USAID (US Agency for International Development) has joined hands with KOICA (Korea International Cooperation Agency) to empower women in India. A new Memorandum of Understanding (MOU) for the international collaboration has been signed by the alliance on February 20, 2024 in New Delhi. This collaboration shall aid in country’s development. This alliance shall will be a great profit for women.
US Ambassador to India, Eric Garcetti and Republic of South Korea Ambassador to India, Chang Jae-bok were present when the MOU was signed. The key focus of the alliance is to originate initiatives in women's economic empowerment, disaster and climate resilience, digital literacy, and trilateral cooperation with the Government of India.
Eric Garcetti stated, “This MOU, combined with India’s expertise, will drive progress in emerging technologies, STEM education, and support women entrepreneurs to flourish in their pursuits.”
Chang Jae-bok exclaimed that this MOU shall foster new initiatives that will focus on women’s economic empowerment along with disaster resilience, and digital literacy. Women entrepreneurs being a part of the MOU’s goals, is good news for the women of India.
Alongside this MOU, the alliance declared an inaugural initiative which is an exchange program for women entrepreneurs involved in USAID/India programs, ahead of Women’s History Month. This program shall provide specialized training particularly in South Korea to enhance their leadership skills and business decisions.
