An Agreement of mutual cooperation was signed between National Small Industries Corporation (NSIC), New Delhi and Local Enterprise Authority (LEA) of Botswana for the development of micro, small & medium enterprises in both the countries. The MOU was signed by Dr H.P Kumar, Chairman-cum-Managing Director, NSIC and Dr. T.T.K Matome, Chief Executive Officer, LEA, Botswana in the august presence of Lieutenant General Mompati Sebogodi Merafhe, Vice President of Botswana. Mr. Oreeditse Molebatsi, Assistant Minister of Agriculture of Botswana, Ms. D.A. Kgosietsile, High Commissioner of Botswana in New Delhi were also present during the MoU signing ceremony. The MOU envisages setting up of Technology cum Business Incubator Centres, developing policies and Institutional framework for SME development in Botswana.