number of MoU’s has reached 91, signed with 86 counterpart organizations and 5 international organizations.