Austrade, the Australian Government trade on Wednesday signed MOU with private lender bank Yes Bank to explore trade opportunities in agri business sector.
Yes Bank and Austrade will mutually collaborate in business alliance and co-operation on information sharing, business development, syndicating, lending, and trade financing in agri-business. The MoU was signed by Nicola Watkinson, Minister Commercial and Senior Trade & Investment Commissioner -South Asia, Australian Trade Commission and Nitin Puri, President & Country Head, Food & Agribusiness Strategic Advisory & Research, Yes Bank.
As part of the agreement, Austrade and Yes Bank will jointly organise workshops across India to create awareness about Australian capabilities in the food and agri-business sectors and exchange information with Indian businesses looking at international expansion opportunities. "We are organizing workshops in Tamil Nadu, Kerala and Karnataka and Gujarat Nicola Watkinson told The Pioneer when asked about the States.