New Delhi, Jul 25 (PTI) Invest India and Business France have signed an MoU to promote investment facilitation and cooperation between startups of the two countries, the commerce ministry today said.

It said that the goal will be to facilitate direct foreign investment by providing practical investment information to enterprises and support the companies pursuing those opportunities, which contribute positively to economic growth of the two countries.

Invest India and Business France will collaborate to promote business and startup ecosystem cooperation through joint activities and exchange experiences to strengthen institutional knowledge.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)